Special offer

Guaranteed Home Sale Program

By
Real Estate Agent with Long and Foster Real Estate, Inc.

Guaranteed Sales

With Long & Foster's innovative Consider It Sold® marketing programs, you can be assured of the sale or lease of your home in time to take delivery of your next home. Take a look at the program details below for resale and new homes.   For more information on Consider It Sold®, please contact a Long & Foster Sales Associate   Resale Home Here's how the program works for a resale home:
  1. Ask any Long & Foster Sales Associate about Consider It Sold®. Your Long & Foster Sales Associate will work with you to select your next home.
  2. Select your next home with the confidence that you can become a non-contingent purchaser.
  3. When you sign an agreement to purchase your next home, if you have a home to sell, the contract will be contingent for ten days upon your acceptance of Long & Foster's Equity Agreement.
  4. When you participate in our Consider It Sold® Program, your Long & Foster Sales Associate will market your home for up to 150 days prior to the scheduled settlement of your next home. If your home is sold during that time, at a price which nets more than the amount guaranteed, you will receive the full benefit of the additional equity; you will receive 100 percent of the sales price, less a program fee and customary selling expenses. listing Sales Associates not affiliated with Long & Foster who agree to comply with program procedures may retain the listing for the first 90 days of the program.
  5. At the end of the listing period, you will receive the net equity guaranteed to you at the time you accepted the Equity Agreement.
  New Home Here's how the program works for a new home:
  1. Purchase your new home from a builder who offers Long & Foster's Consider It Sold® Program. When you sign an agreement to purchase your new home and have an existing home to sell, normally, your contract will be contingent on the sale of your existing home. With Long & Foster's Consider It Sold® Program you become a non-contingent, cash buyer.
  2. Consider It Sold® takes the guess work out of selling your home. The Consider It Sold® Program is unique. Our purpose is to provide you with a selection of proven marketing programs and then help you select the program which best fits your needs. Consider It Sold® consultants do not list or sell houses within our programs. Their only responsibility is to assist you with the best program in order to market your home fast, at the best possible price, and to follow-up to assure that everything possible is being done to accomplish your new home goal.
  3. Select the marketing program which is right for you. Your Consider It Sold® marketing consultant will help you select from the following programs:
Guaranteed Sales Program Your home will be marketed for up to 150 days prior to the scheduled settlement of your new home. At the end of the program, you will receive the net equity guaranteed to you at the time you accepted the Equity Agreement and be relieved of all further financial responsibility on your existing home. However, when your home sells during the Program and at a price which nets more equity than the amount we have guaranteed, you will receive the full benefit of the increased equity. listing agents not associated with Long & Foster may retain the listing for the first 90 days of the program provided they comply with Program procedures.   Guaranteed Lease Program In certain instances, you may wish to retain ownership and lease your present property rather than deal with an equity guarantee which does not meet your needs. A guaranteed lease offers you the same ability to immediately become non-contingent for the purchase of your new home. This program is set up with the intention of guaranteeing an agreed upon rent flow to you in the event you're property is not leased prior to settlement on your new home. In addition, if you use the services of our Property Management division, we will guarantee a rent flow for a twelve month period.   Both programs act as insurance policies to make you a non-contingent buyer. As a non-contingent buyer, you will be in a much better position to have your builder promptly start contstuction on your new home so that you will be able to move into your new home upon more quickly.   Managed Contingency Program The third alternative is a Managed Contingency, written with the cooperation of your builder. Although a Best Buy Managed Contingency does not guarantee your home sale, it does provide you with the same aggressive marketing program to get your home sold quickly.   The Consider It Sold® Program takes the guess work out of correctly positioning your property to successfully compete with other homes for sale in your neighborhood. To qualify for the Program, your home must be priced correctly and both the interior and exterior of your home will be staged for proper marketing by our consultants. Your home will then meet the demands of the largest number of potential prospects.

Financing Your Home:

When it comes to paying for your home, you have options. We can walk you through them, and help you make a decision that works for you and your finances.

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