The Goal for Every Home I List. Quick Sale-Top Dollar

Once a buyer has presented an offer, the negotiation process begins. The seller can accept, reject or counteroffer. Counter offering continues until one party accepts or rejects the offer.

After an offer has been accepted, your attorney will review the contract. Then, depending on the stipulations of the contract, a buyer will arrange for a professional inspection and will accompany the inspector on this inspection of the property. If necessary repairs are required, your attorney and I (as your Realtor) will work together to negotiate the repairs. I will coordinate and update all parties on this process.

If a buyer’s walk-through is stated in the contract, I will arrange this. It is important to note that upon vacating the premises, the property must be in the same condition, or better, than it was when the agreement for sale was made. Also remember that you must comply with all requests of the buyer’s lender and/or appraiser in a timely manner.

You may be wondering how much money you’ll net from the sale of your home. This worksheet is included to help you arrive at that figure. Just add up your closing costs and subtract them from the sale price. The result is your net profit.

What You’ll Net at Closing

• Mortgage payoff and outstanding interest
• Prorations for real estate taxes
• Prorations for utility bills, condo dues and other items paid in arrears
• Closing fees charged by closing specialist
• Title policy fees
• Home inspections
• Attorney’s fees
• Survey charge
• Transfer tax or other government registration fees
• Brokerage commission
  Total =

Still have a question?