Example Forms: Maximize Your Home Sale Profits

Example Forms: Maximize Your Home Sale Profits

Exclusive Right to Sell Agreement

This Exclusive Right to Sell Agreement (“Agreement”) is made on [Date], by and between [Seller’s Name], with a mailing address of [Address] (“Seller”) and [Broker’s Name], with a mailing address of [Address] (“Broker”).

  • Grant of Exclusive Right to Sell: Seller hereby grants Broker the exclusive right to sell the property found at [Property Address] (“Property”) for a period of [Number] months from the date of this Agreement.
  • Commission: Seller agrees to pay Broker a commission of [Percentage]% of the sale price if the Property is sold during the term of this Agreement.
  • Owner’s Right to Sell: Notwithstanding the above, Seller keeps the right to sell the Property independently without obligation to pay Broker a commission, provided that the sale is not to a buyer introduced by Broker.
  • Duties of Broker: Broker agrees to use diligent efforts to sell the Property, including listing the Property on multiple listing services, marketing the Property, and conducting open houses.
  • Governing Law: This Agreement shall be governed by the laws of [State/Country].
  • Entire Agreement: This document has the entire agreement between the parties and supersedes any prior understanding or representation of any kind preceding the date of this Agreement.

 

Acknowledgment by Seller:

 

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Acknowledgment by Broker:

 

Signature: _____________________

Print Name: ___________________

Date: _______________

 

This template provides a structured format for documenting the improvements and repairs made to a property. It’s essential for the seller to maintain accurate and detailed records, as these can significantly impact the property’s perceived value and can be a key negotiating point in the sale process. Always consider consulting with a real estate professional to ensure the documentation meets the needs of potential buyers and is presented effectively.

 

Open Listing Agreement

 

This Open Listing Agreement (“Agreement”) is made on [Date], by and between [Seller’s Name], with a mailing address of [Address] (“Seller”) and [Broker’s Name], with a mailing address of [Address] (“Broker”).

 

  • Grant of Open Listing: Seller grants Broker a non-exclusive right to sell the property found at [Property Address] (“Property”). Seller may enter into similar agreements with other brokers or sell the Property independently.
  • Commission: Seller agrees to pay Broker a commission of [Percentage]% of the sale price if Broker gets a buyer for the Property. No commission will be owed if Seller finds a buyer independently.
  • No Exclusive Relationship: This Agreement does not create an exclusive relationship between Seller and Broker. The seller is free to sell the Property independently or through other brokers.
  • Duties of Broker: Broker agrees to make reasonable efforts to sell the Property, but specific marketing activities are not mandated under this Agreement.
  • Governing Law: This Agreement shall be governed by the laws of [State/Country].
  • Entire Agreement: This document is the entire agreement between the parties and supersedes any prior agreement or understanding.

 

Acknowledgment by Seller:

 

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Acknowledgment by Buyer:

 

Signature: _____________________

Print Name: ___________________

Date: _______________

 

This template provides a structured format for documenting the improvements and repairs made to a property. It’s essential for the seller to maintain accurate and detailed records, as these can significantly impact the property’s perceived value and can be a key negotiating point in the sale process. Always consider consulting with a real estate professional to ensure the documentation meets the needs of potential buyers and is presented effectively.


Residential Property Disclosure Form

 

Property Address: ____________________________________________________

Seller(s) Name: ______________________________________________________

Date: ___________________

 

Section 1: Property Condition

 

  1. Foundation and Structure: Describe the condition of the foundation and structure (e.g., cracks, leaks, etc.).

________________________________________

 

  1. Roof: Age of the roof and any known issues or repairs.

________________________________________

 

  1. Plumbing System: Condition and age of the plumbing system.

________________________________________

 

  1. Electrical System: Condition and age of the electrical system.

________________________________________

 

  1. Heating and Cooling Systems: Condition, age, and type of heating and cooling systems.

________________________________________

 

  1. Appliances Included in Sale: List appliances and their condition.

________________________________________

 

  1. Known Defects: List any known defects or malfunctions in the home (e.g., flooding, mold, etc.).

________________________________________

 

 

Section 2: Legal Issues

 

  1. Zoning Violations: Are there any known zoning violations? Yes [ ] No [ ]

If yes, describe: ___________________________________________________

 

  1. Liens or Encumbrances: Are there any liens or other encumbrances against the property? Yes [ ] No [ ]

If yes, describe: ___________________________________________________

 

  1. Homeowners’ Association (HOA): Is the property subject to HOA rules? Yes [ ] No [ ]

If yes, provide details: _____________________________________________

 

Acknowledgment by Seller:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Acknowledgment by Buyer:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

This template provides a structured format for documenting the improvements and repairs made to a property. Always consider consulting with a real estate professional to ensure the documentation meets the needs of potential buyers and is presented effectively.

Lead-Based Paint Disclosure (For Homes Built Before 1978)

 

Property Address: ___________________________________________________

Seller(s) Name: _____________________________________________________

Date: ___________________


Lead Warning Statement

Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property must provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller’s possession and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase.

 

Seller’s Disclosure (initial next to statements):

[ ] Seller has knowledge of lead-based paint and/or lead-based paint hazards in the home.

[ ] Seller has no knowledge of lead-based paint and/or lead-based paint hazards in the home.

Records and Reports Available to Seller (check if applicable):

[ ] Seller has provided the purchaser with all available records and reports of lead-based paint and/or lead-based paint hazards in the property (list documents below).

_________________________________________________________________________________________________

 

Purchaser’s Acknowledgment (initial):

[ ] Purchaser has received copies of all information listed above.

[ ] Purchaser has received the pamphlet “Protect Your Family from Lead in Your Home.”

[ ] Purchaser has (check one):

[ ] received a 10-day opportunity (or mutually agreed upon period) to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards; or

[ ] waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards.

Agent’s Acknowledgment (if applicable):

[ ] Agent has informed the seller of the seller’s obligations under 42 U.S.C. 4852d and is aware of his/her responsibility to ensure compliance.

 

Acknowledgment by Seller:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Acknowledgment by Buyer:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Agent’s Signature: ___________________________ Date: _________________ (if applicable)

 

This template provides a structured format for documenting the improvements and repairs made to a property. It’s essential for the seller to maintain accurate and detailed records, as these can significantly impact the property’s perceived value and can be a key negotiating point in the sale process. Always consider consulting with a real estate professional to ensure the documentation meets the needs of potential buyers and is presented effectively.


Offer to Purchase Real Estate Form

 

Property Address: ___________________________________________________

Offer Date: ______________________

Buyer(s) Information:

Name(s): __________________________________________________________________

Address: __________________________________________________________________

Phone: ______________________ Email: _______________________________________

 

Offer Details:

  1. Purchase Price Offered: $______________________
  2. Earnest Money Deposit: $______________________ to be held in escrow.
  3. Closing Date: ______________________ (Proposed)
  4. Contingencies:

Inspection: [ ] Yes [ ] No

Financing: [ ] Yes [ ] No

Appraisal: [ ] Yes [ ] No

Other: _______________________________________________________________

  1. Inclusions/Exclusions: (Specify any items to be included or excluded from the sale)

________________________________________

  1. Closing Costs: (Specify who is responsible for paying closing costs)

________________________________________

  1. Additional Terms/Conditions:

________________________________________

 

Buyer’s Acknowledgment:

I/We, the undersigned, offer to buy the real estate property as described above and agree to the terms and conditions stated herein. I/We understand that this offer, if not accepted, expires on _______________.

 

Acknowledgment by Seller:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Acknowledgment by Buyer:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

This template provides a structured format for documenting the improvements and repairs made to a property. It’s essential for the seller to maintain accurate and detailed records, as these can significantly impact the property’s perceived value and can be a key negotiating point in the sale process. Always consider consulting with a real estate professional to ensure the documentation meets the needs of potential buyers and is presented effectively.


Counteroffer Form

 

Original Offer Date: ______________________

Counteroffer Date: ______________________

Seller(s) Information:

Name(s): __________________________________________________________________

Address: __________________________________________________________________

Phone: ______________________ Email: _______________________________________

Counteroffer Details:

 

The seller(s), as the undersigned, hereby counter the original offer to buy the real estate located at:

Property Address: ___________________________________________________

 

with the following amended terms:

  1. Revised Purchase Price: $______________________
  2. Revised Earnest Money Deposit: $______________________
  3. Revised Closing Date: ______________________
  4. Revised Contingencies: ________________________________________
  5. Revised Inclusions/Exclusions: ________________________________________
  6. Revised Closing Costs: ________________________________________
  7. Other Revised Terms/Conditions: ________________________________________

Seller’s Acknowledgment:

I/We, the undersigned, propose this counteroffer to the buyer’s original offer with the revised terms as stated above. I/We understand that this counteroffer, if not accepted, expires on _______________.

 

Seller’s Signature: ___________________________ Date: _________________

 

Buyer’s Response: (To be completed by the buyer)

[ ] Accept [ ] Reject [ ] Further Counteroffer

Buyer’s Signature: ___________________________ Date: _________________

 

 

This template provides a structured format for documenting the improvements and repairs made to a property. It’s essential for the seller to maintain accurate and detailed records, as these can significantly impact the property’s perceived value and can be a key negotiating point in the sale process. Always consider consulting with a real estate professional to ensure the documentation meets the needs of potential buyers and is presented effectively.


Purchase Agreement Form

 

Creating a Purchase Agreement Form involves detailing the terms and conditions agreed upon by the buyer and seller for the sale of a property. Below is a simplified outline of a Purchase Agreement Form. It’s essential to customize this form to comply with local laws and specific details of the transaction.

 

This Purchase Agreement (“Agreement”) is made on [Date] by and between [Seller’s Name(s)], (“Seller”) and [Buyer’s Name(s)], (“Buyer”) concerning the property described as:

Property Address: _______________________________________________________

Legal Description: (attach legal description of the property)

________________________________________

 

  1. Sale and Purchase

The Seller agrees to sell, and the Buyer agrees to buy the property described above, including all fixtures, improvements, and appurtenances, for the price and on the terms set forth in this Agreement.

 

  1. Purchase Price and Payment Terms

Total Purchase Price: $______________________

Earnest Money Deposit: $______________________ to be held in escrow by [Escrow Agent] as a part of the purchase price.

Balance of Purchase Price: The balance of the purchase price $______________________ will be paid at closing by [specify method, e.g., cash, mortgage financing].

  1. Contingencies
  • This Agreement is contingent upon the following:
  • Inspection: Buyer’s right to complete a satisfactory inspection of the property within [number] days.
  • Financing: Buyer obtaining financing approval within [number] days.
  • Appraisal: Property appraising for no less than the purchase price.
  • Title: Seller providing a clear and marketable title to the property.
  1. Closing and Possession
  • Closing Date: The closing of the purchase and sale of the Property shall take place on [Date], unless otherwise agreed upon by both parties.
  • Possession: Buyer shall take possession of the property on the date of closing, unless otherwise agreed upon.
  1. Closing Costs
  • Seller’s Costs: [List any costs the Seller is responsible for, e.g., real estate commissions, certain repairs.]
  • Buyer’s Costs: [List any costs the Buyer is responsible for, e.g., loan origination fees, appraisal fees.]
  1. Property Condition
  • Seller agrees that the property will be in the same condition at closing as on the date of this Agreement, reasonable wear and tear excepted.
  1. Warranties and Disclosures
  • Seller warrants that they have disclosed to Buyer all known material defects in the property and that they have made no false statements in this Agreement.
  1. Default
  • If either party fails to fulfill their obligations under this Agreement, the aggrieved party shall have all remedies afforded by law, including the right to seek specific performance or terminate the Agreement.

9. Legal and Binding Agreement

  • This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations, representations, or agreements, either written or oral.
  1. Signatures

This Agreement shall be binding upon the parties, their heirs, successors, and assigns.

Acknowledgment by Seller:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Acknowledgment by Buyer:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Witness/Notary Public (if required): ___________________________ Date: _________________

________________________________________

 

Please note, this template is a basic framework and should be customized to meet the specific needs of the transaction and comply with local laws. Consulting with a real estate attorney or professional is strongly recommended to ensure the Agreement is legally sound and fully protective of your rights and interests.


Inspection Contingency Addendum

 

Creating contingency addendums is an important part of many real estate transactions, providing conditions that must be met for the transaction to proceed. Below are simplified templates for an Inspection Contingency Addendum and a Financing Contingency Addendum. It is crucial to consult with a legal professional to tailor these documents to the specific requirements and regulations of your jurisdiction and to ensure they adequately protect your interests.

This Inspection Contingency Addendum (“Addendum”) is made on [Date] and is part of the Purchase Agreement dated [Date] between [Buyer’s Name], (“Buyer”) and [Seller’s Name], (“Seller”) for the purchase of the property located at [Property Address] (“Property”).

  • Inspection Period: Buyer shall have the right to inspect the Property within [Number] days from the effective date of the Purchase Agreement (“Inspection Period”).
  • Right to Cancel: Buyer may, at Buyer’s sole discretion, cancel the Purchase Agreement by written notice to Seller if the inspection reveals any condition of the Property that is unsatisfactory to Buyer, in Buyer’s sole judgment. Such notice must be given prior to the expiration of the Inspection Period.
  • Access to Property: Seller agrees to provide Buyer and Buyer’s agents reasonable access to the Property for the purposes of conducting inspections.
  • Seller’s Response: Seller may, at Seller’s option, choose to repair or address any conditions identified by Buyer. If Seller and Buyer cannot agree on the repairs or adjustments, Buyer retains the right to cancel the Purchase Agreement.
  • Governing Law: This Addendum shall be governed by the laws of [State/Country].
  • Entire Agreement: This Addendum is incorporated into and made a part of the Purchase Agreement. In the event of any conflict between this Addendum and the Purchase Agreement, the terms of this Addendum shall prevail.

 

Acknowledgment by Seller:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Acknowledgment by Buyer:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

 This template provides a structured format for documenting the improvements and repairs made to a property. It’s essential for the seller to maintain accurate and detailed records, as these can significantly impact the property’s perceived value and can be a key negotiating point in the sale process. Always consider consulting with a real estate professional to ensure the documentation meets the needs of potential buyers and is presented effectively.


Financing Contingency Addendum

 

This Financing Contingency Addendum (“Addendum”) is made on [Date] and is an integral part of the Purchase Agreement dated [Date] between [Buyer’s Name], (“Buyer”) and [Seller’s Name], (“Seller”) for the property located at [Property Address] (“Property”).

 

  • Financing Contingency: The purchase of the Property by Buyer is contingent upon Buyer obtaining a loan approval for the purchase of the Property on or before [Date] (“Financing Deadline”).
  • Loan Application: Buyer agrees to diligently apply for and pursue the obtainment of a suitable loan and to provide all necessary documentation to the lender in a timely manner.
  • Notice of Financing: Buyer shall notify Seller in writing upon receipt of loan approval. If Buyer is unable to secure financing by the Financing Deadline, Buyer may cancel the Purchase Agreement by providing written notice to Seller, and any earnest money deposit shall be returned to Buyer.
  • Failure to Obtain Financing: If Buyer fails to obtain financing and elects to cancel the Purchase Agreement pursuant to this Addendum, Buyer shall provide Seller with documentation from the lender stating that financing was not approved.
  • Governing Law: This Addendum shall be governed by the laws of [State/Country].
  • Entire Agreement: This Addendum is part of the Purchase Agreement. In case of any discrepancy between this Addendum and the Purchase Agreement, this Addendum’s terms shall control.

 

Acknowledgment by Seller:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Acknowledgment by Buyer:

Signature: _____________________

Print Name: ___________________

Date: _______________

These templates provide a foundation, but they must be customized to fit the specifics of each transaction and to comply with local legal requirements. Always have a legal professional review any legal document before it is completed to ensure it meets your needs and complies with applicable laws.


Bill of Sale

 

Creating closing documents for a real estate transaction involves preparing legal forms that detail the terms, conditions, and specifics of the property sale. Below are simplified templates for a Bill of Sale, Statement of Closing Costs, and a Deed. It’s crucial to note that these templates should be customized and reviewed by a legal professional to ensure they are accurate, compliant with local laws, and meet the specific needs of the transaction.

This Bill of Sale is made on [Date], by [Seller’s Name] (“Seller”) and [Buyer’s Name] (“Buyer”) for the property located at [Property Address] (“Property”).

  1. Sale of Property: Seller agrees to sell, and Buyer agrees to buy the following described items included in the sale of the Property:

[List Items]

e.g., Appliances, Lighting Fixtures, Window Treatments.

 

  1. Property Sold “As-Is”: All items are sold “as-is” without any warranty except as may be provided by the manufacturer.

 

  1. Governing Law: This Bill of Sale shall be governed by the laws of [State/Country].

Acknowledgment

 

Seller and Buyer acknowledge and agree to the terms of this Bill of Sale on the date mentioned above.

 

Acknowledgment by Seller:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Acknowledgment by Buyer:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

This template provides a structured format for documenting the improvements and repairs made to a property. It’s essential for the seller to maintain accurate and detailed records, as these can significantly impact the property’s perceived value and can be a key negotiating point in the sale process. Always consider consulting with a real estate professional to ensure the documentation meets the needs of potential buyers and is presented effectively.


Statement of Closing Costs

 

Statement of Closing Costs

Date: [Closing Date]

Property: [Property Address]

Seller: [Seller’s Name]

Buyer: [Buyer’s Name]

This Statement of Closing Costs itemizes the fees and costs associated with the sale of the property mentioned above.

Description of Cost   Amount ($)

Real Estate Commissions   [Amount]

Loan Origination Fees   [Amount]

Appraisal Fees  [Amount]

Title Insurance  [Amount]

Recording Fees [Amount]

Survey Fees      [Amount]

[Other Costs]    [Amount]

Total Closing Costs       [Total Amount]

 

Acknowledgment

The undersigned Buyer and Seller acknowledge and agree to the closing costs as listed above.

 

Acknowledgment by Seller:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Acknowledgment by Buyer:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

This template provides a structured format for documenting the improvements and repairs made to a property. It’s essential for the seller to maintain accurate and detailed records, as these can significantly impact the property’s perceived value and can be a key negotiating point in the sale process. Always consider consulting with a real estate professional to ensure the documentation meets the needs of potential buyers and is presented effectively.


Deed

Warranty Deed

This Deed is made on [Date], by [Seller’s Name], living at [Address] (“Grantor”), in favor of [Buyer’s Name], residing at [Address] (“Grantee”), for the consideration of [Purchase Price] dollars and other valuable considerations.

 

  1. Conveyance: The Grantor hereby conveys and warrants to the Grantee the property described as follows: [Legal Description of Property], located at [Property Address], free and clear of all encumbrances, except as specifically noted herein.

 

  1. Binding Effect: This Deed shall bind and inure to the benefit of the parties hereto and their respective heirs, successors, and assigns.

 

  1. Governing Law: This Deed shall be governed by the laws of [State/Country].

In Witness Whereof, the Grantor has signed and sealed this deed on the date first above written.

 

Signatures:

 

[Seller’s Name]_______________________________________ [Buyer’s Name]____________________________________

[Date]                                                                                         [Date]

Notarization (if required):

State of [State]__________________________________________________

County of [County]______________________________________________

On [Date], ______________________

before me, [Notary’s Name]_________________________________________________, personally appeared.

[Seller’s Name] ______________________________________ and

[Buyer’s Name], _____________________________________  proved to me on the basis of satisfactory evidence to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same in their authorized capacities, and that by their signatures on the instrument, the persons, or the entity upon behalf of which the persons acted, executed the instrument.

 

Notary Signature: ________________________________________________________

 

[Notary’s Name]

My commission expires: [Expiration Date]

This template provides a structured format for documenting the improvements and repairs made to a property. It’s essential for the seller to maintain accurate and detailed records, as these can significantly impact the property’s perceived value and can be a key negotiating point in the sale process. Always consider consulting with a real estate professional to ensure the documentation meets the needs of potential buyers and is presented effectively.


Amendment to Purchase Agreement

 

Creating an Amendment to a Purchase Agreement form is essential when parties need to document changes, additions, or deletions to the terms of an original real estate purchase agreement. Below is a simplified template for such an amendment. This template should be reviewed and adjusted by a legal professional to ensure it meets the specific needs of the parties involved and complies with local laws.

 

This Amendment to Purchase Agreement (“Amendment”) is made this [Date], by and between [Buyer’s Name] (“Buyer”) and [Seller’s Name] (“Seller”), collectively referred to as the “Parties,” with regard to the Purchase Agreement dated [Original Agreement Date] (“Original Agreement”) concerning the property located at [Property Address] (“Property”).

Whereas the Parties wish to amend the Original Agreement.

 

Now, Therefore, in consideration of the mutual promises contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree to amend the Original Agreement as follows:

 

  1. Amendments: (List the specific changes to the original agreement. Each change should be clearly described and numbered. For example: 1.1 The closing date of the sale shall be changed from [Original Closing Date] to [New Closing Date]. 1.2 The purchase price of the Property shall be adjusted from [Original Purchase Price] to [New Purchase Price]. 1.3 Include any additional terms or conditions being amended.)

 

  1. Ratification: Except as expressly amended hereby, all other terms and conditions of the Original Agreement shall remain in full force and effect. This Amendment, together with the Original Agreement, constitutes the entire agreement between the Parties concerning the subject matter hereof and supersedes all earlier agreements, whether written or oral.

 

  1. Governing Law: This Amendment shall be governed by and construed in accordance with the laws of the [State/Country] in which the Property is located.

 

  1. Counterparts: This Amendment may be executed in counterparts, each of which shall be considered an original, but all of which together will constitute one and the same instrument.

 

In Witness Whereof, the Parties have executed this Amendment as of the date first above written.

Signatures:

 

Acknowledgment by Seller:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Acknowledgment by Buyer:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

This template is a starting point and may need adjustments to fit the specifics of your situation. Always consult with a legal professional to ensure that your amendment accurately reflects the changes agreed upon and is enforceable under local laws.

 

Home Improvement Records Template

 

Creating a Home Improvement Records form helps sellers document any enhancements, upgrades, or repairs they’ve made to their property. This documentation can be vital in setting up the property’s value and justifying the asking price. Below is a simplified template that property owners can use to track their home improvements. It’s advisable for sellers to review and adjust this template as necessary, possibly with the assistance of a real estate professional, to ensure it meets their specific needs and provides a comprehensive record of improvements.

 

Property Address:

____________________________________________________

Owner Name(s):

____________________________________________________

 

 Improvement Summary Sheet

Date of Completion       Description of Improvement      Cost of Improvement    Contractor/Company     Warranty Information (if applicable)

 

Details of Improvements:

  1. Improvement
  • Date of Completion: [Insert Date] •Description: [Detailed description of the improvement or repair]
  • Cost: [Total cost of improvement]
  • Contractor/Company Used: [Name of the contractor or company, if applicable]
  • Warranty Information: [Details of any warranties, including term and coverage]

 

Before and After Photos: Attached [Yes/No]

 

(Repeat the format for other improvements)

 

Notes: [Additional notes or information about the property improvements]

 

Attachments:

[List any attached documents, such as receipts, warranty documents, and before/after photos]

Signature of Owner(s):

[Signature Line]

Date: [Insert Date]

 

This template is a starting point and may need adjustments to fit the specifics of your situation. Always consult with a legal professional to ensure that your amendment accurately reflects the changes agreed upon and is enforceable under local laws.


Utility Transfer Information Sheet

 

Creating a Utility Transfer Form or Information Sheet is a crucial step for ensuring a smooth transition for new homeowners. This document outlines the process for transferring utility services from the seller’s name to the buyer’s name. Below is a template that can be used or adapted by real estate professionals, sellers, or buyers to ease this transition.

 

Property Address:

[Insert Property Address Here]

Date of Transfer:

[Insert Desired Date of Utility Transfer Here]

________________________________________

Utility Transfer Instructions:

This information sheet provides instructions for transferring utility services to the new homeowner’s name. It is recommended to initiate the transfer process at least two weeks prior to the scheduled closing date to ensure a seamless transition.

________________________________________

 

  1. Electricity:
  • Provider Name: [Insert Provider Name]
  • Customer Service Number: [Insert Customer Service Number]
  • Account Number: [Insert Seller’s Account Number] (for reference)
  • Instructions: To transfer the electricity service, please contact the provider’s customer service. Provide them with the property address, the desired date of transfer, and the new homeowner’s contact information. A final meter reading will be scheduled on the transfer date.
  1. Gas:
  • Provider Name: [Insert Provider Name]
  • Customer Service Number: [Insert Customer Service Number]
  • Account Number: [Insert Seller’s Account Number] (for reference)
  • Instructions: Contact the gas service provider with the property address, account number, and desired date of transfer. You may need to provide identification and possibly a deposit. The provider will schedule a final meter reading.

 

  1. Water and Sewer:

Provider Name: [Insert Provider Name]

Customer Service Number: [Insert Customer Service Number]

Account Number: [Insert Seller’s Account Number] (for reference)

Instructions: Water and sewer services are often managed by the local municipality. Contact the water department with your transfer request, property address, and transfer date. A final reading may be arranged.

 

  1. Trash and Recycling:
  • Provider Name: [Insert Provider Name]
  • Customer Service Number: [Insert Customer Service Number]
  • Account Number: [Insert Seller’s Account Number] (for reference)
  • Instructions: Inform the trash and recycling service provider of the change in ownership and request service continuation under the new name. Provide the desired start date.

 

  1. Internet, Cable, and Phone:
  • Provider Name: [Insert Provider Name]
  • Customer Service Number: [Insert Customer Service Number]
  • Account Number: [Insert Seller’s Account Number] (for reference)
  • Instructions: Each provider has different procedures for transferring services. Contact them directly to discuss the transfer or installation of the new service. Be prepared to provide personal identification and choose a service plan.

________________________________________

Additional Notes:

  • Forwarding Address for Final Bills: [Insert Seller’s New Address]
  • It is recommended that both parties keep a record of all account numbers and confirmation numbers for services transferred.
  • Buyers should perform their due diligence and contact each utility company to confirm the transfer has been completed.

 

Acknowledgment by Seller:

 

Signature: _____________________

Print Name: ___________________

Date: _______________

 

Acknowledgment by Buyer:

 

Signature: _____________________

Print Name: ___________________

Date: _______________

This template is designed to help the organization and communication necessary for transferring utilities. Adjustments may be needed based on local utility providers and specific requirements. It is always a good idea for both sellers and buyers to verify all details directly with the utility companies to ensure a smooth and uninterrupted transition of services.


Seller’s Net Sheet Template

 

Creating a Seller’s Net Sheet is an invaluable tool for sellers to estimate the net proceeds from the sale of their property, accounting for all the potential costs involved in the transaction. Below is a simplified template for a Seller’s Net Sheet. This template can be included in resources for sellers, either within a book or as a downloadable resource, offering clear guidance on estimating the financial outcome of their property sale.

 

Property Address:

[Insert Property Address Here]

Seller’s Name:

[Insert Seller’s Name Here]

 

Sale Information:

  • List Price: $[Insert List Price]
  • Expected Sale Price: $[Insert Expected Sale Price]

 

Costs and Deductions:

 

  1. Real Estate Agent Commission:
  • Listing Agent: $[Insert Amount or Percentage of Sale Price]
  • Buyer’s Agent: $[Insert Amount or Percentage of Sale Price]

 

  1. Loan Payoff (if applicable): $[Insert Loan Payoff Amount]

 

  1. Prepayment Penalty (if applicable): $[Insert Prepayment Penalty]

 

  1. Mortgage Points to Buyer (if agreed): $[Insert Amount]

 

  1. Home Warranty for Buyer (if agreed): $[Insert Cost]

 

  1. Closing Costs:
  • Attorney Fees: $[Insert Amount]
  • Title Search: $[Insert Amount]
  • Escrow Fees: $[Insert Amount]
  • Recording Fees: $[Insert Amount]
  • Transfer Tax: $[Insert Amount]
  • Other: $[Insert Amount]

 

  1. Home Inspection Repairs: $[Insert Estimated Cost]

 

  1. Home Staging and Improvements: $[Insert Cost]

 

  1. Other Expenses: $[Insert Cost]

 

Total Costs: $[Insert Total of All Costs]

 

Net Proceeds:

  • Expected Sale Price: $[Insert Expected Sale Price]
  • Minus Total Costs: $[Insert Total of All Costs]
  • Net Proceeds to Seller: $[Insert Net Proceeds]

 Instructions and Tips for Sellers:

  • List Price vs. Sale Price: Your list price is your asking price, while the sale price is what the buyer agrees to pay. The expected sale price can be the same as your list price or vary after negotiations.
  • Estimating Costs: It’s crucial to accurately estimate or get quotes for the various costs associated with selling your home. This includes commission fees, any agreed-upon concessions to the buyer, and your own closing costs.
  • Loan Payoff: Ensure you have an exact payoff amount from your lender if you have an outstanding mortgage.
  • Net Proceeds: This is an estimate. The actual net proceeds may vary based on the final sale price and actual closing costs.
  • Professional Advice: Consult with your real estate agent, attorney, or financial advisor to get exact figures for your specific situation.

Seller’s Acknowledgment:

Signature: _____________________

Print Name: ___________________

Date: _______________

 

This template provides a structured format for documenting the improvements and repairs made to a property. It’s essential for the seller to maintain accurate and detailed records, as these can significantly impact the property’s perceived value and can be a key negotiating point in the sale process. Always consider consulting with a real estate professional to ensure the documentation meets the needs of potential buyers and is presented effectively.


Unlocking Your Connecticut Home’s

Potential with Steve Schappert

 

When it comes to selling your home in Connecticut, choosing the right real estate broker can make all the difference. Steve Schappert isn’t just any broker; he brings a unique blend of expertise to the table, combining years of experience as a decorator, renovation contractor, and builder with his real estate acumen. Here’s why calling Steve Schappert is the best move for your Connecticut home sale.

Comprehensive Expertise

  • Market Savvy: With his extensive background in real estate, Steve understands the Connecticut market inside and out. He knows what buyers are looking for and how to position your home to sell quickly and at the best possible price.
  • Design Eye: As a seasoned decorator, Steve can advise on staging your home to highlight its best features. His expert eye for design ensures that your home will make a strong first impression on potential buyers, both online and in person.
  • Renovation Insight: Steve’s experience as a renovation contractor and builder allows him to find which updates and repairs will most significantly boost your home’s value. He can suggest practical improvements that appeal to buyers and provide a solid return on investment.

The Triple Threat Advantage

  • Strategic Pricing: Using his comprehensive understanding of the market and the intrinsic value added through design and renovation, Steve strategically prices your home to attract serious buyers.
  • Targeted Improvements: Instead of suggesting blanket upgrades, Steve finds specific, impactful changes that will make your home more attractive to potential buyers. This targeted approach maximizes your budget and enhances your home’s appeal without unnecessary expenses.
  • Seamless Process: From listing to closing, Steve orchestrates the entire process with precision and care. His ability to oversee renovations, stage homes for sale, and navigate the complexities of real estate transactions ensures a seamless and stress-free experience for sellers.

 Why Call Steve Schappert Now?

  • Local Knowledge, Global Reach: Steve combines deep local market knowledge with a broad network of potential buyers, both locally and from outside the state. This extensive reach increases the visibility of your property and the likelihood of a quick sale.
  • Personalized Service: Steve understands that selling your home is a personal journey. He offers customized service that respects your needs and goals, ensuring that you feel supported and informed every step of the way.
  • Proven Track Record: Steve’s unique skill set not only sets him apart but has also led to a proven track record of successful sales in Connecticut. His comprehensive approach to selling homes results in satisfied sellers and happy new homeowners repeatedly.

In Conclusion: Selling your home requires more than just listing it on the market. It demands a strategic approach that considers every aspect of the property—from its market positioning to its physical condition and aesthetic appeal. Steve Schappert offers a one-of-a-kind combination of skills that can unlock your home’s true potential and achieve a successful sale. If you’re considering selling your Connecticut home, calling Steve Schappert now could be the best decision you make. If you live in CT Call Steve Schappert for a free consultation. 203-994-3950

Testimonials & Reviews for Steve Schappert

Thomaston Realtor

Here’s a list of people whom I have helped buy or sell a home, and what they said about working with me:

“I work for the number 2 commercial real estate professional services company globally. Therefore, I have interacted with thousands of folks in the industry. Steve is the ONLY person my wife and I trusted to find our personal dream home, discuss residential market trends with and basically completely trust. I suggest you give Steve a call, it will be time well served.” –Stan Bernard, Senior Director, IT Services @ JLL.

“I am blessed to have worked with Steve; he was very attentive to me in my home buying journey. Steve absolutely knows real-estate and was great at explaining everything I needed to know. He is kind and went above and beyond for me, even taking me to Home Depot and hanging blinds in all the windows in the house for me and so much more. I would recommend him to my friends and family, and I would work with him again given the Opportunity.”  -Tracy Thompson

“I have been working with Steve for a long time and it never ceases to amaze me with his breadth of knowledge of all things real estate. Whether it’s looking for your dream home or investing, he can add value to your decision making.” -Don Altland

“Steve was an awesome realtor he came out many times to help us prep our house and gave us a lot of suggestions and even put in the leg work … Would highly recommend. Also, I’ve read his book. it goes along with how he helps.” -Shawn Kennedy

“For the past several months, I’ve been trying to buy a home. It has been extremely challenging, frustrating, and heartbreaking. The only good thing that has come out of it (so far…hopefully I will net a new home) has been my real estate agent, Steve Schappert of CT Real Estate. He’s gone through great lengths, he’s been on our side, he’s not pushed us into any house, he is patient, a negotiator, he knows real estate and he knows how houses are built because he was a builder in his day.

It’s a tough market out there and I highly recommend his services. I thought I could do it on my own, but I am glad he’s on my side. If you are ever looking to buy a house anywhere in CT (he travels and he knows a lot), I recommend him whole heartly. He has dropped everything to go see a house or meet with attorneys or whatever is needed.

Call him up, test him out, if you like him, he can show you ways to save money. His main focus is on buyers.” – Ted Ferik

 

“Best realtor I dealt with kept me informed on everything he was doing even before we sold the house, He put it on the market it sold fast, if you’re looking for a realtor Company I highly recommend!!!!” – Keith Simon

“Steve loves what he does and goes above and beyond to ensure that each and every client is satisfied and provides spectacular insight. In addition, he is an exceptional, trustworthy and a straightforward individual. Steve continues to dedicate his life to making sure every client gets the utmost, top-quality service.” – Lauren Jolly

“Steve from Connecticut Real Estate was incredibly helpful in getting me and my husband our new home. He was extremely knowledgeable and could answer every question we had. He made the entire process easy to understand and we knew we could trust him every step along the way.” -Lauren Arsenault

“Steve was a heaven sent I was in search of a home for months with so many other realtors who was just not listening to my needs and wants and what was best for children. and after 2 months of meeting with him he heard me and respected my wishes he didn’t want to just sell me a home because he could he gave me solid Advice that’s made sense for my family. We closed on my house in Torrington wishing two months of meeting him. he is the absolute best would recommend him to any one …” -Soskia Brown-Cox

 

Here’s How You Can Get Free Professional-Quality

Pictures to Market Your Home

 

Most buyers “view” your home for the first time when they see it online. The pictures they see form their “first impression” of your home. As you know, first impressions matter! This is why professional-quality pictures are so important to your sale. If the buyers like your home — based on the pictures they see online — they are more likely to schedule a showing. But, if they don’t like them, they are less likely to schedule a showing — and, that’s a potential buyer you miss out on.

Because pictures are so important, I’m offering to take free professional-quality photos of your home. You can use these pictures to market your home for sale by owner. This is 100% free with no obligation — provided you only use them to market your home by owner. Now, I’m sure you’re thinking, “Why would a Realtor offer me this for free? It doesn’t make any sense.”

Here’s why. It’s like when you go to the grocery store, and someone offers you free samples. They give you the food samples, whether you buy more food from them. That’s why I’m giving away the pictures. They are a free sample of what I can do to sell your home.

So, if you’d like free professional-quality photos of your home, give me a call on 203-994-3950.

We’ll schedule a time that works for both of us for me to come and take pictures of your home. I look forward to helping you!

Best Regards, Stephen Schappert

Steve Schappert

Connecticut Real Estate Brokerage LLC.

Broker@CTREB.com

203-994-3950

Table of Contents

            Foreward

  1. Introduction: Welcome to the Systems……………………………………………………….…………..……8
  2. Unlock Your Profit Potential: The Value of Hiring a Top-Notch Agent……………….…..…..14
  3. Financial and Legal Foundations: Setting the Stage for a Profitable Sale……………………21
  4. Embark on Your Profitable Journey: Unveiling the Secrets to Selling Your Home..……35
  5. Unleash Your Selling Potential: The Game-Changing 80/20 Rule…………………………….49
  6. Invest Smart, Profit Big: Strategic Upgrades for Maximum ROI …………………………….….57
  7. Curbside Charm: Transforming Your Home’s Exterior for Maximum Profit………….…..…69
  8. Declutter For Dollars: The Profitable Power of Depersonalization and Organization……79
  9. Furry Friends and the Sale: Balancing Pet Presence for Home Appeal………………………90
  10. Green Gains: Turning Sustainability into Profitability in Real Estate…………………………..98
  11. Artful Impressions: Elevating Perceived Home Value Through Strategic Art Staging…108
  12. Stage Your Success: Crafting Irresistible Spaces to Amplify Your Home’s Value…………115
  13. From Pitfalls to Profit: Navigating Common Seller Mistakes……………………………….….124
  14. Learning from the Best: Extracting Gems from Others’ Selling Experiences………..…..133
  15. Market Like a Pro: Insider Strategies to Showcase Your Home’s True Worth………….…143
  16. Buyer Magnetism: Strategies to Attract and Secure Profitable Buyers………………………153
  17. Digital Showcasing Mastery: Maximizing Your Online Presence for a Quick Sale……162
  18. Master the Art of Negotiation: Elevate Your Profit Potential…………………………….….168
  19. Sweetening the Deal: The Power of Incentives in Home Sales Strategy……………….…..181
  20. Sealing the Deal: A Guide to Closing with Confidence………………………………………….…190
  21. Selling Land: Under everything is the land…………………………………………………….………199
  22. Selling Multi-Family Homes: Increase profits with multiple units………………………..208
  23. Leasing & Renting: Profiting without a sale…….………………………………………………….…216
  24. Analysis of 99 Home Improvements: Description & benefits…..……………….………..240

Glossary: A glossary has been provided at the end of this book. …………………………………………341

If real estate terminology is new to you, it might be beneficial to start there to enhance your understanding of the concepts.

Example Forms: Essential Tools for Real Estate Transactions………………………………..………..345

 

 

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