When selling
real estate, every owner wants the same thing - the best possible
price with the least amount of hassle and aggravation. Doing business
in today's real estate world requires experience and training in
such fields as real estate marketing, financing, negotiation and
closing - all available from your CENTURY 21 ® Sales Associate.
After viewing
your property, your Sales Associate will outline the services provided
by CENTURY 21 of the Caribbean, present a marketing plan, review the listing agreement
and, after doing a market analysis, recommend a listing price. Ideally,
you want to be sure that your property is competitive with others
for sale in the same or similar area. CENTURY 21 ® Sales Associates,
who see numerous properties for sale, will provide guidance concerning
the best listing price that is consistent with existing market conditions.
Upon agreement on price and signing of the listing agreement, marketing
of the property for sale begins.
Today, our
world is a global village. For home sellers, that means that your
next buyer could be anyone from around the corner to around the
world.
Therefore we
the Marketing of a real estate property can include:
- introduction
of the property to qualified buyers,
- networking
with other agents and real estate companies,
- placement
of a "For Sale" sign,
- newspaper
advertising,
- placement
of the listing on websites,
Century21.com
has the highest traffic of any real estate sales organization Web
site, with 5.25 Million user sessions per month, showing over 225,000
online listings and office search capabilities
- open houses,
- making your
property available to the CENTURY 21 Global Referral NetworkSM
Century 21
Real Estate LLC is one of the largest real estate referral
network in the world with over 7,800 offices in 42 countries and
territories, there are over 143,000 agents of change - connecting
potential buyers and sellers around the globe.
In Marketing
the property it is necessary to look at the property through the
eyes of a prospective buyer and determine what needs to be cleaned,
painted, repaired and tossed out. Before being placed on the market,
properties must be in "show" condition. Your Sales Associate
will explain what is required to produce the best results.
Your Sales
Associate will make viewing appointments to show your property to
prospective buyers. Interested buyers are required to complete and
sign an "Offer to Purchase", which outlines the offer
price, terms and financing needed to complete the purchase. Offers
are presented by your Sales Associate, who will explain the offer
details, negotiate on your behalf and offer options to close the
deal and meet your objectives.
Upon acceptance
of the offer, you will instruct your attorney to prepare a Sales
Agreement, which is signed by both you and the buyer. At the signing
of the Sales Agreement, the buyer pays a deposit (usually 10% of
the purchase price).
There is no
agreement between the purchaser and the vendor until the Agreement
for Sale is signed and deposit paid.
Having completed the Sales Agreement, the process to transfer the
property title and payment of government transfer taxes and stamp
duty is undertaken by the attorneys representing both parties.
The balance
of the purchase price is due at the closing of the sale. The costs
of selling a property include:
- Real Estate Sales Commission (approximately 6% on Residential and Commercial
property and 10% on raw land)
- • Attorneys fees (approximately 1-2% of purchase price, or as negotiated)
For more information,
contact us and tell us what you are looking for:
yourfriends@century21tci.com
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