SO YOU WANT TO SELL A HOME...
Selling a home involves valuing your home, effective marketing, negotiating, and closing procedures. Below are 9 steps to selling a home
Step 1
What is my home worth?
The first step to selling a home is determining what the market value of the home is. What is the property worth compared to other area sales in the current market. Getting this information is crucial to your plan to sell.
Step 2
Talk to your A&R Realty experienced broker
We can provide you with a Comparative Market Analysis (CMA) that will show you the home's worth in the current market with supporting area sales data. We can also supply a Professional Equity Assessment Report that will show you what you might expect to NET after all estimated closing costs and mortgage payoff (if any).
Step 3
Asking price and strategy
Once you decide on what your asking price will be based on the supplied market info, next step is to form a marketing plan and selling strategy for the home that bests suits your goals and needs.
Step 4
Ready, set, FOR SALE
Once your strategy is set, it's time for photos and listing the home for sale in the MLS through your A&R Realty broker. In this day and age with majority of buyers searching online, the house listing will be posted among a large collection of real estate websites and social media run ads will also be used for max attention.
Step 7
Inspections and appraisals
Part of your buyer's review process to purchase your home is a home inspection and appraisal. The inspection is a review of your home's condition by a licensed home inspector. And the buyer's lender (unless they are paying cash) will appraise the home to confirm the sales price is fair market value. There also might be a pre-sale inspection required by your city/village/town.
Step 5
Get ready for showings
Is your home ready to show once we get an interested buyer who wants to view it? Depending on your selling strategy, showing your home at it's best is key to a good first impression. And it's not uncommon to have several showings before receiving an offer. The price and marketing dictate the amount of showings you will get.
Step 8
Closing
All that is left to finish your sale is to wait for your buyer to get their loan approved for closing. In the meantime, your attorney will process the transfer documents with a title company. At closing, your sale costs (taxes title, commission, attorney) will be taken from your sales price, your mortgage will be paid off (if applicable), and you will receive your sale proceeds. All that is left is to hand over the keys to the new homeowner.
Step 6
We got an offer!
Once we have an offer from a pre-qualified buyer, it's time to negotiate the offer. Your A&R Realty broker will explain to you the terms of the offer and help you decide your next step. Once an agreement is reached, the contract will be signed and sent to your real estate attorney for review.
Step 9
Congratulations
A great team
A great selling experience often is because of a good team around you. An A&R Realty broker can offer recommendations for the following services:
-Home inspectors
-Real Estate Attorneys
-Title Companies
-Home Warranty
A&R Realty Credentials
-Chicago Association of Realtors Top Producers 2016-2020
-Members of Illinois Association of Realtors
-Members of National Association of Realtors
-NAHREP Top 250 Latino Award
-Specialize in residential, VA buyers, first-time, all property types
-Also experienced in residential property investments
-Over 100 million in personal sales
-$650 million of investment sales experience working for Wall Street fund
A&R Realty
10526 W Cermak Rd Ste 307H, Westchester IL 60154
Please call 1-773-683-1553 or email info@aandrrealtyllc.com to book an appointment.
