The home buying process may come with many frequently asked questions, but for home sellers the process is no different at all. Whether you have or have never sold any home, the questions are the same.
The top frequently asked questions from home sellers begin before even starting the process. So, if you’re going to sell your home, then we suggest you are prepared by asking the right questions.
You need to know what to ask to a realtor when selling your house, so take a look at this article. Our team will help you understand everything you need to know. So what are the most frequently asked questions from home sellers? PART 2
Can I know my home’s worth from internet?
You probably know already the answer to this question. In case you have any doubts, the answer is: NO. There are some websites, commonly referred to as third party real estate websites, that provide estimates of home values.
These websites only provide a false sense of hope and frustration. Because most of the time it is just not going to be the real worth of a home. So, it I s extremely important that when you decide to sell a home, the value is determined by a top real estate agent and not an internet website. That is why you have us In your team!
Should I price my home higher to leave room for negotiations?
Many home sellers believe this is a good pricing strategy. So there is a chance to negotiate low-ball offers. But, a well priced home will get sold just fine. Doing this is not necessary at all.
A seller who prices their house too high can actually be costing themselves more money than if they priced it to reflect what is suggested in the market value.
Should I be present during my home showings?
Well... The answer is: NO! And there are many reasons why you, as a home seller, should not be present during your home showings. But the reason number one is: So your potential buyers do not feel uncomfortable.
It is important they can talk open and freely with their real estate agents about your house: their potential new home. The best you can do is to leave before the scheduled showing and come back once the buyer and their real estate agent have left your home.
What is a home sale contingency?
A sale contingency is a clause included in an offer to purchase a home or in a real estate sale contract in order for buyers to know if the house they want to buy is suitable to what they need.
A sale contingency also means that this potential buyer of your home must sell their existing home, before being able to purchase their new one.
How do inspections work?
Inspections are a common contingency that buyers make before purchasIng or offering what they are willing to pay for a house. Of course, there are different types of inspections and in most cases, these are at the expenses of that same buyer.
There are other tests that a buyer has the right to perform on a house. But they have a specific number of days to complete them and a specific number of days to remove them.
The above FAQs from home sellers are all okay. So, you do not have to worry. There are no dumb questions. The reality is that selling your home is not an activity that frequently done. So make all the questions you need to be fully prepared and well educated on the home selling process.
Do you want to know more about this topic? Take a look at this article on FAQ for first time home sellers PART 1.
