Answers by Chris Yochum

Generally pricing higher means less exposure, less buyers and less money in the end. The more competitive you price it the better the end result in most cases. When pricing it high, most buyers wont look at a home thats prices higher than others comparable homes. If they do view the home, they are comparing yours to others that have more features and amenities. You will be helping your competition sell.

Generally the seller will pay the commission and be put in the contract. The other way is for the buyer to pay for the real estate agent commission, though if the buyer pays for the commission then is the buyer going to be willing to pay you the same amount they would have if seller was paying for the commission. In most cases it tends to be a wash. Who ever pays for the commission the seller generally nets about the same amount regardless.

Generally when a home is listed with a Broker the seller will pay for realtor fees/commissions.

Its generally a good idea to focus on any health and safely concerns first and foremost. Many times when a buyer puts together a list of requests they will plan for the seller not wanting to do some, though each case if unique. Once getting a quote on all items from someone qualified to do so often the cost can be less than expected. If thats not the case, then you will want to decide on what is reasonable to you to accept and let your agent know so they can have that discussion with the other party. Sometimes you can offer out a credit to the buyers so they can do it themselves as well.

Hi Brandon, depending on state, county, mortgage pay off, other payoffs, realtor fee, or any other fees on the home sell this will vary accordingly. Last home I sold in the Reno area, last week, the seller received little over 93% of purchase price.

You can sign many documents electronically, though some will need to be signed in person or with a mobile notary. Mobile notaries are available in most decent size cities. They will need to validate that the correct person is signing that actually has authority to sign.

Great question. What do you do to sell homes? How long should it take to sell my home? How experienced are you in selling homes like mine? How much do you expect that I will end up with once all is said and done? Can you sell my home? How often will I hear from you and get an update on market, feedback on showings, and what changes need to take place to get my home sold?

Generally yes, you will have closing cost when selling and different closing costs when purchasing. It will depend on how the contract is negotiated in each case, though often when selling you will pay for realtor fees, title insurance, transfer tax, and potentially other fees specific to the contract or state. When purchasing you will often pay for lender origination fees, transfer tax, escrow fees or attorney fees and potentially other fees specific to the contract or state.

There is no "standard" in the industry. In general, commissions are completely negotiable and depends on the specific agent or brokerage. Often the seller wants to minimize how much commission is offered out to one of the agents or both, though keep in mind that the commission is really an incentive for each agent to perform. The less you offer out, sometimes you can save some, though the less incentive there will be. The more incentive there is often will mean more service, care, diligence, and better results. This isnt always the case but something to consider.

Both an agent or a broker are fine. The title of Broker often means more knowledge or experience though not always. You will want to talk with a couple and determine which is better suited to provide you an good experience and knowledgeable about the market you are in.

Comparative Market Analysis. which consists of most recent sales that are comparable to yours and what your competition looks like. Its used to determine current market value.

I would suggest exactly what Jim recommended for questions. 2 additional questions to consider: 1) Do you have a preferred lender and what benefit is there to go with? 2) What is the process to getting something fixed after closing and moving in that is under warranty? Sometimes getting things fixed can be trouble, maybe even ask others in the community to see what there experience has been.

Definitely an experienced agent that can inform you of what is important on the specific home you are interested in, depending on area, age, condition, and many other factors. Secondly, ordering inspections that are going to be important on the specific type of property looking to purchase, like home inspection, pest inspection, or others that apply. Third, get title insurance.

Staging can certainly help. Best to find a great agent in your market and ask them to view your home and assess. In some cases minimal staging is needed, in others you may be able to arrange your own furniture appropriately and other times its recommended to have fully staged. Depending on the current market conditions and price point can factor in as well on if the extra cost will be justified.

The actual appraisal inspection can take as little as 1 minute and as long as an hour depending on the particular appraiser and the extent of the property they are appraising. Most take about 15 minutes in my experience.

If your buying to live in your home long term than it usually always makes sense to purchase rather than rent. If your buying to live in short term, then the market could go up or down by the time you go to sell and can be very risky. Historically the market goes up over time. So depending on if you plan to stay in your home for a long time on not would be a big deciding factor.

If you mean out of pocket as upfront cost needed, than usually little to no upfront cost is needed when selling a home. Most fees and costs can be covered through closing costs and come out of the proceeds. You may want a little money for repairs and HOA resale packages.

The more open houses the better. The more available the home is to potential buyers the better. It can be a bit of a pain to leave and have the house presentable for the open houses and that will have to be something that you will have to decide if its worth it. If you are very motivated as a seller then more open houses certainly cant hurt.

Hello Ha, looks like you are asking as a buyer and wanting see if the agent will reduce their commission. If so, you will want to find out how the agent is getting compensated. Personally when representing a buyer I very rarely get compensated by the buyer at all. In general, the buyers agent will get a commission offered out by the sellers Broker. In this case, generally it is not standard practice to negotiate the commission if you are not the one paying it. If the buyers agent has an agreement with you on compensation then you can certainly ask if they would work with you on lowering their fee. Some are willing to do so, though others are not. Either way, in that case you can ask and unlikely going to be taken as rude.

I can see why an agent would ask of you to sign a buyer broker agreement, though not insist on it. Talking with a couple agents to see what your options are can be a good idea. You will want to agree on a price before signing anything.

You say "attached," are the bathrooms directly accessible to the bedroom or do you have to go into a hall way first to access another door? If you have a bedroom that has direct access to its own bathroom then you should be able to list it as a master suite.

You can certainly sell a mobile in rough condition. Depending on if the home personal property or real property will factor in to the value and what type of licensee can assist you in selling it.

Yes, commission is 100% negotiable.

Have a great agent price it correctly to market value and allow maximum exposure to buyers looking for fixers and it can usually sell quickly.

Clean, make any needed repairs, and price it perfectly to attract the maximum interest.