SBT – Seller’s Checklist

The Southbridge Towers Sales Process

A step-by-step checklist to selling your apartment. What to expect when you decide to sell your SBT apartment.


  • Interview Realtors

Meet with and interview several real estate professionals.


  • Sign Exclusive Contract

The listing contract allows your Realtor to begin working for you.


  • Prepare Apartment for Showings

We will consult with you to determine if the apartment would benefit from; painting, cleaning, staging and minor repairs if needed.


  • Launch Marketing Campaign

Marketing your property in the broker database, directly to the public, and to our SBT qualified buyer list.


  • Schedule Open Houses & Showings

We will schedule and manage all open houses and private showings.


  • Manage Offers & Negotiations

Collect and present all offers to owner(s), provide recommendations and submit counter offers until accepted.


  • Prepare Deal Sheet for Attorney

Prepare deal sheet, financial statement and pre-approval letter for sellers attorney to prepare contracts to send to buyers attorney.


  • Assist Buyer with Coop Board Package

We have a SBT coop board specialist who will sit with Buyer(s) to ensure the coop board package is 100% accurate.


  • Obtain Commitment Letter From Lender

If Buyer is financing purchase, a final commitment letter from the lender is required when submitting the board package.


  • Submit Completed Board Package

Submit completed board package with commitment letter to the SBT management office for board review.


  • Board Interview & Approval

Buyer(s) will be contacted by SBT management to schedule a 15 minute board interview prior to the next monthly board meeting.


  • Attend Closing

Attend closing at SBT attorney’s office. Collect funds associated with final sale of cooperative apartment.


 

Michael A. Roché
Area New York – Broker / Owner
Office: (212) 227-8281 | Mobile: (917) 392-3534
Email: michael@areanyc.com
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