Ask me about a complementary Sellers' Report!!!
Step into my lovely office to chat with me and meet my supportive brokers. We are located in South College Station close to highly desired restaurants, boutiques, local businesses, grocery stores and more.
Please reach us at brooke@reichpartners.com if you cannot find an answer to your question.
The first impression of your home is huge! Buyers walking through a home are actively looking for ways negotiate the price or pass all together. When you hire me as your listing agent, I will provide a detailed listing instruction package as well as a hands on approach to prepping your home for buyers. Some major items to think about when prepping your property: roof, HVAC, plumbing, and electrical system in pristine or working condition. Kitchen and bathrooms need to be spotless. Each room should look clean and decluttered with no overt damage insight. These are simply a few of the many items to prep when getting ready to sell.
Yes, great idea! Getting a pre-sale home inspection allows you preparedness. This will help you to know what items need to be addressed before putting the home on the market. This way you can budget and plan to fix what items are most important in the sale of the property. Most homebuyers will hire their own home inspector during the option period. In this case, the seller is ahead of the game and most likely has less repairs to negotiate thanks to prior due diligence.
This is a question for your realtor at the time. Time frame of selling a home varies greatly and is highly dependent on the current market temperature. Once the home is on the market, it may take anywhere from 24 hrs to 6 months. When you hire me as your realtor, I go through the data with you and provide the current market temperature and local trends. We will work together through my proven listing strategies to sale your home at the highest price in the shortest amount of time possible.
Once again, this is why you hire me, to get the price right! I have access to the most recent data which guarantees a more accurate listing price based on the temperature of the market and what has recently sold. Factors contributing to your home sales price:
A public tax assessor gives the assessed value for a property annually for taxation purposes. The fair market value differs because the sales price is agreed upon between a willing buyer and seller.
Assessed home value can be a double-edged sword when the assessed annual value increases raising their yearly taxes. On the flip side, with an increase in assessed value, a sellers market value will also get a boost in value.
Commissions are typically paid by the seller usually amounting to 5–6% of the home’s final sales price. In most cases, the buyer’s agent and the seller’s agent split the commission 50/50, both receiving a 2.5%-3% fee. Some agencies will work at a discounted rate and unfortunately you often get what you pay for. If someone is discounting, you might ask yourself why?
The real question in real estate is “what isn’t negotiable?” So Yes, almost everything in real estate is negotiable. Market saturation will determine how much wiggle room there is for negotiation as well as the flexibility of each party. Understanding supply and demand is helpful. Low demand can mean a buyer getting a lower price where high demand is going to drive those values up. This is when it is so important for both buyers and sellers to hire a real estate professional in tune with the local market.
Please reach us at brooke@reichpartners.com if you cannot find an answer to your question.
Get pre-approved for a mortgage. Without pre-approval, it will be almost impossible to purchase a home. No need to worry though, this is why you hire a Realtor. I am happy to help guide you to the resources you need getting started on you home buying journey.
This is a slightly complicated question. The answer depends on one’s financial means and flexibility to move. When, taking on a new mortgage, a buyer may need more equity to purchase a new home, and therefore, need to sell their current home to meet lender requirements. Keep in mind, in a multiple offer situation, sellers may prefer an offer that is not contingent upon the sale of another property. In this case, it may benefit you to sell your current home before purchasing another.
Yes! A home inspection is one of the most important steps when purchasing a property. A professional inspector will be knowledgeable on structural and cosmetic issues, along with any local code issues. Their expertise will help you define the real value of the asset.
YES!!! Although it’s not required, I highly recommended a final walk-through. This is an opportunity for buyers to make sure nothing has changed from their initial, or previous visit. If repairs were negotiated as part of the contract then a follow-up visit ensures all repairs are done accordingly.
YES!!! Although it’s not required, I highly recommended a final walk-through. This is an opportunity for buyers to make sure nothing has changed from their initial, or previous visit. If repairs were negotiated as part of the contract then a follow-up visit ensures all repairs are done accordingly.em.
Earnest money is similar to a deposit when renting a place. It is made in good faith to demonstrate to the seller that the buyer’s offer is legitimate. Buyer’s usually need to provide this as a check or cash. The amount is typically 1-2% of the sales price. With the option money, this gives the buyer extra time to conduct a title search, get an inspection and property appraisal, and financing.
This is all about preference. Luckily, I can show you homes virtually and many homes listed have photos with virtual tours on the website. You can tell quite a bit through these online resources. Once you select your favorites, I am more than happy to show you the homes in person and guide you in the decision process.
If you get cold feet about a property, that is okay. You have me, your trusted real estate EXPERT! I know all the many legal ways to get out of contract with or without your earnest money in tow. You won’t always have to forfeit the earnest money, which again, is around 1–2% of the sales price.
A mortgage is a type of loan to finance a property. The majority of people do not want to use all their cash reserves on a single property. A mortgage serves as a secure loan that comes with a fixed interest rate and gets paid off over 15 or 30 years. If purchasing during an economic cycle with higher interest rates, you will have the option in the future to refinance your home and lower that undesirable rate.
Escrow is a term that refers to a neutral third party hired to handle the exchange of money, property transaction, and related documents. You may better know this term as the Title Company. The Title Company holds the money and documents in a trust until all terms and conditions of the sale are satisfied. As a local real estate professional, I have connections with multiple local title companies with amazing reputations of exceptional customer service. When you hire me, there is no need to stress over this detail of the process.
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