Selling Information -> Steps in the Buying and Selling Process
START Prospect considers the purchase of a home |
END Closing |
START Homeowner decides to sell |
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Buyer selects sales associate | Pre-closing inspection | Seller selects listing associate | ||
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Buyer obtains mortgage pre-approval | Final mortgage approval; title/escrow company searches title | Seller prepares the home for marketing | ||
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Insepct homes that meet the buyer's requirements | Buyer makes mortgage application, appraisal, credit report, and home inspection | Broker/Agent markets the home | ||
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Select home, write offer and present it through selling agent | ![]() |
Offer accepted | ![]() |
A showing results in an offer through the listing agent |
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Possible contingencies | Possible contingencies |