All the Parties Involved in a Home Sale

Selling a home is one of the biggest transactions you’ll ever be involved in, and there are many different people involved.
There are a variety of opportunities in the Central Pennsylvania real estate market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

There are a lot of different people involved in the sale of your home. Most people involved are very familiar, with the Realtor being the most common face of the transaction. As a seller’s agent, for example, I offer specialized knowledge in research, negotiations, and marketing to help homeowners meet their selling goals. A seller’s agent needs to establish a fair asking price and marketing plan for maximum exposure along with advising the seller on how to present their home to maximize its appeal to buyers. A seller’s agent will also screen all written offers, check buyers’ mortgage qualifications, and assist in making counteroffers. After an offer has been accepted, the seller’s agent will follow with a home inspection, appraisals, and troubleshoot any problems that arise before closing.
A seller’s agent provides specialized knowledge in marketing, negotiation, and research.
The mortgage company provides the necessary capital for the homebuyer. The title company ensures all aspects of the transaction is completed and a clear title passes from the seller to the buyer. An appraisal is done to make sure the value of the home matches the purchase price by providing an unbiased estimate of what a buyer might expect to pay or what the homeowner will receive for a piece of property. Most people will turn to a licensed, professional appraiser for this step. A home must appraise at or above the sale price or a lender won’t give the buyer a loan.

Hopefully this gives you a picture of all the important pieces of a real estate transaction. If you have any questions or you’re thinking of buying or selling a home in the Harrisburg area, give me a call or send me an email. I’d be glad to help!