Selling Your Home? Let’s Make It a Standout Success.
Sell Your Home with Confidence and Local Expertise
Your Home Deserves More Than Just a Listing
It deserves attention. It deserves strategy. It deserves results. And that’s exactly what we bring to the table. At The North Group, we believe selling your home is more than just a transaction—it’s about crafting a plan that highlights its best features and draws in the right buyers. From the moment we set the price to the very last step of closing, we ensure your home is not only priced right but also presented in the best light possible.
We don’t believe in “just listing” homes; we believe in creating an experience that gets your home noticed and keeps it top of mind for buyers.
10 Steps to Closing
Congratulations on securing a fully executed contract! This marks the first in a series of important steps toward closing. Please keep this guide handy and refer to it as needed. We’re always available to answer any questions.
1. Maximizing Buyer Interest
When you offer to cover the buyer’s agent commission, it can make your property more appealing to a larger pool of serious buyers, especially those who may have limited funds available for upfront costs.
2. Submitting Financial Documents
Your buyer will submit the signed contract along with all necessary financial documents to their bank for financing. This could happen right after the contract is executed or after they’ve shopped for the best interest rate. There is no specific deadline for this, as long as the buyer produces the bank’s commitment letter by the date agreed upon in the contract.
3. Appraisal Process Initiation
Once the bank has received and reviewed the buyer’s documents, they’ll hire a third-party appraiser. The appraiser will assess the property value based on recent comparable sales and similar features. The focus will be on properties with the closest match, whether co-ops, houses, or multi-family homes.
4. Appraisal Scheduling
The appraiser will coordinate access directly with me. Your presence isn’t required. However, it’s important to present your home as if it’s being shown to potential buyers —ensure it’s clean and tidy.
5. Receiving the Appraisal Report
The appraisal typically takes up to 10 business days. Sometimes buyers will share the appraised value, but that’s optional unless the appraisal comes in lower than the contract price, which could impact the deal.
6. Commitment Letter Timing
Once the appraisal is in, the commitment letter should arrive within 10 business days, or up to two weeks.
7. Board Package (For Co-ops)
If you’re in a co-op, the buyer’s broker will assist them in gathering all necessary documents for the board package. Once complete, we’ll review and submit it to the managing agent. You may be required to sign certain management documents, but beyond that, your involvement is minimal. After reviewing the application, the board will schedule an interview with the buyers.
8. Finalizing the Bank’s Clearance
Once the commitment letter is received, the bank will work on clearing the buyer to close. This often involves updating outdated financials or submitting additional documents.
9. Scheduling the Closing
Attorneys will finalize the closing date once the lender confirms the buyer is cleared. It’s important to communicate your preferred dates and times with your attorney.
10. Final Walkthrough
Before closing, the buyer will do a final walkthrough to ensure the property is in the same condition as when they signed the contract. If anything changes between now and closing, please inform me immediately so we can address it in time.
TNG Sellers Roadmap
Get Your Free Seller’s Guide
Ready to sell? Get expert tips, market insights, and a step-by-step strategy to sell your home with confidence. Fill out the form below, and we’ll send your comprehensive Seller’s Guide right to your inbox!
Smart Marketing. Serious Exposure.
Forget old-school marketing. We take a data-driven, high-impact approach:
- Professional Photography & Video – Because first impressions matter.
- Targeted Digital Advertising – Reaching the right buyers, not just any buyers.
- Strategic Pricing & Market Analysis – So you sell at the best price, not just any price.
- Expert Negotiation – Because every dollar counts.
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