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Reese Realty Team

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  • Find a Home
    • Search by Map
    • Area Information
    • Our Promoted Listings
  • Devin’s Blog
  • Market Report
  • About the Agents
  • Contact
  • Helpful Links

What to expect when selling

You should select a professional real estate agent to represent your needs. Once you establish a working relationship with your agent, your home is put on the market and marketed to potential buyers. Once a buyer makes an offer on your home you have three options: accept the offer, counter the offer, or reject the offer.

After you accept an offer you can expect to do the following:

  • Escrow is opened and buyer deposits “earnest money” into escrow.
  • Seller submits documents and information to escrow holder, such as:
    – addresses of lien holders
    – tax receipts
    – equipment warranties
    – home warranty contracts (if any)
    – any leases and/or rental agreements.
  • Seller approves and signs the escrow instructions, grant deed and other related documents required to complete the transaction.
  • Seller orders inspections, receives clearances and approves final reports and/or repairs to the property as required by the terms of the purchase and sale agreement (responsibility for inspection procedures may vary).
  • Buyer and Seller fulfill any remaining conditions specified in the contract and/or escrow instructions; approves the pay off demands and/or beneficiary’s statements.
  • Buyer and Seller approve any final changes by signing amendments to the escrow instructions or contract.
  • Buyer and Seller fulfill any remaining conditions specified in the contract and/or escrow instructions; approves the pay off demands and/or beneficiary’s statements.

Note: The above is general information only. Your situation may differ. Please consult your real estate professional for details about your specific situation.

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Pam and Devin Reese

Pam & Devin Reese

Reese Realty Team
Reno Nevada Realtors
775-843-1508 Pam
775-527-6273 Devin
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