Hire a Reputable Realtor
Insights
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Vetting Process: Look for credentials like CRS or ABR, and ask for references and recent sales.
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Cost vs. Value: Though agents charge 5–6% commission, they can secure better terms or higher prices.
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FSBO Risks: Selling on your own can reduce profits and increase legal risk.
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Tech Tools: Agents offer pro photography, 3D tours, and social media reach.
Common Questions
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How do I verify a realtor’s reputation?
Check reviews, request references, and verify licensing with your state. -
Can I negotiate realtor fees?
Yes, particularly if they represent both sides or in a competitive market. -
What if I’m not satisfied with my agent?
Review the contract’s termination clause; most allow cancellations with notice.
Key Takeaways
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Experienced agents reduce risk and improve outcomes.
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Vet credentials and performance history before signing.
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Commission fees are often outweighed by stronger offers and smoother closings.
Repairs Before Listing
Insights
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ROI Priorities: Invest in fresh paint, bathroom/kitchen upgrades, and curb appeal.
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Pre-Listing Inspections: Prevent surprises by addressing issues early.
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Staging Impact: Homes with staging sell 73% faster.
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“As-Is” Pitfalls: Buyers may struggle with financing or use repairs to negotiate steep discounts.
Common Questions
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What repairs are mandatory?
Code violations and safety issues must be addressed or disclosed. -
How much should I spend?
Aim for 1–3% of your home’s value on cost-effective improvements. -
Can I offer repair credits instead?
Possibly, but most buyers prefer turnkey homes.
Key Takeaways
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Tackle high-impact repairs and visual updates.
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Use pre-inspections to avoid derailed deals.
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Staging adds perceived value and speeds up offers.
Set a Realistic Price
Insights
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CMA Components: Agents review comparable sales, square footage, upgrades, and market trends.
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Overpricing Fallout: Homes listed too high linger and often sell below market later.
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Psychological Pricing: Price just under major thresholds ($499,900 vs. $500,000) for better visibility.
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Appraisal Gap: If the appraisal is low, you may need to reduce the price or negotiate.
Common Questions
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How often should I adjust the price?
Review every 2–3 weeks if you aren’t getting showings or offers. -
What if the appraisal is low?
Renegotiate or challenge the appraisal with additional comps. -
Can I “test” a high price?
Risky—it could make your listing go stale.
Key Takeaways
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Price strategically with a comparative market analysis.
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Overpricing reduces showings and leverage.
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Adjust early based on market feedback.
Flexibility is Key
Insights
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Contingency Trade-Offs: Waiving inspections can help deals close faster—but carries risks.
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Rent-Back Agreements: Let sellers stay temporarily post-closing if timelines don’t align.
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Closing Costs: Contributing to buyer’s costs (1–2%) can make your home more appealing.
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Showing Access: Lockboxes and flexible hours ensure more buyers can see your home.
Common Questions
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Should I accept home sale contingencies?
Only if the buyer’s home is already under contract or the market is slow. -
How should I handle last-minute showings?
Keep a “go bag” and clean daily. Set up remote access. -
What’s an ideal closing timeframe?
30–45 days allows time for inspections, financing, and logistics.
Key Takeaways
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Stay flexible with showings and negotiations.
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Evaluate all offer terms—not just the price.
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Being accessible and responsive increases buyer trust.
Why Showings Matter
Insights
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Pet Prep: Remove litter boxes, food bowls, and pet hair. Use enzyme cleaners for odors.
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Lighting & Temperature: Open blinds, use warm lighting (2700K), and keep the home around 70°F.
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Scent Strategy: Skip synthetic air fresheners—use subtle scents like citrus or baked goods.
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Security: Store medications, valuables, and personal paperwork out of sight.
Common Questions
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How long should I leave for showings?
Give buyers 45–60 minutes. Don’t stay during the showing. -
What if my home isn’t perfect?
Focus on clean and tidy—don’t stress about minor flaws. -
Can I reschedule if I’m unwell?
Yes, just give notice. Don’t block showing access for too long.
Key Takeaways
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First impressions count—prioritize cleanliness and light.
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Remove pets and personal items.
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Maintain comfort and safety during tours.
Frequently Asked Questions
What are some inexpensive ways to improve curb appeal?
Mow the lawn, trim hedges, plant flowers, and power-wash surfaces. Refresh your entryway with a clean door mat, new house numbers, and light fixtures.
Should I stage my home before listing?
Yes. Even DIY staging helps. Rearranging furniture, decluttering, and using fresh linens or plants can make your home more inviting.
What if I’m not getting any offers?
Review your pricing, listing photos, and staging. Ask your agent for feedback and consider a price adjustment.
Additional Insights
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Timing Your Sale: Spring and early summer attract the most buyers.
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Marketing Strategies: Use professional photography and virtual tours to increase online engagement.
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Negotiating Offers: Be ready to counter and compromise—don’t fixate on price alone.
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Emotional Detachment: Selling is a business decision. Let data and strategy guide you.