Real Estate Seller FAQs
What you need to know when selling your home
With the home buying process being such an important one, most people have questions when just getting started. If you have never sold a home before the entire process can feel a little overwhelming but arming yourself with some facts will give you the knowledge you need to make the right decisions when it counts most.
Here are some important seller FAQs that you should know before you sell your home:
When is the best time to sell?
There is no one time of year that is the best time to sell your home as a rule. The best time to sell is actually based on a number of factors including but not limited to the current market conditions, the seasons and if you are a foreign buyer even the exchange rates can play a part.
The best course of action is to talk to your Portland realtor. He or she will be able to explain these factors to you and how they will affect your sale.
I am ready to sell, where do I start?
Now that you have made the decision to sell you need to get a knowledgeable realtor. He or she will guide you through the process from beginning to end. They will also be able to answer any questions you have along the way.
Your Portland realtor will also:
- Help you determine the best way to set the property up for sale
- List the property
- Accept the offer
- Sign the contract
- Attend closing
- Help you determine what you need to do after the sale has been completed
How long will it take to sell my property?
There are a range of factors that play a part in how long it takes for a home to sell. Your own determination as well as market conditions are important factors. Another important factor to consider is marketing strategy. That is one of the reasons why it is important to have a realtor who knows the ropes and what works and what doesn’t.
What costs will I have to pay?
There are several costs you will have to take into consideration when you are selling your home. You will have real estate lawyer fees if you choose to have one (you should), your realtors commission and the costs of preparing the home for sale. You will also have moving costs to contend with as well as storage fees if you staged your home. And last but certainly not least you will have to pay taxes.
What happens when someone makes an offer on my home?
As soon as you have gotten an offer on the home you will be notified by your Portland realtor. They will present the offer and explain all the details to you. If you are confused about anything at all, be sure to ask about it. Make sure it is explained to you in a way that you understand.
Your realtor will then help you to reject the offer, accept the offer or put in a counter-offer.
Hopefully these real estate seller FAQs have helped you get a better grip on what the selling process is like. Just remember that having a realtor is an important step, especially for first time home sellers.