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The 9 Things Your Real Estate Agent Does for You When Listing Your Home

May 8, 2018 by Jimmy

Thing #7

Contract to close.

Your real estate agent will work with the loan officer and closing attorney to make sure all paperwork and documentation are in order to close your home.


Once you and your real estate agent come to terms on repairs with the buying side of things, the next step is to get a closing date in line.   As the seller, your major responsibility will be getting ready to move out. Your real estate agent will help you with this task, whether its a moving company or getting you in contact with contractors to do repairs, your real estate agent is there for you during this process.  

It is important to get all repairs done quickly and with in the terms of the contract. For example, if the buyers asked for repairs to be made by a licensed electrician, you must have a licensed electrician do the work.  In terms of moving, it will take at least thirty days to prepare the closing paperwork. During this time, the buyer’s lender will need to order an appraisal and ask the buyers for information to get the loan “Clear to Close.”  Once the loan is clear to close you will have, by law, three days before the loan can close. The three day window is a mandatory period so the individual receiving the loan can look over all paperwork and ask questions to fully understand what they are getting into.  This will be the first time you have a hard closing date.

The other consideration you must face is how the contract identifies possession.  Is it simultaneous, or did you negotiate in time, for example two days? This means after the house closes, the seller will have two days to move out.  Make sure you consult with your real estate agent about this factor during the contract negotiation stage. These two days will mean the world of difference.  You are likely buying a new home, as well, and will need the extra time to close on your old house and move to your new home.

The only time we recommend simultaneous closing is if the home is vacant and you have established your next living situation in advance.  The time for a seller from contract to close is, virtually, a waiting game, and you and your real estate agent are at the mercy of the loan officer on the buying side.  Even with a great loan officer it will take time so be ready to be patient, take care of your side of things and set up routine communication with your real estate agent.

 

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Filed Under: Featured Homes, Louisville Real Estate, Real Estate Agents, Realtor, Selling a house

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My husband and I highly recommend Jennifer and Jimmy Smith, The Jewell Smith Group! They have been a blessing from God, truly. We could call on them at any time, and they would happily answer any questions or concerns that we may have had. They helped us find the perfect New Construction for our family! We can’t thank you guys enough!!! You all will be our lifelong Realtors!!!

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You'll find professional, caring individuals here that want to listen to what you want to achieve then define what is possible in today's market. Great people to deal and very detailed oriented who will guide you in buy / sell your home. Make sure you consult with Jennifer and Jimmy when you feel it is time to buy / sell.

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Great team to work with! They have helped us buy and sell land and houses over the last 7 years! We have referred multiple friends! Love them!

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Jimmy did such a great job finding my daughter a great starter home! Such an easy experience

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So this just happened! This week I sold my very first house and purchased my new home. It was a long processed but God is more than faithful and surpasses my wildest thoughts and dreams. I am so undeserving but he continues to shine his light on me and I am more than grateful! Here’s to new beginnings... The Jewell Smith Group

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I was referred to Jimmy & Jennifer through my mom. They were there every single step of the way. No matter what they were doing they made sure to answer my call and reassure me everything was going well. They found me my home on the first day hunting. They got the price lowered, got the seller to pay closing costs, and had them repair everything that came back on inspection. Jimmy & Jennifer are a great team and amazing at what they do. I would definitely recommend to anyone house hunting or looking to sell. They make it less stressful and put some fun into it. They even purchased me 3boxes of diapers of closing day. I can't thank you enough for all you have helped me accomplish this past month! I will definitely be back when it comes time to sell and find a bigger home!

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Beautiful - this is an amazing transformation! We lived in this house for ten years back in the 80s-90's. (moved out 20 years ago)

Wayne N Carolyn Arnold
 

I can't say enough about Smith Reality!!! Jennifer went above and beyond in helping us sell our home last year and our parents home, recently, within 24 hours!! She's quick to answer calls and any question you may have! Very easy to talk to as well! Don't hesitate to contact her with any real estate needs - she's your girl!! Thanks again Jennifer, for everything!!

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By far the best! Highly recommend! The professionalism, hard work, dedication and commitment of Jimmy and Jennifer is second to none!

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This team helped us find our home very quickly! They were extremely helpful throughout the entire process which helped us to relax without the stress. I'm thankful for this team and all of their support!

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I HIGHLY recommend The Jewell Smith Group if you need a motivated Realtor. They will never let you down!! Jennifer sold my parents home within 24 hours. Thank you guys for everything, I cant thank you enough!! You guys are AWESOME!!

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Loved our experience with Jennifer, my husband and myself were first time home buyers, and she made it super easy! Never complained about the 5 million questions I had and was always on top of everything! Will use again if we move!

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I highly recommend the The Jewell Smith Group. Jennifer was very knowledgeable and helpful throughout the entire process of selling my Mom and Dad's house. Thanks Jennifer for all you did for me.

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Jennifer did an amazing job selling my first house...it sold in 10 days for more than the original asking price! Would highly recommend!

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We absolutely loved working with Jimmy Smith i have bought and sold a lot of homes over the years and this was my best experience of all. I would give the The Jewell Smith Group a A+ (Awesome Team Work)

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