Frequently asked questions
How should I prepare my house before selling it?
First impressions matter in business, but especially in real estate. Anyone walking through a house or touring it virtually will be looking for ways to pass or negotiate down on the price. You must help clients make sure that the HVAC, plumbing, and electrical system all work properly. Each room should look clean and decluttered.
How long will it take to sell my home?
Once the house is on the market, it may take anywhere from four to six weeks to sell. However, if the market is fairly hot, a seller could see their house off the market within a week. On the flip side, if there is a lull in the market or issues arise such as negotiation, lack of exposure, or house conditions then the property can sit on the market for months.
What is the selling price of my home?
The selling price of a house fluctuates depending on multiple factors. The most common ones are the neighborhood and what similar-sized houses are currently selling for. Also, look at the age and condition. Do major repairs need to be done? If so, that might lower the property. And again, the market matters. Like everything else, home prices vary depending on supply and demand. Our job as your realtor is to best inform you about these different factors and accurately list your house.
What is an agent’s commission fee?
In a real estate transaction, the agent is usually paid by the seller via commission as opposed to a flat fee. Typically, a real estate commission fee is 5–6% of the home’s final sale price. In most cases, both the buyer’s agent and the seller’s agent split the commission fee 50/50. Both receiving 2.5–3%.
What is the first step in buying a home?
The absolute first step for you is to get pre-approved for a mortgage. Without being pre-approved for a mortgage it will be quite difficult, if not impossible, to purchase a new home. You can work with any lender you choose or we would be happy to suggest several qualified lenders that can help you.