The Southbridge Towers Selling Process
A step-by-step checklist to selling your apartment. What to expect when you decide to sell your SBT apartment.
SELLER’S CHECKLIST –
› Interview Real Estate Agents
Meet with and interview several real estate professionals.
› Sign Exclusive Contract
The listing contract allows your real estate agent 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, submit and negotiate all 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
Our SBT coop board specialist will sit with Buyer(s) to ensure the coop board package is 100% complete and 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.
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