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You Are Ready to Sell
Your Home

Your first step is to have KMS Partners assist you with practical ideas on how to successfully prepare your home for sale. This is a good time to gather the paperwork you will need—such as a property survey; well and septic maps; improvements made and a yearly ballpark figure of all household expenses—gas, oil, electricity, water, lawn care, trash removal. You will need to select a Connecticut Real Estate attorney to assist you. KMS will provide a list of attorneys and movers if needed.

What should I list my home for?

Many factors affect the list price of a home--location, condition, amenities, supply, demand, as well as local and global market conditions. We will prepare a thorough market analysis and a realistic, competitive pricing strategy.

What is the property disclosure form?

From January 1996, sellers of one to four family houses are required to provide potential buyers with a completed and signed property condition disclosure form. Failure to provide this form will result in a monetary credit to the buyer at closing.

Full service personal marketing presentation

The relationship between you and KMS Partners is the key to a successful sale. Your home and needs are unique. We custom design a Marketing Plan to sell your property that meets your goals and alleviates all concerns. KMS Partners.com was created by us to give all sellers the very best internet exposure possible. In addition, our listings are included on 10+ websites, including Realtor.com, ColdwellBankerMoves.com, Yahoo.com, NYTimes.com, and Coldwell Banker’s Global websites. Yahoo and Google users will find Coldwell Banker listed number three for Real Estate information. We also utilize CraigsList for additional listing and open house exposure.

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A buyer presents an offer

When an offer is presented, KMS Partners will advise and help you to obtain the best possible price and terms. Having buyers pre-approved and qualified is of the utmost importance in negotiating a successful sale. We will represent your interests and develop a clear and binding transaction.

The offer

Typically the offer is presented by the Buyer’s Agent. The following information is included:

  • The amount the buyer is willing to pay
  • Mortgage amount—if any
  • Closing and occupancy dates
  • Contingencies—Mortgage commitment date, inspections including-- building, pest, well, septic,
    underground oil tank, radon, water potability, asbestos and lead.
  • Contract signing date
  • Any personal property specifically included or excluded in the sale

If an offer is not acceptable to you, further negotiations may be necessary to reach terms agreeable to both parties. Counter offers are common—any change in the offer can be considered a counter offer. KMS will remain in close contact with you during this process so that proposed changes can be reviewed and dealt with quickly.

Contract

Contracts are prepared by the sellers’ attorney and sent to the buyers’ attorney. They are signed by the buyer and a check for 10% of the purchase price is deposited into the buyers’ attorney escrow account. The contracts are returned to the sellers’ attorney and then signed by the sellers. When the contingency dates have been met, the only event pending is the final walk-through and closing. The house must be in “Broom Clean” condition and thoroughly vacated. KMS closely monitors all contingency dates to be sure they are met on time.

Closing

The closing is a formal process where all parties sign the necessary paperwork. Title is transferred from the seller to the buyer. The buyer receives the house keys and the sellers receive the payment after all transaction fees (payment of existing mortgages and state and town conveyance taxes) are paid out. Deeds are then filed in the local records office. KMS will provide sellers with fee schedule for state and local conveyance taxes.