You should select a professional real estate agent to represent your needs. Once you establish a working relationship with your agent, your home is put on the market and marketed to potential buyers. Once a buyer makes an offer on your home you have three options: accept the offer, counter the offer, or reject the offer. After you accept an offer you can expect to do the following:
- Earnest money deposited into the listing brokers trust account.
- Buyer or Buyers Agent orders inspections, receives clearances and approves final reports and/or repairs to the property as required by the terms of the purchase and sale agreement (responsibility for inspection procedures may vary).
- Seller submits documents and information to the Title Company, such as:
- account info for lien holders, if any,
- homeowner association info, if any,
- home warranty contracts, if any,
- any leases and/or rental agreements.
- Completion of appraisal by Buyers lender, if applicable.
- Seller will execute all required escrow documents with the Title Company.
- Buyer and Seller fulfill any remaining conditions specified in the contract.
- Buyer and Seller approve any final changes by signing amendments to the contract.
Note: The above is general information only. Your situation may differ. Please consult your real estate professional for details about your specific situation.