article thumbnail

8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process.

article thumbnail

8 Powerful Questions From First-Time Home Sellers That Lead to Success!

Realty Biz

Once your home is listed, it's essential to stage it properly to make a great first impression on potential buyers. Additionally, you'll need to prepare all necessary documents, such as disclosure forms and title deeds, to ensure a smooth transaction. Do I Need a Realtor to Sell My House as a First-Time Seller?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s Required to Sell a House Without a Realtor?

HomeLight

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. Seller’s Net Sheet. Preliminary title report. The title company or closing agent will generate this document , which calculates your net proceeds.

article thumbnail

How to Sell a House by Owner in California (2023 Updates)

HomeLight

Transfer Disclosure Statement. The main form to know is the Transfer Disclosure Statement (TDS), as it is considered to be one of the “ most important and well-known ” seller disclosures, according to CAR. It’s expected that this form be delivered “as soon as practicable, before transfer of title.”. Closing costs.

article thumbnail

How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. According to Arizona’s disclosure form, “if you do not make the legally required disclosures, you may be subject to civil liability.”. No repairs, no staging, no open houses.

article thumbnail

What You Need to Know About Selling Your House in California

HomeLight

The National Association of Realtors internal data reveals a 1% of the sales price investment into home staging saw an average return on investment of 5% to 15% over the asking price. Stage the home: Making an impression on the buyer is vital to a successful sale. Staging includes things like: Moving or removing furniture.

article thumbnail

Listing Appointment Checklist – 13 Steps To Win Every Listing

Kyle Handy

Is anyone else on the title that will not be present at our meeting? I don’t tell sellers I’m dropping off the pre-listing package until it’s on their doorstep. Also, I believe it feels more substantial to a seller versus e-signatures. Who else will you be meeting with before making your decision to list?