Thursday, July 27, 2006

Basic Steps of a Real Estate Transaction

Information Phase

Home Buyers: Research and evaluate needs and then choose the sources to fill them. Find and tour the available inventory of homes for sale.
Home Sellers: Valuate property and arrange to advertise home to qualified buyers.

Negotiating Phase

Participating players in the transaction negotiate the terms of the deal.

Execute & Monitor Phase

The transaction is executed with money and goods being exchanged according to the conditions previously stipulated. Monitoring accompanies to close the deal.

3 comments:

uderhood said...
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Open House said...
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Open House said...

Removed this post - no value in spam with no comments. Please feel free to leave a link with your comments about the post topic or current internet options available to Real Estate consumers that want to find, buy, and/or sell real estate.