FAQs for Sellers
Q: How do I determine the right price for my property?
A: A real estate agent can help you determine the right price for your property by conducting a comparative market analysis and considering factors such as location, condition, and recent sales of similar properties in the area.
Q: How do I prepare my property for sale?
A: Clean and declutter your property, make any necessary repairs, and consider staging to make your property more appealing to potential buyers. Keep in mind you’ll be packing soon in preparation of moving so go ahead and pack up as much stuff prior to listing your home as possible. LESS is always MORE when it comes to potential Buyers viewing your home.
Q: How do I market my property?
A: A real estate agent can help you market your property by listing it on various online and offline platforms, hosting open houses, and networking with other agents and potential Buyers. It is your real estate agents job to ensure your property receives maximum exposure to the market of Buyers.
Q: How do I negotiate with buyers?
A: Your agent will receive all offers submitted by Buyers and discuss each one with you to determine which meets your goals. All terms and conditions of the contract should be considered. While price is important, other items such as Buyer contingencies and closing timeframes are important also. If you do not find an offer you receive is acceptable as is, your real estate agent will work with you to prepare a counter offer.
Q: What fees will I have to pay when selling my property?
A: Fees paid will vary by property. Common costs to consider include the real estate commission payable to the real estate Brokerage, prorated property taxes for the time you owned the property that year, and any attorney’s fees normally paid by the Seller. It’s also possible the Buyer may ask for assistance with their closing costs. This is a negotiable item and one you may or may not incur.