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The Selling Process:

 

Selling a property in the Deep Creek Lake / Garrett County area often brings along many emotional factors and financial considerations.  Each seller’s situation is different and unique. Jon Bell and Debra Savage can help with the selling process and work to make sure that the seller's needs and considerations are at the forefront of the transaction.

 

Finding A REALTOR That Works For You:
The www.DeepCreekRealEstate.com team is made up of experienced and seasoned Deep Creek Lake Real Estate agents with a wealth of local knowledge. They will be there to assist with each and every detail, as well as sales strategies necessary to create a smooth and profitable settlement.

 

Determine Your Property's Market Value:
Your property needs to be accurately priced at a fair market value. Accuratley pricing your property will lead to more buyers viewing the property (online and in person) and to potential offers.  When selling real estate it is important that you have a seasoned and knowledgeable real estate agent, like Jon Bell or Debra Savage working for you, to obtain the best and highest price possible. It is very important to make sure that you have not priced your property “out of the market”. If the property is priced to high it will be overlooked by many potential buyers. Contact us for a Free Comparative Market Analysis of your property.

 

The Listing Documents and Paperwork:

1. The Listing Agreement document is the main body of the contract. This document will cover all aspects of listing your home for sale with a Realtor including a definition of the asking price, term of the agreement and the real estate marketing fee.
2. The Disclosure/Disclaimer Statement is a form that must be filled out by the seller of any property, to disclose pertinent facts, defects or latent details about the property. If the seller has never occupied the property, they are allowed the right to disclaim knowledge. However, all owners must disclose any known latent defects.
3. The Understanding Whom The Real Estate Agent Represents document was created by the National Association of Realtors to explain whom the real estate agent represents in a particular real estate transaction.
4. The Consent for Dual Agency document explains how a dual agency situation may occur when selling a property with a Realtor, and works to make sure that buyers and sellers understand their rights of repersentation.

*Several other documents may be added to the listing agerment by the real estate brokerage where deemed necessary to complete the listing agreement process.

When Your Property Is For Sale:

As they say, you can never have a second chance at a first impression.  Jon Bell and Debra Savage have years of experience leading sellers through the selling process and they will be happy to make recommendations on any needed repairs or improvements that should be considered before a property is viewed by potential buyers.  It is very important to have the entry way, interior and closets spruced up while the home is on the market. The developers of www.DeepCreekRealEstate.com recommend doing a "once over" everyday before heading out the door to make sure that everything is in its place and the property is inviting to all possible prospects.

Negotiating Offers:

Offers come in all styles. Don't be upset if your first offer does not meet your expectations.  Jon Bell and Debra Savage have sold over $100 Million worth of Deep Creek Lake Real Estate and are expert negotiators. The market is the driving force in determing the following offer points.

1. Offer Price
2. Settlement Date
3. Financing Contingencies
4. Earnest Money Deposit Amount
5. Inspection Contingencies
    

Once you get a offer you will find that Jon and Debra are experienced professionals and will offer guidance on how to draft any/all counter offers that may be necessary.  This process is crucial to the success of taking an offer and turning it into a contract.  We at www.DeepCreekRealEstate.com suggest that sellers always obtain the help of a seasoned real estate agent when negotiating offers. 

 

Inspections and Contingencies:

Several unexpected things always happen from the date of offer acceptance until the time of settlement and need to be taken care of in a timely manner. Jon Bell and Debra Savage are not only real estate agents but are also locals the the Deep Creek Lake area. There is very little that they can't help you to accomplish with their list of Railey Realty approved vendors.

 

Before Settlement You Will Need To:

1. Move any furniture or personal items out of the home as determined by the contract agreement.
2. Notify the various utility companies to transfer service to the new owners.
3. Notify your insurance agent that you have sold the property.
4. Notify the local postmaster that you have sold the home.

Due to busy and hectic schedules it is sometimes difficult for a seller to take the day off work to attend settlement. Thanks to modern technology it is not always necessary for the seller of a property to be physically present at the closing table. Most Deep Creek Lake title companies can help sellers complete the closing by mail, fax and/or email.