Answers for Home Sellers
As a potential home Seller, this market can be very confusing with changing market conditions. We are here to make the sale of your home go quickly and smoothly. We have put together a list of questions that all home Sellers should ask themselves before they make the commitment to sell their home.
1. How much will it cost to work with our brokerage?
In a residential real estate transaction, the seller pays the real estate commission. Our commission rates are disclosed by your agent and the actual costs are in put in writing.
2. Why should you list with a real estate company that works with Buyers?
Would you rather have your listing where other Sellers are or where the Buyers are?
Of course you would rather expose your home to as many Buyers as possible to get the highest price possible.
3. How much house can I sell my house for?
In general, the market determines the price, not your agent. Your Agent completes a CMA, Competitive Market Analysis that will show you the recent sales of similar type homes within your geographical location. The Agent may also include properties that are actively for sale and recently put under contract, so you can assess the competition.
4. How long will it take to sell my home?
Each home has its own unique characteristics. Your agent will show you the “Days on Market” for each of the sold comparables, which will give you an indication of the number of days similar type property has taken to sell. Pricing your home competitively will be to your advantage in current market conditions. Your Agent will require all buyers that offer to pay cash to provide us with proof of the funds or they will require the buyer to be pre-approved with a reputable lender.
5. What will my real estate professional do to sell my home?
Your real estate agent will do the following:
- Work with you through the entire Selling process, from start to finish.
- Ensure the process of selling your home is easy and successful.
- Respect you with our honest answers to your questions.
- Hold your best interests in the highest regard.
- Respect your valuable time during showings, presentations and appointments.
- Understand and respond to your specific needs.
- Agent will use their extensive knowledge and experience to sell your home.
- Offer you the best tools to sell your home thru our extensive services.
- Search the entire MLS (Multiple Listing Service) database and email or call you with any new sales of homes in your area.
- Provide a written Competitive Market Analysis and local Market Condition Report to help you set an appropriate listing price.
- Prepare a customized Marketing Plan that will detail specific promotional plans for your type of property.
- Regularly update you on the progress and steps in selling your home.
- Explain the Buyers financing features that may affect your sale.
- Provide you with feedback from customers and agents about your home.
- Provide you with recommendations to enhancing your home to receive top dollar.
- Help you negotiate with the selling price of the home; we educate you on comparable sales prices.
- Prepare all of the contracts associated with the sale of your home.
- Work with the title company, home inspectors, lenders, appraisers and the buyer’s agent to arrange all necessary work is completed.
- Place a sign and lockbox on your property, where appropriate.
- Explain local real estate policy, procedures and regulations.
- Show your property to our qualified Buyers.
- Serve as your point person during the closing process, we have a closing dept.
- Answer any questions you may have about any part of the real estate process.
- Submit to you all offers in writing and assist with negotiations and provide helpful insight into your final decision on an offer.
- Explain contract terms and how they affect you.
- Assist you in finding your next home.
Your agent will NOT do the following:
- Provide you with legal or financial advice
- Pressure you to do anything that you don’t feel comfortable doing
6. What are the tax implications?
When you sell a home there are tax implications for you. For details, speak with your tax professional.