Dawna Davies and her assistant Jodi Blanchard did an exceptional job in helping us sell our home in San Luis Obispo. Dawna’s intelligence and knowledge of the business made the whole complex process easy for us to understand and navigate. What seemed like counter-intuitive advice at the start—that we should be extremely thorough in discovering any possible problems with the forty year old house and present them in advance—turned out to streamline the final transaction by building trust in potential buyers and removing the possibility of unpleasant surprises and uncertainty for us. Her contacts with a wide range of local business people who carried out many preparatory operations quickly and economically offered another unique benefit. Her tact and amiability made our numerous interactions pleasant rather than wary. And Jodi’s work in converting the box full of documents from our files into a coherent house-maintenance-history binder meticulous and creative. From start to finish our involvement with Davies Company was personally as well as financially rewarding.
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Find the right real estate broker - Make sure your agent has experience in buy/sell transactions and is seasoned with strategic planning, sequencing, and anticipation.
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Put your property on the market- Make the sale contingent upon you finding a suitable replacement property. Price fairly to attract buyers and prepare property well.
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Get a buyer for your property- Wait patiently through the time period for your buyers’ inspections, loan approval, etc. and their full contingency removal. The further you go through the transaction, the more solid your buyer will become, and the more confidence you will have with making offers on your next home.
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Find your new home- After the buyer is in place, go house hunting and make an offer contingent on selling your property. Because your current house is in escrow, and if the buyers contingencies are removed, your offer will be more attractive to the seller.
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Close escrow in the right order- Escrow should close on your past house first, then within a few days close on your new house. Proceeds from your house sale can be wired to your new house purchase.