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Engle Realty: A Greater Baton Rouge Louisiana Real Estate Company

Specializing in both Residential & Commercial Real Estate Sales

 

 

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The Real Estate Selling Process


So what exactly happens when a real estate company sells a house? What is the real estate company's role as your agent in the process? What functions does the real estate agent serve as? What is it that the real estate agent does? What is it that you have to do? This comprehensive guide below that will explain it all:

SELLER’S SERVICES

  1. Go over listing agreement.

    1. Obtain and record information of property

      1. Fill out Property Disclosure Document

    2. Get dimensions of property and evaluate

    3. Seller decides on price

      1. Present Comparative Market Analysis

      2. Present to you valuable information as to Market Value

    4. Sign listing agreement

      1. Fill Out Listing Agreement

  2. Prepare the property for showing.

    1. How-To Booklet

  3. List the property on MLS system.

    1. Place sign in front

    2. Place keybox on door 

Advertising:

  1. Newspapers: The Advocate, The Banner, The Real Estate Finder

  2. Website:

    1. EngleRealEstate.com

      1. Sales Page

      2. Many other websites.

  3. MLS Database: *exclusive

    1. Makes it available to many websites:

      1. Realtor.com

      2. All Realtors® have access to it

  4. Professional sign on property

    1. Additional informational signs available (Waterfront, Acreage, Commercial, etc.)

  5. Open Houses:

    1. Usually 2-4 PM Sundays on some properties

  6. Showings

    1. Meet with buyers

    2. Follow-up

  7. Existing and New Clients *exclusive

  8. Word of mouth *exclusive

    1. Agent to Agent

Other services prior to contract:

  1. Present offers

    1. Regardless of Price (Good/Bad)

  2. Can give professional advice and guidance

  3. Reject offers

  4. Negotiate

    1. Agents act as a buffer between parties, which can mean getting more for your house.

  5. Accept offers

    1. Receive Deposit Check

Post Acceptance Assistance:

  1. Order Termite Inspection

  2. Communicate with and oversee various companies

    1. Title company

    2. Insurance companies

    3. Mortgage company

    4. Inspection company

  3. Work to ensure that buyer can get financed.

  4. Go over HUD

  5. Accompany you to closing.

    1. Explain paperwork to you so you know what you are signing

This is the major points of the selling process. All sells are never the same and so when you encounter problems as the seller, I will be there to help you resolve them.


225-937-4003 2552 Nicholson Drive Suite A | Baton Rouge, LA 70802 U.S.A.  SITE MAP
This information is deemed reliable but is not guaranteed. This information is subject to change, and should be independently verified. None of this information should be construed as legal, accounting, tax, financial, or any other types of professional advice. Note that most of this information pertains to Louisiana Real Estate, which follows a different set of laws than the rest of the United States' states. © 2006, 2007, 2008, 2009, 2010, 2011, 2012 David Engle | FFHEO