Sellers FAQs

Q: How much will selling my home cost?

A: A good estimate for our area would be approximately 6.5% to 7% of the homes total purchase price. Common closing costs for sellers include real estate commissions, title fees, pro-rated property taxes, home warranty, and recording fees.

Q: What should I do to get my home ready to sell?

A: Have your real estate agent go through your home and give you suggestions of what you can do. An experienced agent can give valuable advice on what will help your home sell quicker and for more money. Here's some basic advice to get you started.

  1. Think clean, light, and bright. Even the seller who just wants to get their home sold without doing any fix up will realize a lot more to their bottom line if the home has been thoroughly cleaned, clutter reduced, and lights are on and it's ready to be shown when a buyer comes through.
  2. Remove the negative. Things like a broken tile, hole in the wall, or sagging cabinet doors can cause a buyer to offer thousands less when the true cost to fix these things would be minimal. Go through your home and make a list of these types of fixes, prioritize, then determine a budget. If you don't want to tackle the fixes yourself talk to your agent about connections they might have with a handy man or contractor who could do the job at a reasonable price.
  3. Think cost effective upgrades. Doing a full kitchen remodel would no doubt help to sell your home but it's unlikely you will get more out of your home than the cost of the remodel. I've found that smaller upgrades can make a big difference and actually make you money by doing them. Some examples that could be done in part or maybe the whole home are repainting, carpet, countertops, light fixtures, front door, drawer pulls and handles, etc.

Q: How long will it take to sell my home?

A: Your Realtor will have access to the data that shows how long homes are taking to sell in your area. This time frame will change with market conditions. After your home is under contract it typically takes about 30 days for the buyer to close the deal if they are getting financing.

Q: What is my home worth?

A: Ask your agent to provide a CMA (comparable market analysis) for you. It will show similar homes that have sold in your area and will compare those homes to the features your home has to come up with an approximate value. A good Realtor will want to walk through the home first so they can get a good idea of any positive or negative factors that may affect your home value. Usually this is done for free.

Q: Is Zillow or the taxed assessed value of my home accurate?

A: You will not want to rely on Zillow or a tax assessed value to know what to sell your home for. They are not accurate enough. A Realtor that knows your particular area will be able to give you at accurate value.

Q: How often will I have showings?

A: This will depend on market conditions, how the home has been priced, how it's being marketed, and the price range of your home. At a minimum, for a home around the 250K range, you will want to see at least 3-4 showings a week.

Q: Will I need to leave for showings?

A: Having shown thousands of homes I can positively say it's much more comfortable for a potential buyer to view the home at their own pace without the owner there. When circumstances don't permit a seller to leave, it's best to welcome the buyer and their agent to your home and let them go though at their own pace. Don't follow them through the home unless asked. Potential buyers should not be allowed to go through the home alone without being accompanied by their real estate agent or by the listing agent.

Q: Are Realtor key boxes secure?

A: Having an electronic Realtor key box at the home provides convenience and safety. For agents along the Wasatch Front we use what's called a Supra key box. It can be set to allow access at only certain times of day. It tracks who opened the box and when. Only the agent who owns the box can release the shackle to remove it. Real Estate Agents have to update their key that opens the box every day. The key requires a password. For extra protection a password can also be added to the box so that a realtor would need a code in addition to a realtor key to open it.

Take us Along!

We make it easy to lookup listings on your iPhone, Android or any other smart phone.  

You'll get instant access to over homes for sale.

Click here to turn your smart phone into a house hunting machine!


© |  Terms & Conditions |  Privacy Policy |  Fair Housing