© 2013 by Julie Bushore RE/MAX Suburban - 1310 N Roselle Rd, Schaumburg, IL 60195 -each office independently owned and operated.

Seller FAQ

Q: When is the best time to sell my home?

Most realtors would agree that the spring is the best time to list your home. Most buyers begin looking after the winter is over. At this time the demand is high, so it is a good time for you to have your home on the market. The later it gets into the summer; the market slows down as families have tried to move before the beginning of school. In the fall, there is another smaller serge and then the market slows down around the holidays and colder months. 

 

 

Q: Are there standard ways to determined what a home is worth?

A: Yes. A comparative market analysis is what is used by most realtors. This is a reliable way to determine the value of your home based on selling prices of similar homes in your neighborhood. By considering comparable homes that have sold within the last year along with the listing price of current homes, I can help you determine the appropriate pricing of your home.

 

 

Q: Why shouldn't I price my home a little high? I can always lower the price later?

While that may seem like a no-brainer, it can actually prove to be costly to your bottom line in the end. The first two weeks on the market are the most critical. Once homes have "sat" on the market for a while, they are less likely to sell at asking price. 

 

 

Q: What service providers will I need when selling?

A: You may not need all of these providers, but here is an overall list. I have many excellent referrals!

    ~Real estate attorney

    ~Appraiser

    ~Home inspector

    ~Mortgage loan officer

    ~Lead Paint/Radon inspector

    ~Tax adviser

    ~Insurance consultant

    ~Moving company

 

 

Q: How do I get an offer on my home quickly?

A: There are five important components to get an offer on your home quickly...

     1. Price it right...Set a price that is realistic based on my Market Analysis of your home

     2. Prepare for visitors...Get your house market ready at least two weeks before showing it 

     3. Be flexible with showings...Have your home ready to show at the spur of the moment and do not turn down          showings 

     4. Anticipate the offers...Decide in advance what price and terms you'll find acceptable

     5. Do not refuse to drop the price....If your home has been on the market for more than 30 days without an                offer, you should be prepared to at least consider lowering your asking price

 

 

Q: What is the most important time while my home is on the market?

The first few weeks while your home is still considered a "new listing" are the most critical. You should be getting showings and positive feedback during this time. If you are not, the pricing on your home may need to be adjusted. 

 

 

Q: After a home inspection, do am I responsible for repairing everything found to be wrong?

A: No. Repairs are up for negotiation. I can help you make informed decisions on how fixing and not fixing certain problems may impact the outcome of the transaction. 

 

 

Q: What should I leave for the new owners?

A: You should not leave anything that was not agreed upon in the contract. But here are a few things that are     

     helpful to the new owners. 

    ~Owner's manuals and warranties for appliances left in the house

    ~Garage door openers

    ~Extra sets of house keys

    ~A list of local service providers

    ~Code to the security alarm

    ~Condo board information

 

 

 

Q: What should I leave for the new owners?

A: You should not leave anything that was not agreed upon in the contract. But here are a few things that are     

     helpful to the new owners. 

    ~Owner's manuals and warranties for appliances left in the house

    ~Garage door openers

    ~Extra sets of house keys

    ~A list of local service providers

    ~Code to the security alarm

    ~Condo board information

 

Q: What important information do I need to know about property taxes and how is my property assessed?

A: Click here to learn more: Information on Property Taxes and How My Property Is Assessed

 

 

 

 

 

 

 

 

 

*Content provided courtesy of Realtor.org