Selling Your Home | Sarasota & Lakewood Ranch Homes

Selling Your Home Sarasota & Lakewood Ranch Homes
What are the steps involved in selling a home?Even if you've bought or sold a home before, this process can still be daunting. This page will help you better understand the many steps involved and how we work to tie them together.
Decide to Make a Move
1. List With Your Prudential Palms Realty Sales AssociateSelling your home is more than just a financial decision, it's an emotional one. That's why it's so important to choose the right real estate representative - one who's not just a "salesperson," but one who cares about you and your needs. In order to do this successfully, your full-service real estate representative must be:
A Real Estate Professional
A Trusted Advisor
A Property Specialist
An Experienced Negotiator
A Marketing Manager
A t Transaction Coordinator
A Community Consultant
2. Discuss Seller Representation with your Prudential Palms Realty Sales Associate
3. Establish Price and Time FrameThe real estate market is constantly fluctuating, so pricing and timing is not an exact science. Rather, it is a reasonable figure derived from a number of different components, such as:
The status of the current real estate market
The expertise and market knowledge of your real estate representative
Lot size, size and condition of home
Location and special amenities
Selling and Listing prices of comparable homes
A sophisticated real estate marketing plan
Your level of motivation
Develop and Implement a Marketing StrategyYour Prudential Palms Realty Sales Associate will develop a marketing plan to create excitement and exposure for your home. There are a number of different vehicles available to market your home including:
Local Advertising
National and International Advertising
Relocation and Referral Services
The Internet
Signage
Multi-List Service
An Offer is SubmittedYour Prudential Palms Realty Sales Associate will notify you when an offer is being made on your house and will review the sales agreement with you.
The Negotiation Process BeginsPrice is only one factor in the transaction, many other terms and conditions such as hand-money deposit, possession, financing, inspections and more must be addressed. Your Prudential Palms Realty listing agent will be negotiating on your behalf to obtain the best price and terms for you.
The Offer is Accepted
Buyers Submit Loan ApplicationYour Prudential Palms Realty listing agent will maintain contact with the selling agent and apprise you of its status of the buyer's loan. The lender will send an appraiser to your home since a satisfactory appraisal is necessary for loan approval.
Home Inspections are ScheduledA home inspection is a visual examination of the physical structure and systems of the home. Most buyers require a home inspection as part of their sales agreement. We recommend that our sellers have the property inspected at the time of listing so that there are no surprises prior to closing.
Loan is Approved
Coordinate All Activities Required for ClosingYour Prudential Palms Realty Sales Associate will be in close touch with the selling agent and the closing company to make sure that all necessary documents and exhibits are collected. The settlement company will complete a title search to insure there are no liens or claims to the property.
Review Closing DocumentsYour Prudential Palms Realty Sales Associate will review the closing documents with you.
Finalize and Close TransactionBuyer and Seller will attend settlement (closing) at a predetermined time and location. All closing documents are signed, title is conveyed to Buyer, and Seller receives proceeds (if applicable).
Time to Move!