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Selling your home is a relatively straightforward proposition: a buyer is found; an offer is made and accepted; a closing occurs and you are paid.

A buyer is found:

If you have performed the suggested work on your home (clean, paint, carpet) you are ready for the more abstract task of pricing your home. The price is the single most important part of the process. A well priced home will sell faster and generate more money than the one that is not as well priced. Here are a few ways to arrive at the price for your home:

More questions

Should I have my home inspected prior to attempting to sell it?

No. You know what is wrong with your home. Fix the items that are a problem. If you have a well and/or septic system, you may want to get those items inspected and repaired prior to attempting to sell. The buyer will normally not be able to use your inspections to satisfy their lender's requirements.

Should I have my property surveyed?

It depends. If your property line is visible and clearly marked, you probably do not need to survey. If there is a question as to line location, tree line location, driveway location, fence location, etc., pay for a survey and make it available to your agent.

Should I hire an agent?

It depends.  Some people are more than capable of selling their own property.  Some can find a buyer, but are unfamiliar with the required paperwork.  For the latter, we offer consulting services.

How do I choose an agent?

Being someone's real estate agent is a little like dating. You spend a lot of time with each other.  Why not hire someone competent whom you like?  This is what I would suggest:

  1. Get an appraisal. (see above)
  2. Get referrals for agents from other sellers, friends, etc.
  3. Interview those people.
  4. Pick the one that you like best.
  5. If you find two agents that are equally adorable, ask them to split the listing between the two companies.

What I would not do:

  1. I would not have the agents do a market analysis.
  2. I would not automatically hire the top producer.

Are there real differences between agencies?

No.  There are small differences.  However you are not hiring a company, you are hiring a person.  Find one who is competent and with whom you can relate.

My agent is a fool, with no measurable IQ, and spends all day by the pool eating bon-bons.  Is this why my home is not sold?

No.  If your home is in the multi-list and is fairly easy to show, your home will sell despite the best efforts of your agent.  If your home is a fairly typical home and is not sold, it is overpriced.

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  The most controversial area of the home is usually the roof. Home inspectors sometimes fail roofs that look fine but are 'past their useful life.'  In this section, we will assume that the roof functions properly.

  1. If your roof is very visible (low side lot, ranch home, etc.) and looks bad, consider replacing it.
  2. If your roof looks bad, but is not very visible, leave it alone. Remember, we are talking about a roof that functions properly.

 More questions:
I think that my roof is at the end of its useful life. What should I do?

    The answer depends on the roof's visibility. If it needs to be replaced, replace if visible. If the inspector believes that the roof is at the end of its life, you may need to replace it. However, you can usually ask the buyer to help pay for part of the new roof. The buyer bargained for the old roof and, for the same price, is now getting a new one. This hardly seems fair. Most reasonable buyers will help pay.

I thought you said that the only things to be done were to 'clean, paint, carpet?'

    Think of your roof as an elevated carpet!

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FYI!

 real estate terms

utilities

tax millage rates

closing cost info



great links!

buyer closing cost software

on-line mortgage calculators

PA Association of Realtors

Butler Chamber of Commerce

US Census Bureau

US Geological Survey

 

 

 

 

 

 

 

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1074 Route 8  Valencia PA 16059   724.898.1222  Fax 724.898.1250
e-mail  office@wesellButler.com

Copyright November 1, 2000 by Barry Woolner, Town & County Realty, Incorporated

All information is deemed reliable but not guaranteed and should be independently verified.  All properties are subject to prior sale, change or withdrawal.  Neither the listing broker(s) nor Town & County Realty, Inc. shall be responsible for any typographical errors, misinformation or misprints, and shall be held totally harmless.