Sai Residential Realty
Sai Residential Realty
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    • About Us
    • Why Us
    • TRECForms
    • Guide
    • Contact Us

  • Home
  • About Us
  • Why Us
  • TRECForms
  • Guide
  • Contact Us

Home Sale-Agent/Broker's Role

Summary - Home Sales Process

  • Home Data Collection & Verification
  • Comparative Market Analysis (CMA)
  • Seller Disclosure and Listing Agreement
  • Home Inspection & Repairs (Optional)
  • Home Staging Process (Optional)
  • Take Home Pictures
  • Assess Special Requirements
  • Marketing - Listing Home to MLS/Public WebSites
  • Marketing - Yard Signs, LockBox, CSS
  • Marketing - Open Houses
  • Buyer Qualification & Negotiation
  • During Buyer’s Option Period
  • After Buyer’s Option Period
  • Closing & After

Home Data Collection & Verification

  • Visit & Review Home Features 
  • Fill Home Features Questionnaire
  • Take Room Measurements
  • Verify County Records and Title
  • Verify School Information

Comparative Market Analysis (CMA)

  • Prepare CMA report from MLS
  • Analyse CMA report
  • Determine market value
  • Review Data with Seller
  • Help Seller Set List Price

Seller Disclosure & Listing Agreement

  • Seller complete Disclosure Form
  • Survey/Map of the Home
  • Seller Sign Disclosure Form (Mandatory)
  • Seller Sign Listing Agreement
  • Exclusive Right To Sell (Mandatory)
  • Contract Period/Commission negotiable
  • Decide on Title Company

Home Inspection & Repairs (Optional)

  • Home Inspection by Seller Optional
  • Any repairs before Marketing Desired 
  • Maintenance (HVAC, Filters, Lawn Mowing) Recommended
  • Home Inspection and Repairs paid by Seller 
  • Inspection always recommended by buyers agent for buyer

Home Staging Process (Optional)

  • Homes Unoccupied - Recommended 
  • Homes occupied -  Seller’s decision
  • Staging Companies consultation only
  • Staging Companies staging as well
  • Staging/Consulting - Seller Paid

Home Pictures

  • Professional Photographer
  • Pictures approved by Seller 
  • Seller can provide own Pictures

Assess Special Requirements

  • Check special requirements
  • Seller Financing Option
  • Seller Leaseback Option
  • Home availability upon closing
  • Special Showing instructions

Marketing-Listing Home to MLS/Public WebSites

  • Home Details published to ultiple Listing Service (MLS)
  • Our MLS is NTREIS (North Texas Real Estate Information Systems)
  • MLS will publish data to public websites like Realtor.com, Zillow etc., in few hourst here.

Marketing - Yard Signs, LockBox, CSS

  • Front Yard “For Sale” sign 
  • Front Yard Brokerage Info sign
  • Lockbox on the door
  • Scheduling by CSS
  • CSS is Centralized Showing Service

Marketing - Open Houses

  • 2 Open Houses per month
  • 2 Hour duration for an Open House 
  • Open Houses till 
    • Sale Procured (or)
    • End of Listing Agreement
  • Open House Schedule as approved by Seller

Buyer Qualification & Negotiation

  • All Offers will be submitted
  • Negotiate the Buyer’s Offer Price
  • Explain Contract Document
  • Seller choice on the best offer
  • Verify Buyer Finance with Lender
  • Seller Sign On Contract
  • Communicate Offer Acceptance 

During Buyer’s Option Period

  • Verify Option & Earnest Check deposited by Buyer
  • Get updates from Title Company
  • Send contract amendments to Seller
  • Negotiate any repairs requested
  • Communicate accepted amendments to Buyer

After Buyer’s Option Period

  • Get updates from Title Company, if any
  • Get updates from Lender, if any
  • Communicate any updates to Seller

Closing & After

  • Review the Closing Document
  • Clarify any questions for Seller on CD
  • Confirm cash distribution to Seller
  • Handover keys to Title/Buyer agent
  • Remove lock box and yard signs
  • Update MLS with Sold Information

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