AMERICAN REALTY & MORTGAGE

Noah Kou, The Broker to call for all your needs.

Tel: (650) 278-6838

Hi, I am BEBE.

Welcome!


Home ] Up ] Real Estate for Sale ] Info For Buyer ] Info For Borrower ] Calculators ] Sample Listing ] Community Info ] About ] Contact Us ] Useful Links ]

 

Prior To Sale
Clean Up and Repair
Make sure your house makes a good first impression on prospective buyers.
Start to pack, put away or pack away everything that you can.
Painting may help.
Clean the carpets.
If necessary consider replacing carpets.
Don't remodel to sell, it is too late.
The most cost effective is cleaning, and packing, next is painting and carpets.
Painting and carpets, even remodeling will likely not effect your price much, it will make your home sell quicker and for a firmer price, you will probably not get the cost of a significant remodeling project back in the sale price if you chose to remodel just prior to a sale.     [Go To Top]

Inspections
It is recommend that you have your home inspected by a home inspection firm and a licensed termite firm.
Inspections are not required by law, however, they will help you diagnose troubled areas of your home, and help you decide if you should undertake necessary repairs or not.
Buyers will generally expect your home to be in serviceable condition, that the roof is leak free, and the house termite free when they offer or they will expect a discount for necessary repairs.
If you get inspections, when you get a buyer, the buyer will be able to have knowledge of the condition of your home prior to making an offer, our experience, the more informed the buyer, the stronger the sale will be.
Having inspections will help you sell your home in "As Is" condition, as the buyer will have informed knowledge of the condition of your home prior to making an offer.    [Go To Top]

Listing Your Home
Picking An Agent
Pick an agent that you feel comfortable with.
Pick a firm that has a good reputation in the community and a track record of success.
Make sure your agent is a member of the MLS.
Pick a firm and an agent that can service your needs, advertising, support staff, National Recognition and referrals are areas that should be considered             [Go To Top]


Pricing Your Home
Price your home right!
If you over price your home, it may not sell.
Has your pricing on the Comparative Market Analysis prepared by me, Noah.
price your home so that is it competitive with other homes in your area that are for sale, buyers will likely look at those homes too.
If in doubt, arrange with me, Noah to tour other homes that are for sale in your area.    [Go To Top]

Time
Have your agent long enough to sell your home, most firms will want 180 days, the minimum most firms will accept is 90 days.    [Go To Top]

Disclosures & Ordinances
Complete all the required disclosures when you list your home.
Disclosures should be made available to buyers prior to making an offer or with a counter offer.
If you have to ask yourself should I disclose or not, then you should disclose.
It is better to disclose than not to.   [Go To Top]

Showing Your Home
Showing effects price!
The easier to show the better.
I recommend using a MLS lockbox
It is better if you are not home.
If you are home, stay out of the way of the agent showing the home unless they need you.
Some agents will call at the last minute, try to accommodate them.
Some agents will not show up, or will come late, try to not be too effected by it.    [Go To Top]


Getting an Offer
Think what you are willing to take for your home.
Respond to the buyers offer with a written counter offer as soon as possible, making the buyer wait too long for a response to an offer may cause them to lose enthusiasm to purchase your home and cost you to lose a possible sale.
In most circumstances it is best to make a counter offer if the buyers offer is not acceptable to you, this tactic puts the ball back into the buyer's court and keeps the sale process moving toward an agreement.   [Go To Top]

Opening Escrow
Once an offer is agreed upon an escrow should be opened with a title company
, our agent should make sure that the conditions of the offer, such as timing of inspections and loan conditions are complied with    [Go To Top]

Moving & Occupancy
This is the most difficult for everybody
Most buyers expect to move into your home once the escrow (sale) closes.
Staying in the property after close of escrow can be arranged, however, the buyer will expect you to pay their daily cost of ownership, this is called PITI, principal, interest, tax and insurance.
Sometimes sales do not close as planned
Plan your move ahead, give yourself some space and time for moving. [Go To Top]

Closing
Closing is when title transfers to the buyer and money to the seller
The day of closing the property transfers to the buyer and the seller is expected to be out of the property
If you need to stay after close of escrow, expect to pay the buyer's cost of owning the property (PITI) until you move        [Go To Top]

San Francisco Real Estate | Daly City Real Estate | South San Francisco Real Estate | San Bruno Real Estate | Millbrae Real Estate | Burlingame Real Estate | Pacifica Real Estate | Hillsborough Real Estate | San Mateo Real Estate | Foster City Real Estate | Redwood Shores Real Estate | Redwood City Real Estate | Belmont Real Estate | San Carlos Real Estate | Brisbane Real Estate | Atherton Real Estate | East Palo Alto Real Estate | Menlo Park Real Estate | Palo Alto Real Estate

Copyright © 2004-2008 American Realty & Mortgage. All rights reserved.            Disclaimer