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
CALL | TEXT | EMAIL