The Madrona Group + John L Scott

Home Sellers Roadmap to a Successful Closing

The 12 Steps to A Successful Home Sale Closing

Meet with a Real Estate Professional: There’s no commitment required on your part for the initial meeting. It will be educational and help you identify your next steps.
Establish a Price: Your agent will provide a market analysis, which will help you set an asking price.
Strategic Price: As difficult as it may be, it’s important to review the market analysis and consider your home price objectively.
Prepare Your Home: View your home through the eyes of the buyer and ask yourself what you’d expect. Your agent will offer some useful suggestions, to get improve your homes curb appeal.
List It For Sale: When everything is in place your agent will put your home on the open market. It’s critical you make it as easy as possible for potential buyers to view your home.
Showings: Potential buyers may ask to see your home on short notice. It’s best if you can accommodate these requests, you never want to miss a potential sale.
Offers and Negotiation: If everything goes well, a buyer and (most often the agent who represents them) will present your agent with an offer.
Choosing an Offer: Your agent will present the benefits and risks of each offer. You will have the opportunity to either accept or counter any offer based on its merits.
Under Contract: At this point, you and the buyer have agreed to all of the terms of the offer and both parties have signed the agreements.
Final Details: While under contract, the buyer will work with their mortgage provider to finalize the loan and perform other due diligence.
Inspection: The buyer will usually perform a physical inspection of the home. They may even ask you to make certain repairs, and your agent will help you negotiate your home inspection. Your agent will explain all of your options regarding the inspection.
Closing: This is the transfer of funds and ownership. Depending on when the buyer moves into the home you will need to be all packed up and ready to move.

We hope this roadmap for a successful closing will be helpful for you during your home selling experience.

About the Author

Jason Fox

"The best way to find yourself is to lose yourself in the service of others." ~ Gandhi [ Recognized as a top 3.5% agent in the United States. ] [ Jason Fox was born in Everett, WA currently lives in the Meadowdale neighborhood in Lynnwood and has lived in different parts of the Puget Sound area in between. He has been in the real estate industry for 20 years in many different capacities. From General Manager of a real estate CRM engagement business, Founder of 2 real estate marketing agencies, nationally recognized blogger with the Jason Fox Real Estate Marketing Blog, Marketing Manager for a top title and escrow service. ] [ Jason is now an award winning residential real estate sales agent, Co-Founder of The Madrona Group, Co-Owner of John L. Scott Ballard and John L. Scott Westwood. ] [ Active in the community, Jason is a proud part of the Autism Speaks effort to raise awareness for autism. This project is very dear to him as he has an 8 year old son, Hudson, diagnosed ASD. Jason is also involved with Neighbor's in Need, the Forgotten Children's Fund, WELD Seattle and the Union Gospel Mission assisting the homeless population in the greater Seattle area. ] [ "My passion is being able to give back to the community that has given so much to me." ] [ When he is not assisting his friends and family with the services of home ownership he loves being a dad to his 4 children, Carter, Rowen, Tyler and Hudson and being a husband to his amazing wife Sarah. Hiking, working around the house, cheering for the Seahawk's, Mariners and Huskies and golfing. ]