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Why use a REALTOR, Part 3: Property is listed. Now what?

By admin | March 27, 2009

Once the property is under listing agreement, the REALTOR still has plenty of work to do including

  • reviewing current title information
  • measuring square footage, interior room sizes, and confirming lot size
  • noting property lines, agreements, and easements
  • obtaining and reviewing house plans and plat map
  • working with seller to prepare showing instructions
  • obtaining and verifying current mortgage loan information
  • discussing possible buyer financing alternatives and options with seller
  • reviewing current appraisal
  • verifying Home Owner’s Assocation fees and obtaining copy of bylaws
  • researching availability and calculating average cost of electricity, gas, water, and other utilities and services
  • preparing detailed lists of property’s amenities, items included with sale, any repairs or maintenance items
  • explaining and assisting sellers with Home Owner Warranty process
  • preparing extra key for lock box as well as yard signs and flyers
  • working with seller on other details specific to the property including Termite Bond, lead-based paint disclosure, Seller’s Disclosure form, well water report, rental units, etc.
  • making recommendations to improve both the curb appeal as well as the interior design to shorten time on market
  • taking photos of property
  • placing information into MLS (Multiple Listing Service) database and onto marketing websites
  • checking and maintaining accuracy of listing data

Make sure your REALTOR completes all these necessary steps to successfully sell your property.

In  my next post, I will discuss how an experienced REALTOR markets a listing.  Stay tuned …

Topics: Home mortgage |

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