SELLING PROCESS
If you're getting set to sell your Grande Prairie home, having a good understanding of the selling process will better prepare you for what to expect as you and your real estate agent list and negotiate the sale of your property.
CONTACTING A REAL ESTATE AGENT
Are you planning to sell your Grande Prairie home? The first step is to contact Mike Levesque's Real Estate Team by way of phone, email or website. The easiest option is to click on the ‘FREE HOME EVAULATION’ tab and enter the required information about your property.
THE 1ST MEETING WITH MIKE LEVESQUE
Sellers often want a thorough price evaluation of their real estate before listing. In these cases, the first meeting will take place at the property and Mike Levesque will assess what it is that the seller wants or requires from the sale of their property, and how we intend to sell the property for the best possible price. We will also fully explain the process and talk about any obstacles or hurdles that we may come across when selling the property. When listing your property for sale with Mike’s Real Estate Team you will get your home advertised on more than 50 websites, the 24/7 RE/MAX Grande Prairie TV channel, and printed in the Homes & Land Magazine. I take great pride in the service we provide and strongly believe that by interviewing me to be your Realtor, you’ll quickly understand why I am one of Grande Prairie’s top producing Realtors, year after year.
FREE MARKET EVALUATION
Before we list your home for sale, one of the most important aspects of our job is to provide sellers with a detailed market evaluation. After going through the numbers and evaluating the property, we will sit down with the owner(s) to go through the data and discuss a few options with regards to pricing their property and make sure they have a thorough understanding of the pros and cons of each option.
LISTING THE GRANDE PRAIRIE PROPERTY
As soon as the seller has decided upon a price, our team will start by taking photos of the home and preparing the paperwork required to officially list the home on MLS, along with advertising the property through all the appropriate avenues. Once these major steps are taken care of, we will begin our tireless process of searching for an appropriate buyer for your Grande Prairie home.
RECEIVING AN OFFER
Once an interested buyer writes an offer to purchase the home, we will go through the offer with you and discuss the pros and cons of the offer. We will then apply our understanding of what it is that you want and need from the sale of your property, as well as the real estate market itself, and assist you in negotiating the highest possible price for your Grande Prairie property.
CONDITIONAL OFFER
When the buyers and sellers agree on an offer, one of the following two processes will take place.UNCONDITIONAL OFFER
When the buyers and sellers agree on an offer, one of the following two processes will take place.
PAPERWORK FOR CONDITIONAL DEALS
Once the seller has accepted the offer, the deal becomes conditional and paperwork is sent to everyone involved in the sale, including real estate offices, mortgage brokers, and financial advisors.PAPERWORK FOR UNCONDITIONAL DEALS--PROPERTY SOLD
If the seller accepts an unconditional offer, the paperwork is immediately sent to everyone who is involved in the sale, including real estate offices, mortgage brokers, financial advisors, and lawyers.
DEPOSIT
Up to 48 hours after a conditional offer is accepted, the buyer must submit the deposit to their real estate agent's brokerage. If a deposit is made on an unconditional offer, it is non-refundable.MAKING A DEPOSIT
Up to 48 hours after your unconditional offer is accepted, you must make your deposit to RE/MAX Grande Prairie. When a deposit is made on an unconditional offer, it cannot be refunded.
DUE DILIGENCE
Offers are often made conditional to home inspections, financing, condo document review, water well reports, and potentially having to sell the buyer's home. The Mike Levesque Real Estate Team will guide you through each step of the process by helping you retrieve necessary documents that are requested by the buyer, such as Real Property Reports (RPR), water well reports, and condo documents. We can also assist you in finding a Grande Prairie real estate lawyer.
CONDITION(S) DEADLINES
If a buyer's conditions have all been met by their deadlines, the conditions are removed and the property is officially sold. If a buyer's conditions have NOT been met by these deadlines, the deal is dead and the buyer's deposit is returned.
MEETING WITH A LAWYER
Sellers must arrange to meet with a residential real estate lawyer. You should plan to meet with your lawyer up to two weeks before the sale closes, in order to sign all related paperwork.
POSSESSION DAY
The Mike Levesque Real Estate Team will contact the lawyer’s office and obtain permission to give the buyer the keys to their new Grande Prairie home. We will notify the seller once the money has transferred and inform them that the new home owner has taken possession. Prior to this, we ask the seller to provide us with all additional keys to the home, garage door openers, mail box key/location info, and any other items pertaining to the home.
