Once we receive your listing web submission we will
place your listing in the MLS system usually the same business
day! Realtors® may begin to call you the very same day you
are listed in the MLS. This is because the MLS system is instantaneous
and since Realtors® have the ability to store their buyers
criteria in the MLS, they can start calling immediately.
You may set up appointments set up to view your lot or land directly with
Realtors®.
There is no need to call us when setting up appointment times.
There are a few things that you should keep in mind when dealing directly
with real estate agents showing your property. In general, the less you say,
the better. It is sometimes difficult, if not impossible, to keep from offering
opinions or information that you think makes the lot or land more appealing.
However, it is usually hard to guess the factors that are important to each
potential
buyer. Here are some examples of everyday subjects we recommend staying away
from and why.
-
How many children there are in the neighborhood.
Even if the buyer has children, you have no way of knowing
whether they would like a lot of children or none at all in
the area.
-
How great your neighborhood church/synagogue
is. Religion can be a touchy subject no matter who you are
speaking to!
-
How quiet the neighborhood is. They may want
a more social atmosphere.
-
How many showings you have had. If you have
had a lot of showings or no showings at all, buyers may wonder
why no one else is "jumping" at the property.
-
We also suggest not offering reasons why you
are selling. The death of a family member, you need the money,
the property is too small for you, your recent divorce, etc
can all
be interpreted
in many different ways which may
result in the loss of a sale.
Regarding offers, if the buyer is working with a
real estate agent, the agent will write up the offer and deliver
it directly to you. If the buyer is not working with an agent,
either you or the buyer may write up the contract offer. Once listed
with us, you will have complete access to contracts and addendums
in our forms library
Once you have a contract offer on your property you should decide if you
would like your contract reviewed. Any title company or closing attorney
can review the contract for you. If you plan on using that company for your
closing, they may do this free of charge. Once the title company or closing
attorney is selected (usually by the buyer) simply drop off a copy of the
sales contract to them. They will do the rest.
Once you have accepted a contract which is signed by all parties, you will
need to notify us within 2 days by sending us a copy of the sales contract
and a completed Under Contract form (provided to you once listed). The Under
Contract form gives us vital information we need in order to process your
sale for closing. Properties remain active in the MLS until the form and
your sales contract are received, so time is of the essence. By law, as your
listing
agency, we are required to maintain all documents related to the sale of
your lot or land for 3 years after closing. This law applies regardless of who sells
the property, you or an agent.
Typically the contract will have some contingencies such as perc tests, utilities,
zoning, topographical studies, financing, and review by third parties (lawyers,
advisors, etc.). Many of these contingencies are standard feasibility studies
are necessary to determine the highest and best use of the land.
Finally the day of closing has arrived, and is generally very easy for sellers.
At the closing table, the attorney will go over your Hud-1 settlement statement
with you. The Hud-1 settlement statement is an explanation of expenditures
and distribution of proceeds for both the buyer and the seller. After the
Hud-1 is explained, you will simply sign the title. That's it! You usually
collect your money within a day or two, once the sale has been recorded.
Don't forget we will need a copy of the Hud-1 settlement statement within
48 hours (2 days) of closing! Most closing company's are happy to fax a copy
to us at your request.
Now relax and enjoy the fact that you saved thousands of dollars by listing
on the MLS with our flat rate listing service, Carolina Land Listing.com.