A wise real estate investment is more than buying or selling a property. It’s creating a foundation for your future. This is where our journey begins.
Selling a home is all about strategizing to get the best and highest offer possible as well as one that will get to the closing table. We want to lay the foundation with real estate market education so you can make the most informed decisions and experience a smooth sale process.
We understand that selling is a part of most people’s real estate journey, as we buy and sell more than once in our lifetimes.
Everything starts with a connection.
We will connect via your preferred mode of interaction [phone, email, Zoom, in-person, etc.] and listen to your reasons for selling as well as your priorities in the sale of your property. Next, we walk through your home! Although we will do plenty of research beforehand, this is the only honest way to give a truly accurate list price suggestion. Once we decide to work together, we will discuss marketing options such as professional staging, professional photography, and any potential work that may need to be done to the property before going live on the market. We will also discuss pricing strategy so that you're comfortable with the plan moving forward. From there, we will schedule all milestones and send you a Listing Schedule containing all of our dates.
After your property goes on the MLS [and syndicated websites such as Zillow, Realtor.com, etc.], we will help to ensure that the BEST offer [and one that will get to Closing] is the one that turns into a contract. We will walk you through the entire under contract process, coordinating contractors and whomever else may be a necessary part of the journey to get to Closing. Finally, Closing occurs where the ownership of the property is transferred to the buyer. Possession of the property may or may not take place at this time, depending on what we have negotiated between buyer and seller.
Want detailed information on how The Aster Lane Group manages listings?
Real Estate Terms and Definitions
Real estate jargon doesn’t need to feel like a foreign language.
From learning how to prioritize your buying or selling goals to understanding wealth-building through real estate, we want to help you know what it all means for you, your life, and your future. That way, you can start making confident choices because you know what you want, how to achieve it, and how to make a wise investment in real estate.
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You are “under Contract” when both you and the other party [buyer or seller] have signed [“executed”] the Contract to Buy and Sell Real Estate. This document starts out as the “offer” and turns into the contract once signed by both buyer and seller. This executed document binds you to the terms of the Contract.
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The right to [or ownership of] the property and the “bundle of rights” that come with that property: possession, control, enjoyment, exclusion, disposition [the right to will, sell, or transfer the property], and encumbrance [the right to “burden” the property, such as with a mortgage lien].
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The company that provides a Title Commitment, conducts the closing and provides Title Insurance for the property being sold.
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A commitment to issue a Title Policy to the buyer once the property has been sold to the buyer.
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An agreement between the Title Insurance Company and the buyer that the Title Insurance Company will protect the buyer against certain claims by third parties to title rights of the property. There are exceptions, conditions, exclusions, and stipulations to these protections, and these are included in what’s called Schedule B of your Title Commitment.
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Funds from the buyer [and held on behalf of both seller and buyer by the title company] that typically vary from 1%-3% of the purchase price of the property. These funds represent “good faith” money that the seller has rights to if the buyer defaults [breaks the terms] of the Contract. If the buyer does not default on the Contract, the Earnest Money is applied to the purchase price of the property on behalf of the buyer at Closing.
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A third-party Inspector will typically inspect the property, pointing out and identifying different features as well as items that may need repair or replacement.
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An Objection is a legal right in a Contract to Buy and Sell Real Estate that allows a buyer to bring up issues at a specific milestone in the under contract process. If a Resolution is not achieved once an Objection has been made, the Contract automatically terminates.
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A Resolution is a legally binding agreement between buyer and seller that addresses objections brought up in an Objection.
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A real estate Closing conducts the legal transfer of a property from seller to buyer.
The Aster Lane Difference
We thoroughly enjoy taking off some of the pressure to sell your home so you can achieve even greater financial security. By following the data of the Metro Denver real estate market daily, we’re able to help you obtain the highest and best offer possible so that you can continue to move forward and achieve your goals.