Real Estate FAQs
You’ve Got Questions–We’ve Got Answers
How many homes should I look at before I make a purchasing decision?
On average, buyers need to view between four and eight homes before they find “the one”—that special place that inspires an offer. Although for some it can be more immediate and for others, it can take much longer. For example, 31% of potential buyers will view up to three properties, insisting that they would have been happy to make an offer on one of the first houses they viewed.
By contrast, 10% of buyers are far less decisive and will view a total of 16 homes before coming to a decision.
First-time buyers, on the other hand, are much more likely to act quickly and decisively – partly through an eagerness to finally get on the property ladder and partly through a fear that they will miss out if they dilly-dally for too long.
How do your fees work?
While there are some real estate agents who will charge a flat fee for their services, most all charge a percentage of the sales price of the home once the deal is done. That exact percentage varies, but the commission is typically 6% of a home’s final sales price, and usually paid by the seller. On a $200,000 home, a 6% commission would amount to $12,000. While this may seem like a serious chunk of change, keep in mind that no one makes off with the whole amount! Plus, real estate agents do not see a dime until a buyer finds a home they love, the seller accepts the offer, and all parties meet at the closing table. That process can mean weeks or months of work.
Can you guarantee me a successful sale?
We work closely with our sellers to ensure the best selling experience possible. This starts by seeking to understand your objectives, setting realistic goals and expectations. Additionally, we are master negotiators and marketing specialists. We have the skills to work with other professionals to assist you in getting the most out of your property. We spend a lot of time in the community with local businesses, community leaders, and neighbors. We work to assist in cross-promoting our listings and community activities on social media. This helps promote the sale of your home.