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Sellers
GUIDEwww.GroupWatson.com
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Find A Realtor You Can TrustListing Consultation& Market Analysis
Plan for Your Move
Plan of Action
Where Youll Live After the Sale
Pre-Approval & Finances
Prepare Your Home
Complete Minor Repairs
De-Clutter & Stage
Sign Listing Paperwork
Listing Your Home
Photos & Virtual Tour
Measurements & Features
Showing Instructions
On The Market
Listing Entered in MLS
Marketing & Showings Begin
Review Offers and Counter-Offers
Acceptable Price & Terms
Financial Strength of Offer
Inspections
Repair Negotiations
Appraisal
Lender Underwriting
Arrange for Utilities Switch
(at least 3 days prior to Closing)
Money Needed Prior To Listing
Preparation
HOA Resale Disclosures
Repairs
Moving & Storage
Funding & Possession
Congratulations!
Attend Closing
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Access to our invaluable Seller s Guide, 29 Essen alTips That Get Homes Sold Fast (And For Top Dollar) to give your home a Dis nct Advantage over themarket.
Full home Staging consulta on with Lead Lis ngSpecialist, having over 23 years of experience.
For Sale sign with an 800 # speci c to your home for24/7 Call Capture and Text Message responsecapability.
Electronic lockbox to record all who enter the prem-ises, in order to establish security measures whileyour home is on the market.
We will create a professional Virtual Tour, which isshared with the MLS, Realtor.com, Facebook, Zillow,
and other sites for op mal exposure.
Marke ng on the MLS (Mul ple Lis ng Service), withmaximum photo & virtual tour exposure to the con-sumer.
E-cards and Postcards will be delivered to poten albuyers in our database of over 700 people.
Just Listed Postcards are sent to the neighbors andprospec ve buyers, most likely to consider yourhome.
Internet exposure with Enhanced Posi oning ,providing na onal reloca on exposure on such sitesas:
REALTOR.com Zillow.com Trulia.com GroupWatson.com
WeSellDFWhomes.com KW.com ProsperHomesOnline.com FriscoPropertyInfo.com TheColonyConnec on.com Real Estate Compe tor Sites (Ebby, Century 21,Remax, etc.) Craigslist Facebook (via Ad campaigns)
Weekly stats are provided to measure marke nge orts concerning showing feedback, Realtor.cominternet hits & over all market condi ons.
You will be provided with updated Comps every 10 -30 days, depending on the current market condi onsand season, as well as weekly calls from your Group-Watson Lis ng Specialist to discuss strategies in pro-gress.
Your home will be held Open by a professional spe-cializing in home marke ng and sales on a weekly ba-sis, weather and holidays permi ng.
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Tasks and Timeframes
We will go through several steps together while selling your home.Our goal is to do for you, as a part of our commitment to customer service; how-ever, there are some tasks that will require some work from you. Youll need to pre-pare your home for showings while we research the market to determine a strate-gic list price. Homes sell for 3 main reasons location, price, and condition. Wecant change where your house is located, so it is important to present the bestpossible condition and price your listing right. Once listed, we will keep you well-informed about every aspect of the transaction and notify you when there aresteps that require your involvement. The flow chart on the previous page shows theprocess, from step 1 to the new owners taking possession of your SOLD home.
Tasks:
Seller: Prepare Home forExposure to the Public
Realtor: Research Market
Time Frame:
Prior to Listing Your Home
The other first step in selling a home (besideschoosing the right Realtor) is planning for yourmove. Whether moving locally or long dis-tance, you need to secure a new home orapartment and have a plan in mind. If yourebuying your next home, get pre-approved be-fore you list your current home for sale. Wework with several lenders who have proven to
offer exceptional service and competitiverates. Let us know if you would like a list oflenders to choose from.
Three Elements are Crucial to the
Successful Sale of a Home:
Location
Price
Condition
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Paul Graham Produc on Manager - Sales Herring Bank 214 -850 -8411 Cell [email protected]
Kane North Loan O cer Bank of America 469 -642 -4033 O ce [email protected]
Robin Cordry Loan O cer GSB Mortgage 972 -896 -7692 O ce [email protected]
Stephan Akin Loan O cer Starkey Mortgage 214 -987 -9978 [email protected]
Dus n Caughron Mortgage Consultant Wells Fargo Home Mortgage 214 -264 -1747 Cell Dus [email protected]
Recommended Lenders
Robert E. Poe Sr. Vice President Inwood Na onal Bank 214 -351 -7911 O ce [email protected]
https://email09.secureserver.net/search.phphttps://email09.secureserver.net/search.phpmailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]://email09.secureserver.net/search.php7/25/2019 Groupwatson Seller's Guide
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Once a price is set and your home is ready,your house will be listed and showings willbegin. Our team will be aggressively market-ing your house to as many potential buyers aspossible, in order to find the right match.
When a prospective buyer decides theylove your house, their Agent will preparean offer to purchase. We will reviewevery aspect of the offer and discussyour net proceeds, financial strength ofthe buyers, and terms. If there are multi-ple offers, we will determine which offerbest fits your needs. Counter-offers canbe made back to improve terms or pro-ceeds. Once everyone comes toagreement, the final offer will be signedand become an executed contract. Allcontract deadlines begin on this date.
Task:Marketing & Showings
Time Frame:
First day Listed through lastday of Option Period
Task:
Negotiation & ContractExecution
Time Frame:
Varies
For Best Showing Results
Secure all valuables, medications, etc.
Leave on lights and open window coveringsfor ambiance
Leave on a porch light near the lockbox
Keep home at a comfortable temperature
Keep home clean and fresh smelling
Maintain yard and curb appeal
Leave the home for the entire showing time
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Upon acceptance and execution of the purchase con-
tract, the buyers will arrange to have a home inspectionperformed. This inspection appointment is typicallyscheduled early in the option period. The Option Periodgives buyers the ability to terminate the contract and re-ceive a full refund of the Earnest Money, for any reason.
It is important to remember that all homes will require some amount of minorrepairs, no matter the age. Most buyers will focus on structural or mechanicaldefects, as well as any safety or code issues.
Prepare to spend $500-$1500 for minor re-pairs, or more if you know major repairs arelikely. Repair requests can be negotiated,and credits can be offered as alternativesto completing repairs. We will discuss this atthat time, since repairs could potentially af-
fect certain types of buyer financing.
Task:
Buyers Inspection
Time Frame:
Upon Execution ofContract
Task:
Negotiate Repair RequestsSign Repair Amendment
Time Frame:
Repair Completion Should BeNo Later Than 10 Days, Priorto Closing
After the Inspection, a contractamendment will address any repairsor credits agreed upon by both par-ties. Once the option period ends, thefocus will be mostly on the appraisal
and underwriter approval of the buy-ers financing.
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GroupWatson Preferred Contractors Alarm Monitoring House Cleaning
ADT Victor Pizzonia 972 -839 -5893 Le cia s Housekeeping 972 -822 -7075
Appraisal Services Veronica Qunitana 469 -564 -4931
Brad Foster 214 -368 -9900 Sherra Hall 972 -294 -8551
Eric Biscamp 214 -235 -8324 Construc on
A orneys BAMCO Const. Brad Mason 214 -799 -8688
Brian Andrade Family Law 469 -878 -8097 Custom Drapes
Ronda Harris Family Law 972 -665 -9955 Betsey Lucido 214 -734 -3939
John Unell Real Estate Law 972 -516 -4224 Dog Groomer
Richard Anderson Real Estate Law 214 -862 -2990 Chrissy Mouser 972 -740 -0478
Audio Visual Help Electrician
Bill Langford A/V Installa on Pros 972 -974 -2045 Dale Brewer 469 -362 -1177
Blinds Fence Installa on/Repair
Loreen London 972 -365 -6588 Titan Fencing 940 -365 -9999
Carpet Cleaning Texas Best Fence Colby 469 -521 -9113
Doug s Mighty Clean 972 -877 -1839 Floor Installa on/Repair
Chimney Sweep Star Floors Phil 214 -418 -8524
Chimney and Wild Life Specialist 214 -883 -8876 Dust Free Dallas David 214 -532 -7349
The Chimney Sweep 214 -363 -8751 Tile Floors Vincent Balderas 817 -917 -2541
North Texas Chimney & Hearth 972 -294 -8551 CW Custom Floors Coby 214 -208 -3880
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Founda on Repair Carlos Gu errez 469 -324 -7300
Structured Founda on 972 -484 -1200 Crea ve Moving Solu ons 214 -695 -5849
Perma Pier 214 -637 -1444 Painters
MBRGFR Philip Du n 817 -469 -1090 Jaime Vallejo 817 -313 -7727
Garage Doors & Openers Cris Tenant 972 -838 -8975
LoneStar Garage Doors Jason 972 -567 -1799 Pest Control
Glass, Mirror & Windows Colony/Frisco Pest 972 -370 -2222
Precision Windows 972 -562 -8828 Summers Pest Control 972 -415 -9128
Suburban Glass & Mirror 972 -625 -3936 Plumbing Services
Discount Glass Oscar 972 -241 -0989 Captain Ron s 972 -625 -4500
JJ s Windows 972 -479 -1302 L & J Plumbing 214 -618 -0532
Hea ng & Air
Pool Remodeling & Maintenance
DK Hea ng & Air 214 -869 -4620 Foley Custom Pools 972 -423 -7178
The Colony Hea ng & Air 972 -625 -0639 Cool Pool People 214 -724 -4307
Cold Air 972 -679 -4072 Manatron 972 -424 -9248
Handyman & Remodeling Restora on & Clean Up (Fire & Water)
Jose Lara 214 -403 -2962 Servpro 972 -403 -9004
Lantz Construc on & Remodeling 972 -951 -2041 Roo ng
Interior Decorator Len Langman Roo ng 972 -625 -0721
Devdan Interior Design Sarah 469 -400 -6882 Presley Roo ng Shane Harr 214 -926 -8405
Allure Staging & Dcor Felisa 972 -859 -5106 Sprinkler/Irriga on
Landscaping Rainmaker Rick Sanders 214 -741 -3886
Gri n Landscape Greg 972 -898 -2290 Irriga on Services 972 -569 -8480
Ivan s Landscape 972 -824 -6846 Superior Sprinklers 972 -898 -4073
Locksmith Behren s A ordable Sprinkler Kurt 214 -315 -0644
Texas Rekey 972 -282 -9696 Staircase Repair
Mortar Repair Arrowhead Stairs 972 -394 -9009
Stone Master Brian 214 -546 -6985 Structural Engineer
DFW Brick Repair 972 -352 -7631 Cranell, Cranell & Mar n 972 -691 -6633
Moving Servcies Jensen Engineers Mike 972 -994 -9872
Black Tie Movers 844 -920 -2966 Storage
Jerry Sanders 214 -478 -1355 Legacy Storage
Travis Sims 972 -347 -6006
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Task:
Submit RequestedDocuments
Time Frame:
Upon Request
After the option period ends, many steps will be taken be-hind the scenes, while you wait and prepare for yourmove.
The title company will begin researching the deed history,verify taxes, order HOA documents, review the existing sur-vey or order a new survey, and prepare closing paperwork.Their research will discover and clear up any liens, errors inownership records, and verify several important pieces ofinformation.
The buyer(s) will work on final financing approval, and an appraisal will be orderedto report on the value of the property for lending purposes, plus determine that thecondition meets the banks property standards for final loan approval.
The title company, title attorney(s), and bank will work together to prepare the clos-ing disclosure (CD) statement and documents to be signed at closing. During thisperiod, GroupWatson will be monitoring all deadlines in the contract, sending docu-ments to the necessary parties, documenting value to the appraiser, and keepingyou informed.
Once everyone has completed their share of the work, closing will be scheduled.
As you pack up your home, keep the follow-ing items out and accessible:
Survey of current property
Repair records & receipts
Previous appraisals
Closing documents from purchase
Any financial records needed for newmortgage application
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Task:
Schedule All Utility Transfers orDisconnects
Time Frame:
3-5 Days Prior to Closing
Task:
Transfer PossessionTime Frame:
At Funding, or According toTemporary Lease Terms
The closing will take approximately half anhour. The escrow agent will go over alldocumentation with you, explaining thepurpose of each one. Your Agent will at-tend closing with you as well. You will bringa key for title to deliver at the time the buy-ers loan funds. The exception to this
would be if a Sellers Temporary Lease wasincluded in the purchase contract. Thenthe keys would be turned over at the endof the lease term. Leave all other keys, gar-age door openers, accessory remotes, andmanuals in an obvious place inside thehome for the new buyer to find. Scheduleutilities to disconnect or transfer as of theend of your final day of your ownership.
The closing attorney will completethe closing disclosure (CD) settlementstatement approximately 3 days priorto closing. This document breaksdown all costs associated with thesale and shows your total proceeds.You may either wire the funds to youraccount or have the title companyissue you a check. Bring a voidedcheck to closing for wire transfers.
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MOVING TIPS...
Preparation and organization are key in determining whether or not yourmove will be stress-free. Follow the steps below to ensure this will be aSMOOTH MOVE...
3 Weeks Before the Move
Make arrangements to hire a mover or rent a truck. Make babysitting and/or pet care arrangements for moving day. Organize all move -related documents in one place. Create a box key use numbers or letters to label your boxes, as well as the room
name, and then use the key to note the contents for security. Begin packing non -essential and infrequently used items.
2 Weeks Before the Move (once the appraisal is in clear)
File a change of address form at the post office. Change the address on all newspaper and magazine subscriptions. Arrange for transfer of all medical, dental and school records. Transfer medical, fire and auto insurance. Cancel or transfer utilities (water, gas/electric, phone, TV, cable/satellite internet). Check with your provider about cell phone service in your new area. Transfer prescriptions to a pharmacy near your new location. Collect or purchase all packing supplies: boxes, wrapping paper, bubble wrap, la-
bels, markers, box cutters, or scissors and packing tape. Confirm arrangements with movers or truck rental places. Pack up items in garage, attic and storage areas. Transfer bank accounts.
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1 Week Before the Move
Begin packing everything else, labeling each box as you fill it. Empty, defrost and clean refrigerator, freezer and stove. Return all rented movies, library books, video games, etc. Pick up anything outstanding, such as dry cleaning, prescriptions, etc. Donate or discard food items in the pantry, if your move is long distance. Pack tax and income documents only after checking with your lender to ensure
that they wont be needed any longer.
1 Day Before the Move
Do a final check of closets, cabinets and drawers. Make sure you have enough cash on hand for the move.
Take out all trash. Fully-charge all cell phones. Touch base with movers or the truck rental place for final confirmation or arrange-
ments.
The Day of the Move
Exchange contact information with the movers in case you need to get in touchwith them while in-route. Include your old address, cell phone number and direc-tions to the new location.
Keep jewelry, your box key, and other valuables with you in a box that you move
yourself. Prepare a box of supplies that you will need right away on move day, such as:
cleaning supplies, snacks & beverages, toiletries, bath and bedding items, trashbags, disposable dishes, pet food, cell phone chargers, prescriptions, eyeglasses,change of clothing, etc...
Do a final check before locking the doors. Confirm that you have turned off thefurnace/air conditioner, lawn sprinklers, and light switches.
Leave keys, garage door openers and manuals on kitchen counter.