Groupwatson Seller's Guide

7/25/2019 Groupwatson Seller's Guide

1/14

Sellers

GUIDEwww.GroupWatson.com


2/14


3/14

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


4/14

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.


5/14

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


6/14

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.php


7/14

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


8/14

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.


9/14

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


10/14

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


11/14

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


12/14

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.


13/14

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.


14/14

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.