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Welcome to Reavans Real Estate & Investments 
     As a buyer or a seller, you want your real estate transactions to go smoothly. That means finding the exact home you're looking for, or selling your home promptly. It means not having to worry, even if you're new to the real estate arena. 
 
     You need an experienced professional. I will put my knowledge and experience to work to help you make your move pleasant one. Make your choice wisely. The agent you choose will help you make many important decisions. No one will work harder or more professionally. 
 
Home Buyer's 
Step by Step 

  • Choose & Meet Your Realtor 
    Building a solid relationship with a realtor is important. He or she will be working closely with you in finding the perfect home to meet your unique needs. Professional realtors have extensive market knowledge and will provide guidance in your buying process. 

  • Finding the Perfect Home 
    Your realtor will show you homes based on the criteria that you have given him. The more precise and direct you are with your realtor, the more successful your search will be. 

  • Determine the Seller's Motivation 
    Once you have found your perfect property, your realtor will research the homeowner’s motivation for selling, helping leverage your negotiating power in an offer to purchase. 

  • Offer to Purchase 
    Your realtor will draft a purchase agreement, advising you on customary practices, local regulations, and protective contingencies. You will need to provide an “earnest money” deposit at this time, usually ranging from 1% to 3% of the purchase price (deposit amount is not cashed until your offer is accepted by the seller). 
    Your realtor will present your offer to the seller’s realtor. The seller will then either accept your offer, counter your offer or reject your offer.
     

  • Seller's Response 
    You and your realtor will review the seller’s response. Your realtor’s knowledge of the process and strong negotiating skills will help you reach an agreement you feel good about. 

  • Open Escrow 
    Your realtor will open escrow for you once the purchase agreement is accepted and signed by all parties. Your “earnest money” will be deposited at this time. All funds associated with your transaction, either held, received, or distributed, will be handled by your escrow or title company. 

  • Contingency Period 
    This time period is determined by your purchase agreement and is used to obtain and perform the following items:
     
    *Physical Inspection of Property 
    *Property Pest Inspection 
    *Property Appraisal 
    *Secure a Lender 
    *Obtain Loan Approval 
    *Approval of Seller's Transfer Disclosure Statement*Preliminary Report Approval From Title Company 
    *Satisfy Purchase Contingencies 

  • Homeowner's Insurance 
    Your realtor will work with your escrow officer and insurance agent to ensure your policy is in effect by the close of escrow. 

  • Down Payment Funds 
    Prior to the closing date of escrow, you will need a cashier’s check or wire transfer. 

  • Close Escrow 
    You will sign all loan documents and closing papers when all condi¬tions of the purchase agreement have been met.After you deposit the balance of your down payment and closing costs to the escrow officer, your lender will deposit the  balance of the purchase price. The County Recorder’s office will record the deed, and you will take ownership of your home. 
     
    Home Seller's 
    Guide to Listing 

  • Pricing Your Home Right 
    Your agent can research comparable sales in your area and advise you of the appropriate price range for your property. 

  • Be Flexible on Financing Terms 
    Have your agent explain what financing options are available.  Flexibility on financing terms may secure a better selling price. 

  • Time It Right 
    Ask a real estate professional to determine whether the market cycle is poised to net you the most money. 

  • Make Your Property Accessible to Buyers 
    Lock boxes are a great way to make your home most accessible to agents for showing.Appointment-only showings are the most restrictive.If your lifestyle is not compatible with frequent showings, your agent will help you determine a solution to suit your needs.Remember, the easier a home is to show, the better the odds are of getting the deal you want. 

  • Use The Latest Marketing Technology 
    Make sure your agent utilizes the latest technology, such as Internet sites that cater to homebuyers. In some areas, cable access advertising is popular. Others use 800-number interactive voice response systems.A good agent will know where you can get the best exposure. 

  • Stage Your Property correctly 
    Put some items in storage, create more light, play music or otherwise  
    improve the ambience. Your agent can offer helpful advice to create  
    the right first impression 
    .
     

  • Remember That Selling Property Is Not Seasonal 
    Don’t base selling decisions on the seasons. Property sells year round. 

  • Re-evaluate The Marketing Plan 
    Re-evaluate your agent’s marketing plan every 10 days. Make needed adjustments based on the current market and buyers. 

  • Analyze Why You Aren’t Getting Offers 
    Eighty percent of all buyer activity comes from the signs and MLS listings.So, if you aren’t getting any offers and are flexible with showing your home, it may be time to re-evaluate your price, not necessarily your agent. 

  • First impressions Are Golden 
    Sales have been blown by unkept lawns, cluttered closets, unpainted front doors, hard-to-work locks, blown light bulbs, bad colors, stains, unlit areas and foul smells. Spend time on the little things. Double up on your garden¬ing. Keep things cleaner than usual. Take serious control of your pets during this time period. 

  • Make The Right Kind Of Repairs 
    Before making improvements prior to listing, consult a real estate  
    professional. Some upgrades will not yield any real increase in value, while others may increase property value substantially. Ask for low cost solutions to minor repairs that will yield the best profits.
     

  • Give The Sales Process Enough Time 
    Homes may take 3-6 months to sell in any market. Estimate how much time you have before you need to sell and then plan ahead to allow extra time. You don’t want to be forced to accept a disappointing offer. 

  • Screen Prospects Adequately 
    One of the best reasons for hiring a realtor is his/her ability to pre-qualify a prospect financially so that you don’t lose valuable negotiation time. Your agent may discover when a prospect has an ulterior motive for shopping homes, other than purchasing. 

  • Believe That You Can Make A Difference 
    The top agents in the industry report that their sellers are responsible for at least one out of ten sales. You can network your business and personal friends, you can hand out flyers and you can keep the house in move-in condition. Your realtor should be ready to hand you all sorts of assignments to make the team effort successful. 

  • Test The Market 
    Never put your property on the market unless you really want a sale! Get ready for a professional sales push when you list with a great agent. If your plan harbors some indecision, resolve it before you list because success is every great realtor’s objective!



                                                                                                                                                                                                                                     

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