The knowledge and help of a REALTOR® can make all the difference! You
should also understand what’s involved in having a REALTOR® represent you
as your own agent. It’s your choice.
In Tennessee, a REALTOR® does not become your representative or
agent until you have signed a Buyer Representation Agreement with that
REALTOR® – an actual contract for representation – spelling out how you will work together. All licensed professionals are real estate agents. The difference is a REALTOR® is a member of the National Association of REALTOR® and the
Knowing your credit score prior to meeting with an agent will help the agent determine what level assistance to provide. A good agent will have processes in place to assist you if your credit is not perfect. If an agent tell to come back once you've fixed your credit that should be the last time they see you. Find a realtor that's willing to work with you through the entire process.
CHANGE YOUR MARITAL STATUS
How you hold title is affected by your marital status. Be sure to make both your lender and the title
company aware of any changes in your marital status so that documents can be prepared correct.
CHANGE JOBS
A job change may result in your loan being denied, particularly if you are taking a lower-paying position or
moving into a different field. Don’t think you’re safe because you’ve received approval earlier in the process,
as the lender may call your employer to re-verify your employment just prior to funding the loan.
SWITCH BANKS OR MOVE YOUR MONEY TO ANOTHER INSTITUTION
After the lender has verified your funds at one or more institutions, the money should remain there until
needed for the purchase.
PAYING OFF EXISTING ACCOUNTS UNLESS YOUR LENDER REQUESTS IT
If your Loan Officer advises you to pay off certain bills in order to qualify for the loan, follow that advice.
Otherwise, leave your accounts as they are until your escrow closes.
MAKE ANY LARGE PURCHASES
A major purchase that requires a withdrawal from your verified funds or increases your debt can result in
your not qualifying for the loan. A lender may check your credit or re-verify funds at the last minute, so
avoid purchases that could impact your loan approval.
Your realtor will assemble your team and track the process from start to finish. Your realtor should monitor deadlines and schedule appointments in order to close on time. Other members on your team include but not limited to:
Your realtor should give you at least two to three to chose from.
During the search process your realtor will:
The knowledge and help of a REALTOR® can make all the difference! You
should also understand what’s involved in having a REALTOR® represent you
as your own agent.
In Tennessee, a REALTOR® becomes your representative or agent when you
have signed a Listing Agreement with that REALTOR® – an actual
contract for representation – spelling out how you will work together to market your property successfully.
Once you have signed a Listing Agreement, this contract obligates your agent to be your loyal advocate and to promote
your best interests above all others in the negotiation and closing of a successful sale. As your agent, the REALTOR® will
obey your lawful instructions and cannot suggest to a buyer or buyer’s agent any price for your property that you have
not authorized.
Schedule an agent pre-sale home tour.
The agent will be able to give you a good indication of the trouble areas that will stand out to potential buyers.
Organize and clean.
Pare down clutter and pack up your least-used items. Store items off-site or in boxes neatly arranged in the garage or basement. Clean the windows, carpets, walls, lighting fixtures, and baseboards to make the house shine.
Get replacement estimates.
Do you have big-ticket items that will need to be replaced soon? Find out how much it will cost to repair an older roof or replace worn carpeting, even if you don’t plan to do so. It'll be handy when negotiations begin.
Spruce up the curb appeal.
Walk out to the front of your home, close your eyes, and pretend you’re a prospective buyer seeing the property for the first time. As you approach the front door, what is your impression of the property? Do the lawn and bushes look neatly manicured? Is the address clearly visible? What do you see framing the entrance, if anything?
Remove clutter. Clear off counters and pack unnecessary decorative items. Put extra furniture in storage, and remove out-of-season items. Don’t forget to clean out the garage, too.
Let it shine. Cleaning windows and screens will help bring more light into your home. Replace burnt bulbs, and consider higher wattage in low-light areas. Clean the walls or brush on a fresh coat of bright, neutral paint. Replace heavy curtains with sheer ones and show off your view.
Keep it clean. A deep clean before listing your home will make upkeep easier. Consider hiring a cleaning service to help
Maximize comfort.In summer, shut A/C vents on the first floor so more air will get upstairs. Reverse the process in winter.. Perform a sniff test.Clean carpeting and drapes to eliminate odors. Open the windows to air out the house. Consider potpourri or scented candles and diffusers
¨Take care of minor repairs. Sticky doors, torn screens, cracked caulking, or a dripping faucet may seem trivial, but they’ll give buyers the impression that the house isn’t well-maintained.
In Addition Make the bath is luxurious , Send the pets to the neighbors , Lock up valuables, weapons and medication .
Finally Head out. It can be awkward for everyone if you’re home at the time of a showing.
Before your home goes to market your realtor will:
While your home is on the market your realtor will:
During the closing process your realtor will: