Have you been thinking
about selling your home?
The first questions sellers typically want to know
are:
How
much will my home sell for?
How
long will it take to sell?
How
much will I have to pay in closing costs?
To answer the first question, River Valley
will complete a detailed inspection of your property, and prepare a comparable
market analysis based on the most recent sales and current listings within the
immediate area. This analysis will provide you with specific residential sales
history, and we will be able to give you a strong indication of your home’s
value.
The second question depends on three primary
factors: the current state of the market, selling price and condition of the
property. Any of these three factors can
have a dramatic effect on how long your home sits on the market. Overpricing a
property or allowing a property to be shown in poor condition will ultimately
increase the time your property requires to sell.
Lastly, seller’s
want to know what it will cost to sell their home. A good rule of thumb is 8%
to 10% of the sales price. The range is
due to unknown variables such as real estate taxes, HOA fees, concessions,
repairs requested by the buyer, and the buyers financing. VA and FHA buyers typically request the
seller to pay some of the buyer’s closing costs which can also increase the
percentage. Realtor fees or commissions
are not fixed, however, the market does provide an indication of current commission
rates. Typically, the listing agent will
offer half of the contracted rate to the buyer’s agent for bringing in a
qualified buyer and for working the buyer’s side of the transaction.
River Valley
Real Estate will gladly provide you with our formal listing presentation at no
cost. This presentation will outline our service, provide you with a
competitive market analysis and demonstrate our marketing platform. We are confident that after seeing the type
of real estate brokerage service we provide, you will consider working with
River Valley Real Estate Company.
