Frequently Asked Questions

GENERAL QUESTIONS


When selecting an agent, find one you trust and you are comfortable with. Sometimes the best source may be your family and friends. Many may have sold a property in the past and can refer you to an agent they found to be capable. Selling a home is a complex transaction, so experience should be a consideration.

Fees vary depending on the type of property as well as what is negotiated in the sale. Your Realtor® can provide an estimate of closing statement to give you an idea of what is to be paid as part of the sale. Some of the costs include:

  • Lender fees
  • Escrow fees
  • Home inspection
  • Appraisal
  • What is the best way for me to sell my home?
  • Selling your home involves many steps, from consultation to pricing, marketing to escrow.
  • How are buyers attracted to my property?
  • Make sure your home shows both inside and out. Curb appeal is important. Your agent will then
  • Place a yard Sign
  • Newspaper Advertising
  • Internet
  • Magazines
  • Open House
  • You want your home to sell for the highest price possible, but also in a timely fashion. Here are some factors that influence the price of your home:

  • Current real estate market conditions
  • The expertise and market knowledge of your real estate representative
  • Hard facts such lot size, square footage and condition of your home
  • Desirability factors, including location, special amenities and property attributes
  • Selling and listing price of comparable homes in the area
  • A sophisticated real estate marketing plan
  • Your level of motivation
  • Conditions that do not affect the price of your home
  • The profit you wish to make from the sale
  • The amount of money spent on improvements may bring additional funds
  • The original price you paid for your home
  • Compare other homes in your area. DO NOT OVER PRICE. Buyers have many resources to compare. The buyer will submit what is considered a fair offer. Remember that double strength nails do not increase your homes price. If you need to reduce the price , buyers will submit an even lower price.

    When a property is overpriced, opportunity is missed. Broker and buyer interest is at its highest when a property is initially placed on the market. But if the property is priced above realistic market value, the excitement and number of showings are greatly reduced. Later, it may be necessary to adjust the price below market value to compete with new, competitively priced listings.

    The best approach is to price a home just within the market value range. This allows room for negotiation, without sacrificing exposure. Make no mistake; we want you to get the best possible price for your property. However, when a home is priced too high for the market this may:

  • Attract non legitimate buyers or those just looking
  • Suggest you aren't motivated to sell
  • Reduce the number of showings
  • Help other listings look better
  • Cause financing issues for the buyer if the property doesn't appraise at the higher price.
  • Force you to drop the price below market value in order to sell
  • Here are some ways your participation can contribute to a successful sale:

  • Maintain the property
  • Ensure the property is easily accessible for showings
  • Communicate - let your agent know how to contact you
  • Remove or lock up valuables
  • Secure pets
  • Limit conversations with anyone about price.

  • Get started today for a free home evaluation!

    Email us by following the link or call us at: 702-997-3832