
The Selling Process
Step 1: Meeting with Your
Realtor
Step 2: Marketing Your Property
Step 3: The Purchase Agreement
Step 4: The Follow-Through
Step 5: The Closing
Selling your property is a step-by-step process
than can be complicated or stress-free, depending on the resources you
use. Your best and most important resource for a stress-free transaction
is your Realtor. That's why the first step in the selling process
is:
Step 1: Meeting with
your Realtor
Congratulations. You've made a great decision in
choosing to work with a Realtor. Together you have a lot of decisions to
make. Fortunately, your Ayre/Rhinehart Realtor is educated and
experienced in every aspect of selling property in the Midland area so
these important first steps should be a breeze. You'll discuss:
- agency and types of representation,
responsibilities of both you and your agent, and what your needs and
expectations are
- strengths and weaknesses of your property
- ways to improve marketability and possible
marketing strategies
- comparative sales in your area, typically
through a market analysis that your agent can conduct quickly and
easily
- the best selling price for your property
Once everything is agreed upon, you and your
agent will draw up a formal listing agreement and complete disclosure
forms. Then just sit back and relax. And
watch the magic unfold.
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Step 2: Marketing
Your Property
Your agent will customize a marketing strategy
to suit your needs and requirements. We have a variety of tried-and-true
methods that most sellers find very effective.
- Multiple Listing Service (MLS) - your
Realtor will immediately submit your property to this computerized,
on-line service. Within hours (if not sooner!) your property will be
seen by every Realtor in the area who can then notify their
prospective buyers of it.
- Advertising on our Website -
your property will be simultaneously advertised on a variety of
websites, including our company site
and the Midland
Board of Realtors site. These sites are visited by prospective
buyers every hour of every day, giving your property maximum
exposure.
- Print Advertising - still a very
effective way of promoting your property. We advertise in every
issue of the Midland Daily News including full page ads in the
Friday "Homes" section and we also advertise in the
Saginaw News and Bay City Times. Our in-house advertising staff also
ensures that your property is featured in every upcoming issue of
"Midland Area Homes" magazine until it is sold. This
popular publication is distributed bi-weekly throughout the Midland
County area at no charge. In addition, we advertise in the Saginaw
Area Homes magazine and the Bay Area Homes Magazine.
- Tours - every week our sales staff
tour newly listed properties in the area. This gives every Realtor a
firsthand look at the unique features of your property to give them
a better idea if suits their prospective buyers' needs.
- Signs - placing one of our
eye-catching signs on your property is a great way to generate
inquiries about it. Sometimes people become motivated to start
the buying process simply because they've always admired your home
and have dreamt of the chance to own it themselves.
- Showings - this is the best way for
buyers to learn everything about your property themselves. We keep
an electronic appointment log and record all requests to see your
home. If you'd like (and most sellers do), our office will notify
you in advance of any prospective showings. The buyer's agent will
accompany their client during the entire appointment and your agent
will relay to you any feedback received about the showing and your
property.
- Open Houses - this is another
traditional but very effective way to market your property. We'll
arrange a convenient time for your home to be open to the public. An
Ayre/Rhinehart agent will be present at all times to answer
questions, promote features and help interested buyers. We advertise
the time, date and place of your Open House in newspapers and also
on our company and Board of Realtors' websites.
- Referral Networking - Ayre/Rhinehart
has a wide variety of relocation referral sources and we also
network with major corporate relocations departments across the
country, so we work with transferees to our area all the time. This
results in added exposure for your property. Sometimes your property
may be perfect for someone who's not even in town yet!
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Step 3: The Purchase
Agreement
Before you know it, you'll have one (or more!)
offers to buy your property to consider. This is when you'll be
especially glad to have an experienced Ayre/Rhinehart agent on your
side.
Your agent will walk you through the entire
purchase agreement so that you can understand the contract completely
and can better decide what course of action to take. Your agent can help
you decide whether to accept the offer as is, reject it entirely, or
make changes to the contract in the form of a counter-offer.
This can be a very exciting experience yet
you'll want to make the best decision possible. Your agent will be the
voice of reason and experience for you to turn to. Some of the
factors to consider (besides price) include:
- financing
- terms
- date of possession
- inclusions & exclusions
- rights & duties of buyer and seller
- period of time allotted for inspections,
appraisals, repairs, etc.
Once both you and the buyer are happy with the
wording and terms of the contract, a formal
and binding purchase agreement is drawn up and signed by everyone
involved.
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Step 4: The
Follow-Through
Let's face it: selling your property (and
moving) can be a stressful experience and nothing is worse than being
kept in the dark. First and foremost, we keep you updated on everything
important that's happening behind the scenes.
As for the rest of the selling process, we
can arrange the required inspections, appraisals, utility
changeovers, title research and document preparation. We calculate
usage fees, tax prorations and utility prorations. If a problem should
arise, we'll be in touch promptly and we'll help get it taken
care of. Juggling all these balls is second nature to us.
After all, we've been doing it for over 25
years.
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Step 5: The Closing
The Big Day. When keys, deeds, titles and money
change hands.
You'll have had ample opportunity to review the
preliminary closing figures and have any questions answered. We coordinated
the time and place for this final step in the selling process. You didn't
have to worry a bit about the myriad little details that led up to this
exciting day. We made sure you had all the documentation you needed. All
you had to do was show up.
Your property is officially sold and in return
you receive a check, some important tax documents and, if we've done our
job right, the satisfaction at having chosen to work with Ayre/Rhinehart
Realtors.
And you walk away with a smile.
Call, write, visit
or email us
- we'll make it happen.
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