Selling a Property 101
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Selling your home can be one of life’s more stressful events, even for the most seasoned of sellers. This makes choosing the right agent for you so important. Yes, the agents level of performance and marketing tools are a priority, however, it is just as important to trust and be comfortable with your agent of choice. We are very proud of the level of repeat clients and referrals given by past clients attesting to that level of trust and communication . . . And we are ready to help you.

The Process

Would you buy it? Getting the property ready before listing. You want to make as good a first impression as possible. Getting the opinion of a home stager or your realtor can be helpful in seeing what a prospective buyer will see and be looking for. See our next page, Home Improvement, for details.
First you have to sell it to the real estate agents, then to the buyers and then to an appraiser. These are the three “sales” you need to keep in mind when pricing your property. A listing price should be based upon comparable SALES over the past 3-6 months. What you can not base the price on is what you need to get to be able to buy your next home, or what you bought and invested in the property...the buyer and appraiser value your property based on the current market. Click here to register for the Prudential Fox & Roach Home Pilot which will keep you on top of active listings in your area.
Get your pen out. Having decided to move forward, you will need to set aside a quiet hour to meet with your agent to fill out all relevant paperwork. One of the things to be filled out will be the sellers disclosure. This document will outline everything you know about the property including improvements.
Tell the world. Your listing is then marketed. The information and photographs will be entered on the MLS informing the area agents of the new listing. This information will also be downloaded to multiple other web sites. www.prufoxroach.com, www.realtor.com, www.buckspahomes.net. Other marketing activities include a full color brochure left at the property for buyers to take, an open house during the week to showcase the property to the area agents and public open houses on Sundays if appropriate.
Review. It is important not to let time get away from you. Reviewing your price position in the market regularly is necessary to prevent your listing from being left on the shelf.
Hurray, we have an offer!!!! When an offer is submitted we will review it with you. All aspects should be considered,- price, settlement date, inspection contingencies and, of-course, their financial ability to complete the sale. In a perfect world it will be everything you want, but if it isn’t, then you will negotiate with the buyer until you reach an agreement or the buyer moves on with their home search. Let’s assume we reach agreement and move forward.
Inspections are next. The buyers will pay for and conduct the agreed to property inspections. You, the seller, will not attend but will receive a copy of the report if the buyer requests any repairs or credit for said repairs.
Details. Once the inspection contingencies are met the only remaining contingency is generally the mortgage commitment. This is a letter from the buyers mortgage company showing that the mortgage has been approved and the money is waiting for the day of settlement. This is the appropriate time to look to the details of moving. Utilities
Settlement Day. On the day of settlement your buyer will conduct a walk through of your property to make sure it is ready for them to move in. So this means all of your possessions must be off the property and the house clean. The settlement process usually takes an hour. If you are unable to attend the settlement we will need to prearrange with the title company conducting the sale to have a deed package sent to you. You will need to sign the paperwork, in the presence of a notary, which will include the Deed and a Power of Attorney authorizing a third party to sign the HUD sheet on the day. This third party can be your attorney or realtor.
Congratulations, you sold your property.


Louise Nicholls
267-880-3035 Direct
215-479-0020 Cell
LouiseNicholls@Comcast.net


Fay Evans
Direct 267-880-3016
Cell 215-915-8047
FayEvans@verizon.net


Herman "Skip" Braksator
267-880-3012 Direct
215-479-0522 Cell
SkipBraksator@Comcast.net


Terri Hewitt
Direct 267-880-3074
Cell 267-885-5388
THewitt05@yahoo.com