Frequently Asked Questions: Sellers Edition
Selling a home can come with a ton of questions. We have found that the people we work with ask similar questions. So, we've decided to answer all of those questions (and more!) below!
🤔 How much needs to be done to my 🏡 before putting it on the market?
Most of the time, there is much less work that actually needs to be done than the homeowner believes. Before you decide to spend money, time, and effort to upgrade your home, ask us! We'll give you our opinion!
🤔 How much is my 🏡 worth?
The accurate value of your home depends on many things such as the square foot, neighborhood and area, as well as many other variables. Sellers tend to compare their home to the most expensive home that recently sold in their neighborhood, or rely on real estate sites that give false estimates, such as Zillow. Instead, look at homes with similar attributes that recently sold in your area. We provide custom home reports that include accurate and up-to-date information to determine your homes value. Get in contact with us!
🤔 How long will it take to sell my 🏡 ?
This varies depending on the area and price of your home. It is important to price your home competitively and make sure your home is seen by as many people as possible. We offer strategic marketing plans for our Sellers to get their home as much exposure as possible through Professional Photography, Facebook Marketing, and Email Marketing.
🤔 Does staging your home make a difference?
Yes, yes, yes!! Homes that are staged sell over 85% faster than those that are not staged, and sell for 20% more. Staging can make a huge difference because it offers the buyer a opportunity to envision themselves living in your home.
🤔 Should I be present when buyers view my 🏡?
No. When the owner is present in the home during a showing, it can make the buyer feel uncomfortable. You want potential buyers to feel as relaxed and comfortable as possible.
🤔 What is the agent's commission?
Commission varies and are negotiable. Realtors are not paid by the hour or appointment and do not receive any money unless they sell a home.
🤔 How is the real estate market right now?
We receive a lot of questions in regards to how current status of the real estate market. There are many indicators that help explain the current status of the local real estate market. One major statistic is the average days on the market. This will show you how fast the homes in your area. Other statistics are closed transactions in the area, average sales price, and list-to-sales price ratios. If you would like an up-to-date analysis of our local market, let's schedule a time to talk!
🤔 What is the best way to respond to low ball offers?
When you are selling your home, try to detach yourself emotionally from making decisions and think of each decision as a business move. No matter how low the offer is, make sure you always respond. Even a counter offer closer to the list price is better than ignoring a potential buyer.
🤔 How does the inspection phase work?
Inspections are a very common process that buyers will perform on the property they are purchasing. Inspections are at the expense of the buyer, and will have a specific amount of time to complete the inspection and remove the inspection contingencies or request the seller makes changes to the results found from the inspections.
🤔 Can I determine how much my 🏡 is worth from an internet website?
NO! Sites like Zillow give estimates that are based on calculations and formulas that do not necessarily provide accurate information. You can receive a more accurate value of your home by speaking with a realtor, like House Addicts, not a third party real estate website. If you are looking to see an accurate and up-to-date evaluation of your home's current value contact us today.