Overview of the Buying & Selling Process

 

Buyer
1Considers purchasing a home
2Selects a real estate agent
3Determines needs and wants
4Discusses financial issues
5Views & researches target homes
6Makes an offer to buy

 

Seller
1Decides to sell property
2Selects a real estate agent
3Determines needs
4Prepares home for marketing
5Agent markets the home
6Accepts, rejects or counters offer

 

7Offer Accepted
8Loan Application
9Inspections
10Title Search
11Appraisal
12Loan Approval
13Closing Papers Signed
14Documents Recorded
15Funds Available To Seller
16Seller Moves Out
17Buyer Moves In