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The Sales Process

.  Establish a Listing Price

Pricing is the most important factor in today's market.  You do not want your home to be either under-priced or over-priced, but in the 'fair market' range.

After an initial walk-through of your property, we will prepare a comparable market analysis.  This includes all recent activity in your area which includes recent sales, currently available, recently reduced and expired and pending properties that are similar to your target property.  At this time, we will also discuss current market conditions that may affect price or market time of your home.

The Listing Agreement

After establishing a listing price, we will explain the listing agreement, timelines and our agency relationship.  We will also explain how the commission is paid and distributed.  Other details such as disclosures will be discussed and filled out.

The Sales Contract

When it comes to selling your property, it is important to have a capable negotiator on your side.  Our experience will be available to you at all times.

When an offer to purchase comes in, we will discuss what our approach and strategy should be taken with each circumstance.  Price is not the only negotiable item.  Terms such as the mortgage amount and closing date are important issues to consider.  We will also evaluate the qualifications of the buyer making an offer on your property and request any additional documentation that will help you in your decision.

The Sale to the Closing

Our job is not done after we negotiate price and terms and you sign the contract.  We must then monitor the status of all the contract contingincies.  This includes setting up and attending the inspections and communicating any issues that may arise.  We will also monitor the buyer's loan process and communicate, when necessary, with your attorney to make sure the process is a smooth one.

Before the actual closing, we will accompany the buyer for a final walk-through and advise you if there are any items that need to be discussed with your attorney before the closing.

We will attend the closing and be available to provide any additional assistance you may need.

Gecan Realty Group, Inc. - Nick Gecan - Chicago, Illinois
Nick Gecan
Telephone 773.919.1447
Contact Contact Nick
Gecan Realty Group, Inc.
Equal Housing Opportunity REALTOR®
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