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disclosures

..since 1984

..sample disclosures

..timing


escrow


fiduciary


marketing

..before going public

..online marketing


multiple listing faq


real estate tax

..bills online

..prop 13

..prop 60

..prop 90


resale ordinances


seller expenses





PRIMER FOR HOMEOWNERS
SELLING WITHOUT A BROKER

Some homeowners elect to market the sale of their homes on their own in order to avoid the real estate commission. Commissions are negotiable. Assuming a 5% commission on an $800,000 home it is $40,000; on a $1,300,000 home, it is $65,000. This site is for them. It is not intended as a site to encourage others to sell on their own.


To help in understanding the standard transaction we break it down into its three component parts.

DISCLOSURES

Prepare homeowner disclosures - both contractual and statutory, and place them on a web page. Assist in compliance with resale ordinances. We recommend completing this phase before listing the home - whether the transaction is by-broker or by-owner.

NEGOTIATION

Confirm buyer's pre-approval status. Open escrow. Review the Preliminary Title Report. Prepare the purchase contract (often involving multiple drafts), addenda, and counter offers. Upon execution of the purchase agreement, monitor buyer compliance with inspections and acknowledgement of disclosures.

CLOSING

Verify buyer's supplemental deposit. Coordinate with buyer's mortgage lender and appraiser. Oversee removal of the appraisal and financing contingencies. Order payoff demand(s). Coordinate with escrow on estimated closing statements and signing of documents by the parties. Coordinate transfer of title, possession, keys, utilities.


On a case-by-case basis we will consider representation outside of San Francisco and Marin Counties.

Clients must be comfortable with online communication.


All information on this site is deemed accurate but should be independently verified. In addition, some information is date sensitive.

For specific questions and inquiries on a pending transaction contact the Lawyer Referral Service for the County in which the property is located.


Leopold A. Rodriguez, Attorney at Law
400 Montgomery 505 San Francisco 94104 ~ 415.781.3000
leopold.rodriguez@sonic.net

Copyright ©2006 through current year
Leopold A Rodriguez, All Rights Reserved