Managing the Transaction
Transaction Coordination
I hire a professional Transaction Coordinator, at no cost to you,
for each of my listings. My Transaction Coordinator is an
expert in the field, a licensed Realtor® and ensures that all
required documentation is in place at every step of the way.
From the initial listing agreement and agency disclosures, to the
final offer and counter offers, property inspections and mandated
government forms, there can be over 25 different required forms
associated with a transaction. Each one must be used for the
correct purpose and must be signed and/or acknowledged
properly.
Buyer
Qualification
Many transactions are not completed because the buyers are not
qualified properly. If your home goes “Pending”
from an unqualified buyer, this effectively takes your home off the
market during that time. Realtors generally do not show their
clients properties that are in a pending status. This can
have a dramatic effect on the time it takes to sell your home AND
the sales price of your home!
Offer
Negotiation
Many times, offers are made with a number of contingencies.
If satisfying a contingency is directly under your control or the
control of the buyer, it may not introduce risk to the
transaction. When the contingency is out of the control of
the buyer there may significant risk to accepting the offer.
An example of this type of contingency is when the buyer’s
purchase of your home is contingent upon selling their existing
home. Again, having your home in a “Pending”
status in this situation can have a dramatic effect on the time
required to sell and sales price of your
home.
Inspections
and Repairs
I contract with the best property inspection and disclosure company
in the business—Property ID (www.propertyid.com/company_info.html).
This company ensures that all government-mandated inspections and
disclosures are performed on your behalf. This significantly
reduces the risk of downstream problems with the buyer after the
transaction is completed.
Timeline
Management
The timing of the sale of your home can be the most important
aspect of the transaction! Your ability to purchase your new
home may be dependent upon the sale of your existing home. If
you are already in escrow on your new home, appropriate timing and
“project management” in the sale of your existing home
is crucial. I facilitate a highly professional, expertly
executed transaction. I implement actions and perform
negotiations that mitigate the risk of escrow not closing on
time. I also ensure that all government disclosures are
performed. This ensures that the escrow on your property will
close when you want it to!
Rowland Fellows,
Broker Associate
rowland@rowlandfellows.com
Phone: (916) 792-2368 -- Fax: (916) 404-4197
NorCal Partners -- 112 Feather Falls Circle -- Citrus Heights,
California 95610
If your property is currently listed, please do not consider this
to be a solicitation.
NorCal Partners and its agents are licensed by the Department of
Real Estate, State of California. This website is not intended to
be a solicitation for the purchase, sales or lease of real property
outside the State of California. Information contained herein has
not been verified by NorCal Partners or its agents. Interested
parties should independently verify this
information.