Our Selling Process

Detailed Selling Process

At The Michael Bean Group all of our efforts are focused on pursuing your specific goals.

MARKET ANALYSIS

The first step in selling your home is to establish the appropriate price. Your Michael Bean Group Real Estate Specialist will complete a detailed search of all recent sales in your area as well as research all the properties that will be in direct competition with your house. All current market conditions will be considered and presented to you along with a recommended price range. Your Michael Bean Group Real Estate Specialist's insight in determining a price for your property may keep you from missing an opportunity by undervaluing or wasting time by overpricing.

MAXIMIZING FIRST IMPRESSIONS

Your Michael Bean Group Real Estate Specialist is skilled in recommending repairs or cosmetic work that have been proven to minimize time on the market and maximize both prospect interest and sales price.

ESTABLISHING THE LISTING

Your house will be immediately placed on the Multiple Listing Service so that all Realtors who are searching for a property like yours will have access to all the details. Your Michael Bean Group Real Estate Specialist will take particular care when listing your house to make sure it is attractive to agents and buyers alike, guaranteeing you the greatest number of potential prospects.

A yard sign will be placed on your property with a 24 hour toll-free information number. Buyers calling this number will be given specific information about your property.

A lock box will be placed at your property to allow licensed Agents access to your home so they may show their clients your property. You will be able to establish days and times for access and this information will be programmed into the lock box as well as posted on the Multiple Listing Service.

A customized flyer will be placed in your home, available to all the agents and buyers who tour your home. This flyer may be placed in a box attached to your yard sign as well.

COMPLETE EXPOSURE

In addition to being placed on the multiple listing service and our web site, we will make sure your property is seen on all major real estate web sites.

FOCUSED ADVERTISING

Your Michael Bean Group Real Estate Specialist will use publications in your area as well as design a strategy to focus our efforts on a specific group that may be interested in your property (i.e., first time home buyers, young families, singles, upper income, etc.).

PRE-QUALIFY BUYERS

We can help buyers arrange the necessary financing to purchase your property.

TEAM SERVICE

One agent will be assigned to your listing and oversee all of the important aspects of marketing your property; however, an entire staff of office employees will be aware of your transaction and able to answer your questions and service your listing promptly.

DAILY MAINTENANCE

Your listing will be reviewed daily, your market analysis constantly updated to reflect changes in the market, feedback from agents who show your property will be evaluated, and all this information will be communicated to you on a regular basis.

NEGOTIATING THE SALE

When an offer is submitted on your property, your Bean Group Real Estate Specialist will make sure it includes a loan approval letter as well as a copy of the buyer's good-faith deposit check. The offer will be presented to you promptly and all aspects of the contractual details will be explained. Your Michael Bean Group Real Estate Specialist will assist you in deciding exactly how to respond to the offer. You may choose to reject the offer outright, accept it as is, or write a counter offer.

The experience of your Michael Bean Group Real Estate Specialist will be of tremendous value during this negotiation period. How counter offers are written, and how they are presented to the buyer's agent, may have a significant impact on the outcome of your sale.

The Michael Bean Group has a special understanding of all sides of every deal. Our team endeavors to foresee problems before they occur and take the appropriate steps to make sure we close the deal.

ACCEPTING THE OFFER

If all goes well and an agreement is reached by both parties, your Michael Bean Group Real Estate Specialist will make sure the appropriate paperwork is completed and that escrow is opened.

ESCROW

During the escrow period, your Michael Bean Group Real Estate Specialist will be in continuous contact with all parties involved to make sure your deal closes on time. There are many state mandated disclosures that have to be provided to the buyer, and frequently buyer inspection contingencies which will be coordinated by your Real Estate Specialist.

If you are buying a new home while selling your current one, your Michael Bean Group Real Estate Specialist will be of particular help in coordinating the simultaneous closings of both escrow.

CLOSE OF ESCROW

Your Michael Bean Group Real Estate Specialist will follow your transaction to the close of escrow. He/she will make sure all funds are distributed according to the escrow instructions and the title is properly transferred to the new owner.

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