Home Seller - Frequently Asked Questions
Millions of existing homes are sold each year, and while each transaction is different, every owner wants the same thing: the best possible deal with the least amount of hassle and aggravation. Unfortunately, home selling has become a more complex business than it used to be. New seller disclosure statements, longer and more mysterious form agreements, and a range of environmental concerns have all emerged in the past decade. More importantly, the home-selling process has changed. Buyer brokerage where REALTORS® represent homebuyers is now common nationwide, and good buyer brokers want the best for their clients. The result is that while hundreds of thousands of existing homes may be sold each week, the process is not as easy for sellers as it was five or ten years ago. Surviving in today's real estate world requires experience and training in such fields as real estate marketing, financing, negotiation and closing the very expertise available from local REALTORS®.
Are You Ready?
The home-selling process typically starts several months before a property is made available for sale. It's necessary to look at a home through the eyes of a prospective buyer and determine what needs to be cleaned, painted, repaired and tossed out. Ask yourself: if you were buying this home, what would you want to see? The goal is to show a home which looks good, maximizes space and attracts as many buyers -- and as much demand -- as possible. While part of the "getting ready" phase relates to repairs, painting and other home improvements, this is also a good time to ask why you want to sell. Selling a home is an important matter and there should be a good reason to sell, perhaps a job change to a new community or the need for more space. Your reason for selling can impact the negotiating process, so it's important to discuss your needs and wants in private with the REALTOR® who lists your home.