Answers by Jamie Moreng

Eric, Great question. Without doing a complete overhaul or breaking the bank, you’ll want to focus on the basics; hire a landscaper to reseed the lawn & or provide some type of lawn care. For the trees you’ll want to replace if dead, but if not a simple trimming & pruning will go a long way. If you’re looking to add a higher level concept or design to your property, it’s been to discuss sale value & the current market dynamics to ensure you’re going to get a return when selling. Sometimes you’ll find designing landscaping can be a costly project & that money may be spend more efficiently on interior upgrades if you haven’t already done so. Happy to help discuss if you have any further questions.

Besides experience, here are the most important factors that affect commission. 1. Marketing Plan; What is the agents marketing plan? Are they taking photos with their IPhone, do they offer professional photos, videography, 3D tours, floor plans etc? Does the marketing plan include email marketing, print mailers, staging & any other strategies to help you get top dollar for the home? Typically with discounted commissions you will get discounted service and/or marketing. 2. The Local Standard: If you are a seller demanding your agent take a Listing for a total of 3% (1.5 /1.5) & the avg listing commission is let’s say 5 or 6% (2.5-3%) per side in your local market you may think twice about doing so. The average agent sells about 4 homes on average a year so think about some on who has a buyer that 1/4 of their annually income depends on your listing to get paid 1.5 instead of 2.5 or 3%. The local average usually keeps sellers honest to ensure they are offering out a good incentive to buyer’s agents to get buyers in the door. Once you have that down, the listing agent side typically comes down to how extensive you value their marketing plan. If you do sell your home after an agreed upon listing agreement with defined commissions with list & expiration date, then both parties would legally be obligated to honor those numbers in that period. The agent cannot change the commission unless agreed to in writing by the seller.

Hi Paul. Great question. Yes, you will need a licensed real estate agent that belongs to your local MLS to expose your property to the most buyers online, as well as, other agents and their buyer’s through the MLS exposure. When an agent lists a property on the MLS, this typically will syndicate & blast your property l out to all the major sites like zillow, trulia, realtor.com etc. I would hire the right agent who can explain the benefits of the MLS.

Charlene, Great question. As many have mentioned, this is largely influenced by timeline. If both parties had attorney representation a week in atty review seems like a long time from my experience. If you were still in review, they the sellers can absolutely back out of this obligation. Once the executed rider is in place, the inspection & appraisal contingency are satisfied, then & only then would there be a more likely scenario where both buyer and seller have obligations to fulfill on the completion of the sale.

CN, That is a great question. In this market, possibly more than you think! Schedule a 30 min Strategy Session with me, we can review your home value, your timeline & overall goals that you’re looking to accomplish. Here is the link: https://www.movewithmoreng.com/selling-made-easy

As many mentioned, several factors play a role in determining how much you can be qualified for. Income, as well as, debt to income & credit score will be very important. Keep in mind, while how much you can qualify for is great, we have many clients who don’t necessarily want to take a loan and extend themselves to the max. It’s important for you to look at your monthly costs & determine what may be a comfortable payment for you. Justin Bonura NJ Lenders is an amazing lender. If you have any questions. [email protected]

Yes you can Brigette. We typically would disclose this type of sale to potential buyers in our agent & advertising remarks to ensure buyers understand what they are getting into. As-is sales are not uncommon, however buyers that purchase as-is expect some type of discount for the work it may take to get into living condition &/or any other city permits required if your city needs a CO to close.

Hi Nina, There are a bunch of free estimate tools like z-estimate or redfins website. Although they are free they tend to be off by a lot, sometimes anywhere from 10-20%. If you would like a more clear and precise estimate on your home schedule a 30 min strategy call with me. We will provide a detailed analysis, as well as, a NET sheet that gives your bottom line $$ after all expenses of the transaction are paid. Click below to learn more: https://www.movewithmoreng.com/selling-made-easy

Tara Marie, No inspections are not required. However, unless you’re buying a knockdown or doing a rebuild (even then you prob want to do a tank sweep) we would strongly recommend an inspection during a home purchase, as it’s typically most of our clients biggest purchases of their life. Reach out to my preferred inspector if you need assistance @ [email protected]

Yes you can get away with it, but the most important question is at what cost. You see, most buyers walking through your home will see these items as a “red flag” depending on how significant the repair is. If the repair is minor and cosmetic, it’s always best to fix this prior to putting your home on the market. If there is significant damage, then you may need to do an analysis of the after value repair. The risk in not fixing anything may limit your buyer pool to cash buyer and or investors, who typically will pay much less than your owner occupant buyer. Hope this helps.

Candy, The best way to find home value is to setup a call with a trusted & experienced real estate professional. We will review specifics of your home, including all its features & benefits, as well as, location & then compare it to similar properties that are either on the market or have recently sold. If you want to book a free consultation with me please book below or even better reach out directly through fast experts to hire me. https://www.movewithmoreng.com/selling-made-easy