Question 1

When is the best time of year to sell a house?

Accepted Answer

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.

Question 2

What are local market conditions?

Accepted Answer

Your real estate agent will provide you with a comprehensive market analysis that will show you what the local market trends are and how they will impact the sale of your home.

Question 3

How much does it cost to sell my house?

Accepted Answer

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.

Question 4

How much is my house worth?

Accepted Answer

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.

Question 5

Should I make repairs before listing the house?

Accepted Answer

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.

Question 6

Where does the home inspector come in?

Accepted Answer

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.

Question 7

What if the appraisal comes in too low?

Accepted Answer

If the offer you accept is an all cash offer it won't affect the sale unless the buyer's ask for a reduced price. Then your agent works for you to negotiate the deal with the buyer's agent. If the buyer's are financing the home, the financial institution can not loan more than what the home is worth and your agent will be able to advise you.

Question 8

What happens if I need to stay in the house longer than closing?

Accepted Answer

As your agent, I can help you negotiate a rent-back option if it is needed.

FAQs FOR SELLERS

Pelosi Team top realtor of Walnut Creek