Frequently Asked Questions
Can I sell my house myself?
Today, approximately 10% of American homeowners handle their own sales. But in order to be successful, you need to be realistic about exactly what’s involved. The routine parts of the job involve pricing your house accurately, determining whether or not a buyer is qualified, creating your own advertising, familiarizing yourself with real estate regulations to understand and prepare a real estate contract and coordinate the details of a closing. The biggest downside is that your house is only on the market when you’re home, and the possibility that a mistake may cost you the money you’re trying to save.
One of the best reasons for working with a real estate broker is the enormous amount of information they have at their finger tips – information that can help make your house sell faster and easier. They have knowledge about market trends, houses in your neighborhood and people most likely to buy there; are always on call, answering the phone at all hours of the day; through their advertising they can reach a great number of people who would have interest in buying your house; and, are trained to screen potential buyers and negotiate the price.
When is the best time to list a house for sale?
As soon as you decide to sell it. In order to get the best price for your house, you should give yourself enough time as possible to sale it. More time means more potential buyers will see the house. This should result in more offers.
How do I price my house?
Pricing a property is a combination of science and art and is a function of market conditions. Be realistic about its value, and price it accordingly. NovaStar can help you determine the price by preparing a competitive market analysis, showing the houses that are for sale, under contract or sold in your neighborhood. Contact a NovaStar agent for a “free” competitive market analysis.
What is an MLS and why do I need one?
The local multiple Listing Service is known as The Metropolitan Regional Information Stystem (MRIS). It is an online system under which brokers agree to share commission on the sale of houses listed by any one of them. So if you list your house with a broker, they will list it on the MRIS service and if another broker actually sells it, they share the commission. The clear advantage to the seller is that more people have an interest in selling your property.
How important is advertising?
Advertising remains one of the most important components of the marketing process.
Why list your house with NovaStar?
NovaStar offers exclusive services that can make selling your house easier and faster. We are sincerely interested in making the experience of selling your house a great one. So even if you’re not ready to list your house quiet yet, but you have questions about the market in your area would like a Competitive Market Analysis or anything at all as it relates to real estate, pick up the phone or Contact Us at: www.info@novastarre.com.