How long will it take to sell my home?
While the national average for days on market is currently 73 days, this figure fluctuates monthly. The actual timeline for your property will depend on local market conditions, buyer demand, inventory levels, and the home's condition. Additionally, the closing process typically extends this timeline, particularly if financing challenges arise.
When is the best time of year to sell my home?
Market data consistently indicates that spring is the optimal season for selling, with May serving as the peak month. March, April, and June also yield strong results, largely due to favorable weather and families aiming to move between school years. Conversely, market activity historically slows in Q4, making October through December the quietest months for sales.
What is the selling price of my home?
Your home's selling price is driven by location, size, condition, and features, balanced against current supply and demand. To determine the most accurate listing price, we conduct a Comparative Market Analysis (CMA) to analyze what similar properties in your area are actually selling for.
Why is my home's assessed value different from the market value?
These two figures serve very different purposes. Assessed value is calculated by the municipality strictly to determine property taxes. Market value is the price a buyer is willing to pay in the current economy. In a seller's market with low inventory, market value is often significantly higher than the tax assessment.
Are real estate commissions negotiable?
Yes, commission rates can be negotiated. However, it is important to understand that the commission often covers the marketing budget and resources used to sell your home effectively. All commission terms will be clearly outlined in a written agreement before we list your property on the MLS.
What should I do to prepare my house before selling it?
Getting your home market-ready starts with staging. Think of your home as a blank canvas for buyers—this means decluttering, deep cleaning, and depersonalizing the space. We can also discuss working with a professional stager to create the most welcoming environment possible.
Should I order a pre-listing home inspection?
Conducting a pre-listing inspection can be a smart strategic move. It reveals the true condition of your home and allows you to address issues before going on the market, rather than being surprised during a buyer's inspection. Keep in mind that any material defects found during this inspection must be disclosed to potential buyers.
How can I sell my home quickly in a slow market?
Even in a slower cycle, we can accelerate the process by focusing on the fundamentals: pricing the home competitively, enhancing curb appeal, and ensuring the property is staged well. Being proactive with repairs and offering incentives, such as covering some closing costs, can also attract more motivated buyers.
What digital marketing tools will be used to promote my home?
I use a multi-channel digital strategy to get your property in front of the right people. This includes high-quality virtual walkthroughs or video tours, targeted email marketing to my network of buyers and agents, and strategic social media campaigns to maximize visibility.
Should I sell my current home before buying a new one?
This decision depends entirely on your financial comfort and goals. We need to look at whether you can carry two mortgages comfortably or if your new purchase needs to be "contingent" on selling your old home. I can help you evaluate the pros and cons of both scenarios so you aren't left without a place to live or overextended financially.
What happens if I change my mind and want to back out?
This depends on why and when you back out. Our contract will include specific "contingencies" (like inspection or financing) that allow you to walk away and get your earnest money back if certain conditions aren't met. However, if you back out after those deadlines pass without a valid reason, the seller may have the right to keep your deposit as compensation for taking their home off the market.
How do I choose the best offer if I receive multiple bids?
In a competitive market, the highest price isn't always the "best" offer. My job is to help you evaluate the overall strength of each bid. We look for solid financing (pre-approval), higher earnest money deposits (which show serious intent), and buyers who are flexible with your preferred closing timeline. We will also carefully review any contingencies to ensure we accept the offer that is most likely to close smoothly, not just the one with the biggest number.