Use the Seller Checklist as a convenient way to keep track of all the things you must do to complete the process of selling your home. For a printable copy click this. Get Acrobat Reader

Preparing To Sell

 ___  Commit to Selling FSBO

 ___  Research completed on process

 ___  Psychologically ready for FSBO process

Preparing the House

 ___  Landscaping in good shape

 ___  Paint front door and entryway

 ___  All clutter removed

 ___  Kitchens and bathrooms spotless

 ___  All appliances in working order

 ___  All faucets and toilets in working order

 ___  Carpet cleaned

 ___  All rooms spotless and orderly

 ___  Items that will not convey tagged or removed

 

Understand Your Market

 ___  I know I am in a "buyer's market"

 ___  I know I am in a "seller's market"

 

Pricing Your Home

 ___  Order and review a home comparable report to help price

 ___  Visit and document competing houses on market

 ___  Create a "value range" for the house

 ___  Decide on a starting price for the house

 ___  Obtain a Good Faith Estimate

 ___  Calculate net proceeds on an asking price

 

Completing Seller Disclosure

 ___  Know the disclosure rules in my area

 ___  Acquire standard seller disclosures form

 ___  Complete seller disclosure on the house

 

Prepare Marketing Materials

 ___  Acquire sign

 ___  Acquire flyer container

___  Create sales flyer

___  Write an advertisement for classified advertising

___  Print neighborhood and school reports

___  Home Warranty

___  Home Warranty sign rider

Attracting Buyers

___  Advertise the house online

___  Place ad in AJC

___  Place ad in smaller regional paper

___  Hold Open Houses on weekends

___  If willing to pay a real estate agent to bring a buyer, notify local Realtors of house for sale

___  Ad placed in neighborhood newsletter if appropriate

Handling Potential Buyers

___  Utilize Talking House to provide buyer’s info on your home and screen unnecessary inquiries

___  Put small valuables away before showings

___  Keep a log of potential buyers who see the house

___  Follow up with each potential buyer

Writing the Offer

___  Obtain contract forms if buyer is not using their own from

___  Know the typical elements of an offer and contract

___  Know your preferred timeframes for settlement

___  Hire a real estate attorney to handle the contract

___  Be certain local requirements for seller disclosure are met

___  Have contract attorney referrals ready to give to buyer

Negotiating the Offer

___  Offer is presented for consideration

___  Assess the points of the contract

___  Pre-qualify the buyer through Family Mortgage of Georgia

___  Price is acceptable or counter-offer price is decided upon- use Net Proceeds Estimate Form

 ___ Timeframes for inspections, financing and settlement acceptable or alternatives decided on for counter offer

  ___ Inspection, closing cost contribution and other contingencies are acceptable or alternatives decided on for counter-offer

  ___ Earnest money deposit is acceptable or alternative decided on for counter offer

  ___  Accept contract, reject contract or prepare counter-offer in response to contract

  

Handling the Details

 ___  Home inspection completed if contract requires

___  Home inspection followed up on

___  Home inspection issues resolved if necessary

___  Other inspections completed if required by contract

___  Roof inspection

___  Electrical inspection

___  Other _____________________

___  Inspections followed up on

___  Inspection issues resolved if necessary

___  Property disclosures delivered to buyer, or condo documents if appropriate

___  Property disclosures approved by buyer

___  Property disclosure issues resolved if necessary

___  Buyer applies for mortgage from Family Mortgage of Georgia

___  Buyer provides pre-approval letter if not already provided

___  Appraisal completed

___  Appraisal followed up on

___  Appraisal issues resolved if necessary

___  Buyer's mortgage is approved

___  Open escrow with your title company or another source

___  Deposit earnest money with escrow company

___  Provide necessary documents to escrow company

___  Survey is completed if necessary

___  Title search is completed

___  Issues with title search resolved if necessary

___  Title commitment completed (title work done)

___  Termite inspection ordered if necessary

___  Termite inspection completed

___  Termite inspection followed up on

___  Termite inspection issues resolved if necessary

___  Buyer obtains Homeowners insurance

___  Repairs required by contract or inspections completed

___  Settlement/Closing date and time scheduled

___  with escrow officer or closing attorney

___  with buyer's lender

___  with buyer

___  Final walk-through completed with buyer

___  Buyer is satisfied with walk-through

___  Issues with walk-through resolved if necessary

Settlement/Closing

___  Review documents 24 -48 hours in advance

___  Resolve issues with documents if necessary

___  Settle!

Use this checklist to keep track of all the things you've done and still need to do.

 
Thompson Evans Realty
1640 Powers Ferry Road

Building 3, Suite 100
Marietta, GA 30067 - 404.606.4200
Copyright ©1998-2010 Norman Lavoie, All rights reserved