Lois Fein & John Schwartz - Sales Associates, Friedberg Properties, Englewood Cliffs, NJ
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Information for Sellers

The Selling Process Our Seller Services
 
Before you begin:
 
  • Select the company which offers the best services and has a proven track record.
  • We have demonstrated success with all price ranges.
  • Describe your goals.
  • We tailor our marketing program to individual needs.
  • Share why you, the seller, chose to buy this home.
  • We customize all advertising to appeal to the emotional needs of buyers and the unique strengths of your property.
  • Understand marketing factors and who controls them:

Market Position based upon price (Seller)
Salability/Appeal to buyer (Seller)
Market Value (Buyer)
  • We understand marketing factors and who controls them:

Marketing Program (Sales Associate/ Company)
  • Know your competition and comparables.
  • We will suggest the right marketing strategy.
  • Decide how long you want your house on the market.
  • We will give you information on the price, condition and terms of sale of similar homes currently for sale and those recently sold.
  • Set a realistic price.
  • We will suggest the right pricing strategy.
  • Consider a service contract (Home Warranty) that will help cover the cost of any major repairs while your home is on the market and for the first year after the home is sold.
  • We can increase the likelihood of a higher offer.
  • Prepare your home for sale.
  • We know ways to make your home shine.
While your home is on the market:
 
  • Make your home accessible to agents and their buyers.
  • We will facilitate showings.
  • Let the agent show the property.
  • We know each buyer’s needs and desires.
  • Give careful consideration to written offers when presented.
  • When we get a written offer on your home, we can present and negotiate that offer with integrity; ask the buyer to demonstrate his/her ability to obtain financing; and point out strengths and weaknesses so you can make an informed decision.
After you accept an offer:
 
  • Select an attorney licensed in New Jersey and familiar with local real estate practices to represent you.
  • We will deliver your contract to your attorney.
  • Make your home available for inspections and the bank appraisal.

  • After signing, both the seller and the buyer have the right to have the contract reviewed or cancelled by an attorney within three business days.
  • Know the status of your contract.
  • We will schedule appointments for home inspections and the bank appraisal.
  • Arrange for necessary repairs, get estimates from moving companies, notify utility companies of your move-out date, etc.
  • We will track the progress of the contingencies.
  • Move out before the closing.
  • We will help coordinate all the necessary details from contract to closing.
  • Contact your attorney for closing requirements.
  • We will schedule the final walk-through.

Contact Lois & John

Want more information on selling your home? Contact us below:

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Information for Sellers

Suggestions to Seller

Before signing contract:

  1. Be certain that the contract describes the exact premises which you are selling. Deliver to your attorney:
    • A copy of your deed or deeds.
    • Information concerning any instrument which was executed subsequent to your deed and which affects the property you are selling.
    • Any certificate of title or owners title insurance policy which you may have.
    • Any survey or plot plan which you may have.
    • Details concerning any lease, whether written or oral, and any security deposit.
  2. Make certain that you advise your attorney as to:
    • Water supply.
    • Information concerning the physical condition and location of any septic system.
    • Any mortgage or other encumbrance affecting the premises.
    • Any leased hot water heater or other leased equipment.
  3. Make certain that the contract correctly states what personal property, if any, is included or excluded from the sale.

After signing contract:

  1. Provide your attorney with current tax bills, association, district, sewer, fire, and condominium documents, if the same apply.
  2. If you live in a common interest community (meaning you have to pay the taxes, insurance or other fees on common property), then you must give the purchaser a resale certificate. You get this from your association.

When closing date has been set:

  1. Notify your insurance carrier of the date of closing. Have the agent cancel your policy after the closing.
  2. Arrange for the termination of utilities, including water, if metered.
  3. Arrange with your fuel supplier to either fill the oil tank or measure the same, and provide your attorney with a statement, from the company, as to the value of the fuel, at least 2-3 days prior to closing.
  4. Certificate of occupancy and smoke detector certification: It is the responsibility of the seller to obtain, provide and pay for a certificate of occupancy (if your town requires one) and smoke detector certification. You must check with the town building inspector's office to determine if a certificate of occupancy is required for you to sell your home. It is also important to ask if there is a requirement as to number and placement of smoke detectors.

At the closing:

  1. Your attorney will notify you of the time and place of the closing. The closing normally takes place at the office of the buyer's attorney or at the office of the buyer's lending institution.
  2. Your attorney prepares the deed of conveyance. It is your obligation at the closing to pay the conveyance taxes and any releases to be recorded, which will normally be paid from the deposit and indicated to you on a disbursement sheet.
  3. The broker is entitled to the commission, in full, at the closing.
  4. Bring all keys to the premises and any information concerning appliances and systems which will be helpful to the purchaser.
Friedberg Properties & Associates
Lois Fein & John Schwartz • Sales Associates
Friedberg Properties & Associates (real estate agency) • Englewood Cliffs Office
610 Palisade Avenue, Englewood Cliffs, NJ 07632
201-568-1818 • Res.: 201-224-0940
Lois’ Cell: 201-741-2175 • John’s Cell: 201-906-8756
•
Available 7 Days a Week!

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