The Most Important Questions to Ask When Selling a House
Selling your home is a significant task. From determining how to market your home and setting a sale price to navigating the complexities of offers and contracts, the average person needs guidance from a knowledgeable agent. Still, even when you have a good agent working on your behalf, knowing the right questions to ask when selling a house can help make the process easier and less stressful.
What to Ask When Selling Your House
Selling your house requires more than a “for sale sign.” You need to gather information about the property, research the price range for comparable properties to set an asking price, and develop a marketing strategy. You also need to ask a few key questions to keep the transaction on track.
How Much Will It Cost to Sell My Home?
Selling a home means incurring some expenses. You need to prepare to spend money on photos for marketing materials, staging and upgrades, commissions to both the listing and the buyer’s agents, and closing costs if you agree to pay them as part of the buyer’s offer.
How Did You Determine the Asking Price?
When you work with a real estate agent, they’ll provide a suggested asking price, and it’s reasonable to request justification for the number. The agent should be able to cite evidence to support their recommendation, such as the local market, comparable properties in the area, the condition and features of your home, and location. If they cannot back up the recommendation with data, that’s a red flag.
How Will You Market My Home?
If you are hiring an agent, inquire about their marketing strategy and plans. Most will use the Multiple Listing Service (MLS) and primary online services, as well as photos, open houses, and flyers, but ask about additional tactics like social media or virtual tours, which can help get your home in front of more potential buyers.
Can I Cancel the Listing Agent Contract?
Some real estate agents ask clients to sign a three to six-month binding listing agreement. However, as the seller, you should have the option to cancel the contract without penalty at any time. This is one of the most important questions to ask when selling a house because you need to be able to pursue other options if the house doesn’t sell or you aren’t happy with the agent.
What is Your Track Record?
Before listing a home for sale, ask the agent about their track record. More specifically, you should know how many homes they have sold, the list-to-sale price ratio, the average time on the market, and the number of sales that did not go through.
Let Professional Home Buyers Make Selling Your House Easy
If you feel like you have too many questions to ask when selling a house or do not want to deal with the hassles of selling your home with an agent, turn to Professional Home Buyers for a fast and easy solution. We will make a fair cash offer on your home and buy it as is within seven days. Call us today at (316) 202-1628 to learn more.