(+) Things I Do For A Buyer (Part 3)
The sale process includes many pitfalls
which could be very costly to a buyer (or seller) if they don't have an
agent looking out for their best interest and paying careful attention
to the transaction.
- Review a copy of the settlement
statement prior to settlement to make sure everything is correct.
- Inform the buyer of how much money
they will need to bring to settlement (in the form of a certified check).
- Arrange and attend a final walk-through
of the property to make sure the seller has done everything required
under the contract and that no new damage has been done to the property.
- If any provision of the contract
has not been met, discuss with the buyer all their options and work
towards the solution most acceptable to the buyer.
- Remind buyer to switch utilities
over into their name as of the date of settlement.
- Assist the buyer in finding contractors
for anything they may want to do to the property after settlement.
- Attend the settlement or if for
any reason I can't, make sure a qualified agent is present.
- Make sure that any issues that
come up at settlement are settled to the buyer's best possible advantage.
- Request that money be escrowed
by the seller for any unfinished repairs or other unresolved contract
issues that may subject the buyer to an additional expense.
- Ensure that any issues left unresolved
at settlement are addressed in a timely manner.
- The Sale
Things I Do For A Seller
Questions Every Buyer & Seller Should Know