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FAQs
SELLER
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When is the best time of year to sell a house?You can sell your home at any time of the year, although some seasons are better than others. In most areas, the spring and fall months are the hottest homebuying seasons of the year, while sales slow down in the summer as families are busy with sports and vacations. Winter is the other season sales can be slow due to the holidays.
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What are the current local market conditions?Your real estate agent will provide a detailed market analysis, highlighting current local trends and their potential impact on your home sale.
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How much is my house worth?Your agent will provide you with a CMA (Comparative Market Analysis) for homes in your area that will demonstrate to you an approximation of your homes’ value.
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How much does it cost to sell my house?Most of the costs come out of escrow at the closing of the sale, not out of pocket. Agents and brokerages typically have an industry standard that is charged as a commission. Remember, you get what you pay for and great agents earn their commissions.
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Should I make repairs before listing the house?Determining what repairs are needed to get the price you expect is another topic your agent can help advise you on. The more "move-in" ready your home is, the more likely it will draw potential buyers.
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Where does the home inspector come in?Once an offer has been accepted, the clock starts running. The home inspection is part of that process and your agent will work with the buyer's agent to schedule the home inspections.
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What if the appraisal is lower than expected?For all-cash offers, a low appraisal won't impact the sale unless the buyer requests a price reduction. Your agent will negotiate on your behalf. For financed purchases, lenders can't loan more than the appraised value, and your agent will guide you through the process.
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Can I stay in the house past the closing date?If you need to stay in the house past the closing date, your agent can help negotiate a rent-back agreement to accommodate your needs.
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