Our team takes pride in all that we provide for our clients. Here’s quite a list for your reading pleasure, it pairs well with a good cup of java!
- Explain representation and agency disclosure
- Set up listing
- Provide prelist packet
- Prepare a CMA (Comparative Market Analysis)
- Measure your home
- Make a list of home features and improvements
- Walk through inspection with the seller
- Suggest constructive remarks on marketability
- Make recommendations for necessary improvements
- Give suggestions needed for first impressions
- Explain Coldwell Banker Realty philosophy and company success
- Explain nationwide referral plan
- Set up relocation package, if necessary
- Set up moving van lines to destination
- Research online for tax information, assessment, lot size, plat map, estimated tax, homestead credit and pending special assessments
- Get mortgage information
- Locate school district information and locations
- Locate any wells on the property if applicable
- Advise owner of state regulations on abandoned wells
- Locate septic system on property if applicable
- Advise owner of county regulations on septic systems
- Locate property boundaries
- Discuss easement, surveys and possible encroachments
- Inform owner of title issues if any
- Provide legal description and property identification numbers
- Locate and deliver abstract, if applicable, to title company
- Explain the Estimate of Proceeds—Seller’s net equity
- Assist with the mortgage pre-approval process to purchase a new home
- Explain FHA, VA, Conventional financing or possible seller paid closing costs for buyer
- Establish a fair market price for property
- Educate seller on how pricing is established
- Educate seller on competitive properties currently on the market
- Educate seller on recent sales statistics
- Educate seller on best terms
- Explain and determine state deed tax and miscellaneous fees
- Arrange professional photo and virtual tour shoots of property
- Explain purchase agreement and negotiation process
- Identify local schools, police, fire, parks, bus routes, etc.
- Obtain utility cost budgets for gas and electricity
- Explain listing forms
- Fill out listing input information with seller
- Input information into Multiple Listing Service which then is sent to all broker reciprocity sites such as coldwellbankerhomes.com, coldwellbanker.com, thenancywalkerteam.com, realtor.com, trulia.com, google.com, and startribune.com.
- Explain AHS Coldwell Banker Home Protection Plan
- Obtain and pass on current interest rates
- Process listing file to Office Administrator
- Provide listing papers to sellers
- Create colored brochures
- Provide feature sheets for brochure boxes
- Arrange yard sign installation
- Hang appropriate riders
- Install directional signs if applicable
- Install lock box and explain how it works
- Give seller lock box combination if applicable
- Explain how showings are set up
- Highlight your home during office sales meetings
- Network with agents to provide extra exposure
- Schedule Broker Tour for new listing
- Write colorful, descriptive ads
- Mail Just Listed postcards to 100 neighboring homes
- Proof ads for correct information
- Advertise through Coldwell Banker Realty’s intranet to Coldwell Banker Realty offices
- Advertise through Coldwell Bankers Realty’s Distinctive Homes Brochure, if applicable
- Provide a display book to be left in the home for showings
- Alert agents to possible price reductions or improvements
- Provide lender information sheets
- Return all inquiries by phone in a timely manner
- Check MLS data as it appears in the computer
- Report feedback from broker tour
- Send out weekly activity report from the Minneapolis Area Association or Realtors
- Set up neighborhood search to keep updated on listing activity
- Schedule open houses if the seller desires
- Write and proof online ad for open house
- Report open house and private showing feedback to Seller
- Record showing information instructions from sellers
- Provide showing agent with instructions and lock box information
- Record all showings and showing agent’s feedback
- Advise seller to remove or lock up valuable items
- Show property to interested buyers we are working with
- Respond to inquiries from other realtors in a timely manner
- Establish and explain an acceptable earnest money deposit
- Write all possible offers
- Notify agents whose buyers have shown interest in the past as to any written offers
- Present and negotiate all offers in a timely manner
- Inform and educate seller during negotiation process
- Explain arbitration procedures
- Explain process of contingencies
- Explain lender required work orders
- Explain all counter offers
- Explain earnest money trust account
- Explain multiple offer situations
- Review agency disclosures at time of offer
- Provide buyer with all disclosures and city inspection report, if applicable
- Review legalities of all purchase agreements
- Explain process and ramifications of inspections
- Explain process and ramifications of appraisals
- Explain loan lock
- Negotiate personal property inclusions and exclusions
- Negotiate acceptable closing date
- Negotiate possible move-in agreement or rent-back agreement
- Prepare and explain addendums and amendments to purchase agreement
- Make sure ALL paperwork is included in purchase agreement
- Provide all signed documents to respective parties
- Provide buyers with reputable loan officer’s names
- Ensure a pre-approval letter is included in all offers
- Hang SOLD sign
- Turn all copies of contract to Office Administrator
- Send congratulations to seller
- Coordinate inspection and appraisal and report results
- Assist appraiser with comparables, if needed
- Update seller on buyer’s loan process
- Inform seller of buyer’s approved status
- Re-negotiate sale, if necessary, due to low appraisal, work orders, seller cost increase, points change, lost locks, interest rate changes or other possible issues
- Provide buyer or buyers insurance agent with additional home information
- Create new options, if necessary, to keep contract together
- Explore all options for financing, if needed
- Attempt to resolve title issues if they occur
- Send client closing information letter including utility activation or de-activation
- Schedule closing time with the buyer, seller, and other agent
- Schedule a final walk through for the buyer
- Provide septic certification, if required
- Provide water test results, if required
- Help compile and explain the closing
- Review all costs with the seller prior to closing
- Prepare all our clients for closing
- Get a CD (Closing Disclosure) settlement statement prior to closing
- Make sure the buyer has a paid receipt for home owners insurance
- Process AHS Coldwell Banker Home Protection Plan, if applicable
- Provide closing gift
- Process closed file
- Provide closing statements for clients mid January after closing for tax purposes
- Place new address in past clients file
- Help clients resolve any future issues after closing
- Exchange client’s names and numbers if applicable to both parties at closing
- Contractor referrals available for all your needs
- Maintain a high quality website for clients to use
- Send a personal monthly newsletter from Realty Times
- Always be willing to talk about any issues relating to real estate
- Always be willing to accept criticism and suggestions to improve our business
- Always be willing to give references, if desired
- KEEP YOUR REFERRALS AS HAPPY AS ALL OUR PAST CLIENTS