Seller FAQs

While no two properties or clients are exactly the same, some questions do come up often.  Here are some of the most frequently asked questions from sellers.

  • This is a valid concern, and an aggressive, fast-moving markets this can happen.  However, with an expert real estate agent by your side, this concern can be dealt with.  We have developed selling agreements that automatically terminate if you aren’t able to find a new home to live in.  This gives you peace of mind during both your selling process and your search for a new home to live in.  This is just one more way Landing takes care of every aspect of your residential real estate transactions.

  • The simple answer is that you should reach out to us when you’re ready to sell your home.

    The more complex answer is that how quickly you can expect to sell your home varies based on market conditions beyond your control.  The available home supply, the demand, the weather and holidays, and many other factors affect how much sense it makes to list your home at any given time.  However, as real estate experts, we can advise you on the market conditions that apply and help you to make an informed decision.  So as soon as you feel ready to sell your home, you should contact the Landing team so we can advise you on the best course of action.

  • While we will be happy to advise you on the best practices for your specific situation, a good principle to keep in mind is that you only get one chance at a first impression.  Details like landscaping, paint, flooring, staging, and even decor matter a great deal to how appealing your home will be to potential buyers.

    That’s not even considering possibilities like getting your house inspected by a neutral third party ahead of the sale.  Your Landing real estate agent will be happy to advise you on what to do to get the most out of your home sale.

  • The real world, or “market,” value of your home is determined by many different factors.  Getting an objective sense of market value is not easy.  You need to consider sales or similar properties over the last several (typically 6) months.  It’s not just a matter of a house that has sold in your town, though.  To find an accurate real-world value requires considering the square footage, number of bedrooms and bathrooms, kitchen quality,  condition and quantity of windows, the condition and age of the roof, any physical features of the house lot, what neighborhood the house is in, the architectural style, and the types of floors your house has.  Needless to say, putting an objective number on your house can be very challenging.  

    There are various online tools available that are helpful for getting a ballpark estimate of your house’s worth, but to really understand what you should be listing your house at, it’s essential to talk to an agent.  We have direct experience with many properties local to your area and have the expertise to quickly and accurately research similar homes that have sold in your area.

    Assessed value, on the other hand, is a simple formula used by tax assessors that are not tied directly to the market in any way.  Instead, they are used to assess your owed property taxes.  The exact correlation between assessed and market value for your property is unlikely and a matter of coincidence between tax formulas and reality.

  • MLS stands for “Multiple Listing Service” and it is a service that hosts the full lists of properties being managed by real estate agents in the region.  It’s run by the local Real Estate Board and can be accessed through your agent.

  • The value of your home is determined by a lot of little things and a few big things.  The little things are what you might expect, the landscaping, how the house is presented with decor, how well-lit the house is, all those little things that make the house feel more appealing and inviting.  These small details can be changed pretty easily and can make a difference to the perceived value of your home.

    The bigger factors are less subjective: Where is your home located? How many bedrooms and bathrooms does it have? How well-maintianed is the property? How old is the building? These larger factors determine what your house’s value is to the market in a big way.

    Last, but not least, is the state of the market itself.  If mortgage rates are low and demand is high for houses, your home will be worth much more than if mortgage rates are high and demand is low.  Selling and buying at the right time is critical to getting the most out of your investment in a new home, or when selling your old home.

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