Hot Properties

Individual House
Perur Chettipalayam
Rs. 26,00,000

Individual House
Perur Chettipalayam
Rs. 22,50,000

Apartment
Kavundampalayam
Rs. 27,00,000
 
SELLING PROCESS

Selling a property typically includes many of the following elements.
Coimbatore Homes will be your resource and guide every step of the way.
 
Initial Consultation
  • Determine your needs and priorities
  • Discuss Marketing Plan
  • Establish Pricing Strategy
  • Register your property online and offline with Coimbatore Homes
  • Produce a copy of all the documents relating to the property
  • Basic legal verification is done
Design and Implement Marketing Plan
  • Complete home enhancement recommendations
  • Carry out scheduled marketing activities
  • Show the property to prospective buyers
  • Communicate with you on a regular basis
  • Monitor results of marketing activities
  • Modify Marketing Plan and Pricing Strategy as necessary
Review Offer and Reach Agreement with Buyer
  • Buyer's presents offer
  • Discuss and clarify proposed terms and conditions
  • Negotiation; possible counteroffers
  • Reach final agreement
Complete Settlement Process (per purchase contract)
  • Deposit of buyer's earnest money
  • Sign agreement documents
  • Title search; preliminary title report to buyer
  • Expert legal opinion from a legal advisor
  • Inspections
  • Removal of remaining contingencies
  • Buyer's final walk-through of property
  • Loan funding/balance of funds from buyer
  • Registering of title
  • Relocation of seller; possession of property by buyer
 
To successfully promote your property to the market, a comprehensive plan of targeted activities is essential.
 
Our marketing program has three aims:
 
Promote directly to prospective buyers
  • Print advertising
  • The Internet
  • Yard sign
  • Open houses
  • Other marketing activities
Enlist the efforts of other real estate professionals
  • The Real Estate Network
  • Referral and relocation resources
  • Multiple Listing Service (MLS)
  • Direct promotion to other real estate professionals
Maintain communication with you
  • Review the results of our marketing activities
  • Consult with you to fine-tune our marketing strategy, as needed
 
How Buyers Find the Property they Purchase
 

Online browsing has become the prevailing entry point to the process; currently, 74% of buyers initiate their search this way*, and the percentage is growing steadily each year. Online tools, such as our own websites, provide convenient, anonymous ways for buyers to begin educating themselves about the state of the industry. Listings and details of properties for sale, pricing trends, neighborhood information, mortgage calculators, and other useful data are all available for analysis by the potential buyer.

Buyers may use several information sources in their search process, but they are most likely to find the home they actually purchase through a real estate professional.

Important Ways to Help Promote Your Property
 
Understanding Market Value
 
"Market-sensitive pricing can be the key to
maximum market exposure and, ultimately,
a satisfactory sale."
 
The existing pool of prospective buyers determines a property’s value, based on:
  • Location, design, amenities and condition.
  • Availability of comparable (competing) properties.
  • Economic conditions that affect real property transactions.
 Factors that have little or no influence on the market value of a house include:
  • The price the seller originally paid for the property.
  • The seller’s expected net proceeds.
  • The amount spent on improvements.
 The impact of accurate pricing:
  • Properties priced within market range generate more showings and offers, and sell in a shorter period of time.
  • Properties priced too high have a difficult time selling.
 
Determining a Market-Sensitive Price
 
"An impartial evaluation of market activity
is the most effective way to estimate
a property’s potential selling price."
 
A Comparative Market Analysis considers similar properties that:
 
 Have sold in the recent past
  • This shows us what buyers in this market have actually paid for properties similar to yours.
Are currently on the market
  • These are properties that will be competing with yours for the attention of available buyers.
Failed to sell
  • Understanding why these properties did not sell can help avoid disappointment in the marketing of your property.
 
The Dangers of Overpricing
 
"An asking price that is beyond
market range can adversely affect
the marketing of a property."
 
  • Fewer buyers are attracted, and fewer offers received.
  • Marketing time is prolonged, and initial marketing momentum is lost.
  • The property attracts "lookers" and helps competing houses look better by comparison.
  • If a property does sell above true market value, it may not appraise, and the buyers may
    not be able to secure a loan.
  • The property may eventually sell below market value.
 
 
You are the Key Player on the Selling Team
 
"No one has a more important role in the
homeselling process than you."
 
Here are some ways your participation can contribute to a successful sale:
  • Maintain the property in ready-to-show condition.
  • Ensure that the house is easily accessible to real estate professionals (lock box and key).
  • Try to be flexible in the scheduling of showings.
  • When you are not at home, let me know how you can be reached in case an offer is received.
  • If approached directly by a buyer who is not represented by a real estate professional, please contact me. Do not allow them into the property unescorted.
  • Remove or lock up valuables, jewelry, cash and prescription medications.
  • If possible, do not be present when the property is being shown.
  • Securely pen up pets, or take them with you.
  • Be cautious about saying anything to buyers or their sales professionals that could weaken your negotiating position, especially regarding price or your urgency to sell.
  • Collect the business cards of real estate professionals who preview and show your home, and pass them on to me.
  • Let me know of any change in the property's condition that would need to be disclosed to
    potential buyers.
  • Be available to review with me the list price and condition of your property if it has not sold in a reasonable period of time.
  • Feel free to contact me at any time with questions or concerns.
 
From Offer to Completed Sale
 
When our marketing efforts bring a purchase offer, I will:
 
Negotiate the agreement
  • Explain the offer to you and answer your questions.
  • Help you determine the best course of action by pointing out potential advantages and
    disadvantages of the offer and clarifying the choices available to you.
  • Prepare an Estimate of Net Proceeds based on the proposed price and terms.
  • Negotiate through the buyer's agent, and handle possible counteroffers, to reach a final agreement that is favorable to you.
Complete the transaction
  • Explain to you in detail all the steps that will occur for a successful closing, and answer
    any questions you might have.
  • Work with the buyer's broker, settlement officer, title officer and others to help
    coordinate their activities and keep the transaction moving forward.
  • Monitor progress of inspections, the buyer's loan and other contingencies as called for in
    the purchase contract. Resolve questions or problems that might arise, in order to ensure a
    timely closing.
  • Accompany the buyer and buyer's agent during their final walk-through of the property.
  • Assist you in handling details required for the completion of the transaction.
  • Communicate with you on a regular basis so that you can stay informed and as
    worry-free as possible.
Follow up after the sale closes
  • Confirm that all your real estate-related needs have been met, and provide information
    on service providers you may require.
  • Offer relocation assistance, if moving to a new area.
  • Help you locate a new home if remaining in this area.
 
Our Services Commitment
 
"100% Transparent &
Hassle Free Transactions."
 
Selling your property is an important decision. As your Real Estate professional, my goal is to help you sell your property for the highest price attainable, within the time frame that fits your plans, and to make the homeselling process as efficient and stress-free as possible.
 
 
 
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