|
Will my house be on the internet?
Yes! 85% of Buyers are looking on the internet long before they begin seriously looking for their new home. Your home will be listed on the Downriver Multiple Listing Service (MLS) and Realcomp MLS. In addition, it will be on Realtor.com as a Showcase Home, RE/MAX.com, ClickonDetroit.com, MoveInMichigan.com, and of course, MarkFindsHomes.com
What is "staging"?
Staging is a way to help your home "show" better. There are many things you can do. There are many programs on to help the process. For instance, Curb Appeal, Get It Sold, This Old House, While You Were Out, Sell This House, 24 Hour Design, FreeStyle, Designed to Sell and Decorating Cents. There are also professional stagers if you are not up to the task.
How long will it take to sell my house?
This is always a popular question. The answer, of course, will always vary depending on the market. There are several factors that will always come into play: Pricing the home correctly, the home's condition and a hard working Realtor.
Is it better to price my home high because I can come down?
NO. Pricing your home higher in this market is the worst thing you can do. There is a lot of competition, especially with bank owned homes and short sales. Pricing high can often just put your home out of the reasonable range that buyers in your area are searching in. If you price your home properly, you will attract more inquiries, more showings and more offers. An overpriced home will sit on the market longer and potential buyers are likely to see you as "desperate" because you've been there so long. DO NOT let your home become a "stale listing". REMEMBER: you do not have to accept a low offer; if you price too high, your chances of getting an offer at all greatly decrease. DON'T FORGET: Fewer than 2 out of ten listings are going to sell. Don't be 1 of the 8 while hoping for someone to come along that will pay your ideal asking price.
Can I be home when my house is shown to a potential buyer?
Of course, however, statistics show that a vacant home, or a home where the Seller is not present, shows better because the potential buyer is far more comfortable and more likely to look around longer.
How do I know if a potential buyer is qualified to buy my home?
Any offer MUST be accompanied by a pre-approval by a lender or I will not even waste your time with it.
Do I have to be out of my house on closing day?
Not necessarily. If you think you will need time after Closing to remain in the home, we will negotiate that requirement at the time of the offer. If occupancy after closing is agreed upon by all parties, the buyer will usually require 1/30th of their mortgage per day that you remain after closing.
What are Seller Concessions?
Seller concessions are funds that the Buyer borrows from the Lender to pay the agreed upon purchase price, from which the Seller "refunds" a portion of back to the Buyer to pay closing costs.
As a Seller, do I have to pay concessions?
No, you do not. However, many Buyers do not have the available funds to close. Agreeing to pay concessions is a good way to help the Buyer purchase your home. In most cases, this process can aid the Buyer without changing the Seller's bottom line.
| 