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Guaranteed sale, guaranteed price:
When you accept an offer from ERA Franchise Systems, Inc., the Sellers Security® Plan assures you that ERA Franchise Systems, Inc. will buy your current house if it doesn't sell within 180 days from the application date. ERA Franchise Systems, Inc. guarantees the purchase price offer, so you'll know in advance the minimum you can expect from the sale of your house. You'll also have plenty of time to see if any other buyer is willing to pay more.
You get the profit, ERA Franchise Systems, Inc. covers any loss:
Almost always, you will receive more than the price guaranteed by the agreement. If ERA Franchise Systems, Inc. ends up purchasing your house and then resells it for more than we have in it (including holding and closing expenses), the net profits are returned to you. But if ERA Franchise Systems Inc. sells it for less, you don't take the loss, ERA Franchise Systems, Inc. does.
The ERA Mortgage Equity Advance Option allows qualified buyers to borrow against equity. You may use up to $500,000 of your available equity from the ERA® offer to purchase and close on your new home financed through ERA Mortgage. So if the down payment on your new home is contingent on the proceeds from your old one, the ERA Mortgage Equity Advance Option has you covered. For more details, e-mail us at Info@ERARealife.com for more information.
The ERA® offer eliminates the uncertainty of contingency offers giving you the flexibility to move when you want. You are in a better negotiating position than other buyers who may still have to sell a home.
Your house must be a single-family primary residence. Houses must have an average appraised value of at least $50,000 and not more than $750,000. Mobile homes, co-ops, or multi-family homes are not eligible for the plan. Properties that have an abandoned storage tank on site are also not eligible.
Our Commitments to Sellers1. Pricing: Complete a thorough, comparative market analysis of your property based on similar sales and competing properties to estimate the probable selling price and competitive asking price.
2. Marketing: Develop a custom marketing plan detailing advertising throughout major news paper publications, custom brochure advertising, internet marketing, showing procedures, open houses and listing of property throughout the Northern Illinois Multiple Listing Service.
3. Preparation: Assist you in preparing your home for sale. With our knowledge and experience we know why people do not choose a property to purchase, as well as why they do. We will walk through your property with you and make recommendations on how you can dress your house to sell. We will ensure that any necessary disclosures are properly completed and available for buyer review, including Seller's Property Disclosure, Lead Paint Disclosure, Heating Disclosure and any other necessary disclosures depending on property type and location.
4. Communication: One of the most important aspects of selling a home is communication between agent/broker and seller- "What are buyers saying about my home? Why isn't anyone making an offer?" These questions would not be an issue with our regular follow-up after your home is shown to potential buyers. Additionally, our agents tour new listings so they know how to describe your property to a customer calling with an inquiry. We also utilize this opportunity for agents to critique our listings with respect to pricing, condition and valuable commentaries. We'll review your competitive selling position minimally every 30 days so you are constantly aware of market activity in your area.
5. Offers To Purchase: Every offer is important and must be reviewed in it's entirety with respect not only to price, but buyer qualifications, personal property included in offer, earnest money deposit, mortgage contingency, closing date, possession date, use and occupancy after closing and other items of importance. Each and every offer to purchase will be reviewed with seller in its entirety and thoroughly discussed prior to an offer being accepted, rejected, or counter-offer made. Agent/Broker will assist seller in re-analyzing market conditions and position to make logical, sound decisions. Agent/Broker will assure that all offers are presented in a timely fashion and properly executed by all parties, including necessary disclosures.
6. Follow Up: Another very important aspect of a successful real estate transaction is the follow through after a contact is agreed upon. Our services include, but are not limited to:
Delivery of sales contract to client's attorney timely enough for proper review and/or modification, including fact sheet informing attorney of all parties involved ( brokers, agents, buyer, seller, respective attorneys and lenders).
Arrange property inspection and review results or buyer requests after completion of same.
Arrange property appraisal and meet appraiser with proper documentation and information to justify sale price of property.
Arrange any other additional inspections required by local ordinance or lender.
Continually keeping a line of communication open between attorneys, inspectors, lenders, agents, brokers and clients until the loan is fully approved and the closing is consummated.
*Neither ERA Franchise Systems, Inc. nor its affiliated companies, including Cendant Corporation, provides any product or service in connection with the ERA Mortgage Equity Advance Option. All products and services provided by ERA Mortgage.
ERA Mortgage, 3000 Leadenhall Road, Mt. Laurel, NJ 08054. Arizona Residential Mortgage Licensee #BK 0903622; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act; Georgia Residential Mortgage Licensee #6266; Illinois Residential Mortgage Licensee #5941, 310 South Michigan Ave., Suite 2130, Chicago, IL 60604, 312-793-1409; Massachusetts Licensed Lender #ML1945; Minnesota - This is not an offer to enter an interest rate lock-in agreement; Mississippi Registered Mortgage Company; Licensed by the New Hampshire banking department; Licensed by the N.J. Department of Banking and Insurance; Licensed Mortgage Banker - NYS Banking Department; Licensed First Mortgage Banker and Secondary Mortgage Lender by Pennsylvania Department of Banking; Rhode Island Licensed Lender. In Virginia and Massachusetts, mortgage services provided by ERA Mortgage Corporation. ERA Mortgage is an Equal Housing Lender.
ERA® is a registered trademark licensed to ERA Franchise Systems, Inc.
ERA Realife, Inc.
5835 W. Montrose
Chicago , IL 60634
Phone: 773-286-8115
Email: Info@EraRealife.com
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