Selecting a Realtor®
Your most important decision when selling your Chicago home is the selection of the person you choose to represent you. The job of your SourceOne Sales Associate is to support you in selling your home with the best possible terms, and to aid you through the entire process. Your Realtor will explain the process of selling a home and familiarize you with the various activities, documents and procedures that you will experience throughout the transaction.
Tips For Selecting Your SourceOne Realtor
Your Real Estate Professional should be:
- Aware of the complicated local and state requirements affecting your transaction.
- Effective in multi-party, face-to-face negotiations.
- Highly-trained, with access to programs for continued learning and additional certifications.
- Resourceful in attracting the largest possible pool of potential buyers.
- Knowledgeable in the technology resources that facilitate the transaction.
- Assisted by a fully-staffed marketing department.
- Supported by professional legal counsel.
Developing a Marketing Strategy
In order to sell your home quickly and on with the best possible terms, it's necessary to prepare your home for the market. This process includes:
- Deciding when to put your home on the market.
- Establishing a strategic price based on recent comparable sales, local market conditions and your motivation to sell.
- Estimating probable net proceeds.
- Advising you on how to make your home more appealing to potential buyers.
- Wide spread Internet exposure for your property
SourceOne Core Services
- Placement of a "FOR SALE" yard sign on your property, where permitted.
- Installing a lock box to make it easy for agents to show your home.
- Place your home in the Northern Illinois regional Multiple Listing Service (MRED) for immediate exposure to the real estate brokerage community.
- Arranging for area Sales Professionals to tour your property.
- Developing a flyer/brochure to highlight the main features and benefits of your home.
- Place your property on over 400 high-traffic Internet sites.
- Holding an Open House to supplement web marketing exposure.
- Contacting your neighbors to promote the property.
- Advertising your property at our regular office meetings.
- Asking clients and colleagues if they know of possible buyers.
- Placing your Virtual Tour on as many web sites and social networking sites as possible.
Negotiating the Offer
Your Sales Associate will immediately present and explain all offers to you. You will be able to accept, reject, or counter any offer presented. During the negotiation process, your Associate will leverage their experience and skills to advocate your interests:
- Reviewing the contract and obligations before you sign.
- Explaining how contingencies and release clauses work.
- Protecting you from signing a "blank check" for unknown problems or repairs.
- Defining legal disclosure requirements.
- Orchestrate the offer process for "back-up" offers, if necessary.
Throughout the negotiation, your Sales Associate will provide you with a professional, objective point of view; but the final decision of accepting an offer is yours.
After the Offer is Accepted
Once an offer is accepted, your SourceOne Realtor will manage all the details to make the process as stress-free and efficient as possible:
- Staying in contact with the buyer's agent to ensure a smooth escrow.
- Following up on the progress of the buyer's loan.
- Monitoring all contingency removal deadlines.
- Assisting you if a conflict with the buyer arises.
Finalizing and Closing the Transaction
Finalizing the process includes reviewing all closing documents and ensuring both parties have copies. When the transaction has closed, your Sales Associate will deliver the closing check to you and the keys to the new owner.
If you're planning to move in or out of Chicago, Hinsdale, Downers Grove, Oak Brook, St. Charles, Geneva, Palos Park or any West or South suburb of Chicagoland, we can assist you. We also have foreclosure experts on site. 800-498-0967