After the Offer

A Systematic Approach

Negotiating the Contract. We will:

• Ask the right questions when the offer is presented to get an idea of the buyer's sincerity and financial situation.

• Review the contract and your obligations before you sign.

• Estimate your net proceeds based on a specific offer.

• Help you handle the issue of "possession."

• Protect you from signing a "blank check" for unknown problems or repairs.

• Explain how contingencies and release clauses work.

• Explain the ramifications of pest control and general structural reports.

• Explain your legal disclosure requirements and review the Real Estate Transfer Disclosure Statement again with you.

• Explain your responsibilities regarding the condition of the property.

• Verify that the buyers have received all appropriate booklets.

• Orchestrate the offer process to arrange "back-up" offers when possible.

Monitoring and Managing the Escrow:

• Stay in constant communication with the buyer's agent to ensure a smooth escrow.

• Coordinate the details of the transaction with the escrow officer.

• Follow up closely on the progress of the buyer's loan and coordinating the payoff of your existing loan.

• Facilitate the appraisal process.

• Monitor contingency removal dates closely and discuss these with you.

• Advise you regarding specific buyer requests related to structural pest control and general structural inspections.

• Help you if conflicts or impasses with the buyer arise.

• Be present with you at the title company when you sign your escrow instructions.

• Ensure that you receive your check and settlement documents promptly after closing.