Jillian Hogan

We are located in Virginia and this answer could change based on jurisdiction. A purchaser owns the home as soon as all parties have signed the documents at closing. So closing date would be the earliest date that you have rights to the property. Some jurisdictions can mandate that the ownership doesn't transfer until the new Deed is recorded at the Courthouse. That said, until closing is completed, you do not have any ownership of the home.

I would highly recommend writing a note, if knocking on the door is not within your comfort zone. Some signs of selling are a "junk" box our front where they are beginning to clear out the home OR an increase in contractors visiting the property all around the same time. We have had great success with hand written notes. Key word there, note(s). I wouldn't stop with sending only one and them truly knowing your genuine interest.

First and foremost, this is not awkward. We are very comfortable with this conversation and I think it is one worth asking. To answer your question, there is no longer an obligation or expectations that a seller pay a buyer broker compensation. A seller still has the right to offer it, if they would like to use that as part of their marketing efforts. Where it is marketed, has changed. The buyer will submit an offer with or without the request for the compensation coverage and you and your agent will decide on how to respond to that line item, just as you will discuss the remaining line items on the contract. Hope that helps!

I have found these offers to be less than the home's value. You can still sell fast and not be ripped off. I suggest consulting a local Realtor or Home Appraiser to gauge the value of the home in the current condition that would bring a quick sale. You can compare that against the value the company provided and make a decision from there. It doesn't hurt to ask all parties for their offers in order to determine what is best for you.