The Selling Process

1. Preparation and Planning

Goals: Determining why you're selling and what your priorities are, such as the target sale price, timeline, and any unique or specific terms you may need. We will assist you in determining the current market value of your home with a complimentary market analysis and broker price opinion report.

Financial assessment: we can assist you by calculating your current mortgage balance, outstanding loans, and any other financial obligations related to the property. We will construct a sellers balance sheet to give you a hypothetical view of costs and projected return.

Pre home inspection: a pre listing home inspection can identify and address any potential issues that may affect the sale. It is a best practice to address any deficiencies prior to putting your home on the market.

2. Art of the Sale

We are market experts with incomparable experiences strategic pricing and negotiating. By engaging us you have the full power of our agency behind you. That means our marketing administration and service will be working for you until you get your results.

Our market research and pricing strategy will help you determine an asking price that aligns with your goals. You may opt for a more competitive price to attract more buyers or a higher price to maximize profit

Marketing your home to the largest pool of qualified buyers is the goal. In order to reach our target audience, we utilize cutting edge technology, the power of digital and social media, coupled with artificial intelligence to synchronize our outreach to the strongest algorithm of potential buyers. Online and offline marketing allows us to blanket the marketplace with your home.

Once you've completed a pricing strategy session and marketing consultation, we we can develop a listing agreement which outlines the terms of representation including rates and the duration of the listing.

We will list your property on the multiple listing service (MLS), promoted online, and you traditional marketing methods like open houses and direct mail. We always use professional photography, high quality photos and, in some cases, virtual tours can make your listing stand out.

3. Schedule Showings

We will coordinate with potential buyers and their agents to schedule property showings. We always vet potential buyers to determine their financial capability before showing your property. If you prefer open houses we will schedule a series of them to attract more prospective buyers.

4. Receive Offers

Review offers: we will present all offers to you, including the proposed purchase price contingencies and any special terms.

Negotiate: Negotiations may require several rounds with buyers to reach an agreement on price, terms and conditions. You can accept, counter offer or reject offers.

Acceptance: once both parties agree on terms, the contract is binding in your sale which show under contract in the MLS.

5. Due Diligence

During this period once attorney approval is provided, home inspections are performed (if buyer chooses to perform an inspection as part of their offer) which allows for a New York State licensed home inspector to review the major components of your home. Upon completion, the buyer will have an opportunity to review a report provided by the home inspector and come back to us for potential repairs or concessions.

The buyers lender will order an appraisal and the appraiser's jobs determine the true market value of the home. If the appraiser confirms the contract value, the deal moves on towards closing. Should the appraiser valuation come in lower than contract price the buyer may want to renegotiate the purchase price.

6. Closing

Leading up to closing, the attorneys will perform a title search to ensure there are no liens or legal issues with the property.

Closing costs are typical for both buyers and sellers. The seller side generally covers aging commissions, title insurance, and transfer taxes period there may be remaining utility or Community Association fees applicable as well.

At settlement, both parties signed the necessary legal documents, and the buyer provides funds to complete the purchase. The deed is then signed and recorded with the appropriate government agency, officially transferring ownership to the buyer.

7. Post-Closing Responsibilities

Notify relevant parties: inform utility companies, insurance providers, Postal Service and other relevant entities of the change in ownership.

Handover meaning details: address any remaining details, such as transferring warranties or keys to the new owner.

It is essential to work closely with your real estate team throughout the process to navigate potential challenges and ensure a smooth home sale. Keep in mind that these specific details and timeline of each step may vary depending on location and the unique circumstances of your sale.