For Sellers:
1. Meet with Joshua (Novy Knows Chicago) Listing Appointment
- Walk through sellers home
- Give Seller an overview of market conditions
- Present CMA Results to Seller. This will include Comparables, Current Listings and Solds
- Discuss Goals with Seller
- Explain Multiple Listing Service and other websites
- Present and discuss master marketing plan.
- Review and explain Listing Contract and obtain seller’s signature
2. After a signed agreement is in place
- Measure and review floor plans
- Confirm lot size
- Prepare showing instructions based on seller time frame
- Verify Association Fees if this applies
- Order a copy of Homeowner Association bylaws if this applies
- Calculate average utility from the last 12 months of bills
- Obtain an extra set of keys for showings
- Arrange for installation of signage
- Assist seller with Seller’s Disclosure forms
- Schedule photoshoot and Virtual tour
3. Advertise the listing
- Write, Proofread and Enter into MLS Listing Database
- Confirm listing is now on Trulia, Zillow and Realtor.com
- Create print and Internet ads from seller’s input
- Prepare mailing and contact list
- Upload listing to broker and office website
- Create Facebook, Twitter, Instagram LinkedIn and Craigslist ads (Posted Daily)
- Create and mail “Just Listed” email to past clients and contact base (over 10k addresses)
- Mail Out “Just Listed” notice to neighborhood residents
- Add as “Featured Property” to our emailed monthly newsletter (over 10k addresses)
- Price changes or updates will promptly be conveyed to all internet groups
- Schedule showings with Realtors and any internet leads
- Discuss any and all feedback along with internet traffic (weekly or requested)
- Constant communication with Seller regarding listing
4. Offer and Contract
- Receive and review ALL Purchase Offers submitted by buyers or their agents
- Review each offer with seller. Explain pros and cons of offer
- Contact buyer’s agent to inquire of buyers’ qualifications and discuss offer
- Deliver Seller’s Disclosure to buyer’s agent if not already available
- Call buyer’s Loan Officer to confirm buyer is pre-qualified
- Obtain pre-qualified letter if not already provided
- Negotiate all offers on seller’s behalf
- Set time limit for loan approval and Home Inspection
- Prepare and submit any counteroffers or acceptance
- Deliver complete contract to Seller’s attorney
- Record and promptly deposit buyer’s earnest money in office escrow account
- Change status in MLS and Internet to “Sale Pending”
- Follow loan processing through underwriter (weekly check-in with Lender)
5. Home Inspection/Appraisal
- a. Coordinate buyer’s inspection
- Review inspector’s report
- Send full inspection report to seller’s attorney
- Schedule Appraisal
- Provide comparable sales to Appraiser
- Follow- Up on Appraisal
- Assist seller in any questions about appraisal
6.Closing Duties
- Coordinate closings process with buyer’s agent and lender
- Confirm both sides have all forms and information to close sale
- Confirm closing date and confirm closing location
- Schedule Final Walk-Thru with buyer’s agent prior to closing
- Request final closing figures from seller’s attorney
- Review all closing documents carefully
- Submit earnest money deposit check from escrow account
- Change MLS Status to “Sold” along with all internet marketing
- Attend closing with seller
7. After Closing
- Answer any additional questions sell might have