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COMMONLY ASKED QUESTIONS FOR CALIFORNIA TEST HOW TO
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Your home's assessed value and market value are each determined by different factors.īuyers and sellers affect the market value of a home, while professional appraisers calculate the assessed value. Why is my home’s assessed value different from the market value? If you’re just curious and don't want to spark up a conversation with an agent, you can also use an online home value estimator to get an idea of what your home is worth.ĭiscover the true value of your home with our Home Value Estimator! Find My Home's Value 4.

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Get a free home valuation from a top local realtor today! They’ll see what these homes recently sold for or are listed for, and use this as a starting point for your own list price.Ī great agent will be an expert in their local neighborhoods, so they’ll be able to price your home to sell without sacrificing your hard-earned equity. To perform a CMA, your agent will find similar homes in your neighborhood that have the same square footage, number of bedrooms, and number of bathrooms. The first step in deciding your home’s list price is to get a comparative market analysis (CMA) from a real estate agent. What should the list price of my home be?

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» LEARN: How to Sell Your House Fast (A Comprehensive Guide) 3. » READ: How Long Does it Take to Sell a House? (An In-Depth Guide) You can also set a competitive price with the help of a top real estate agent.Ĭlever Real Estate’s partner agents sell homes faster than the national average with lower commission fees. However, if it’s a seller’s market and homes are selling quickly, you might not need to make these repairs. You can make impactful repairs, like adding new carpet or painting the interior. To avoid this, there are some things you can do to help your home sell faster. You’ll still have to pay your mortgage, taxes, and utilities until the buyer officially closes. The longer your home is on the market, the more money you lose. Financing deals usually take an average of 42 days to close, whereas cash deals take only one to two weeks.

How the buyer is financing: If a buyer needs to take out a mortgage, this may slow down the process.

The condition of your home: Homes in great condition may sell faster than homes that need more work.

Conditions in your local housing market: Homes sell faster in a seller’s market, when there is low inventory and high demand.

The time of year you’re listing: Homes tend to sell faster in the spring and early fall.

The exact time it takes to sell a home depends on a few things, including: That includes 25 days on the market and 30 to 45 days for closing.

On average, a house takes between 55 and 70 days to sell.

» LEARN: Best Paint Colors to Sell a House 2. » READ: 18 Essential Tips Get Your House Ready to Sell in 2021 You may need to rent a storage unit if you don’t have a place to put them all. Put away your family photos, knick-knacks, and other personal items. If you’re not moving out before listing your home, you’ll also need to depersonalize and declutter. White, creams, and grays can make rooms seem bigger and help potential buyers see themselves living there. Little things like patching holes in the wall, changing burned-out lightbulbs, and repairing broken appliances can make your place stand out in a crowded market.Īnd don’t forget about paint - returning the walls to a neutral color can help your house sell quicker. Mop the floors, scrub the bathrooms, and get rid of all the grime in the kitchen. This means giving the entire house a thorough cleaning and making small repairs. When preparing to sell your home, the first thing to do is make it presentable. How do I prepare my home before I sell it? The top 15 real estate questions to ask when selling a house 1. Find an experienced real estate agent near you today! A realtor can answer questions based on your local market, giving you the confidence and knowledge you need to navigate the real estate process. If you have other questions about the buying or selling process, we highly recommend connecting with a professional real estate agent. In this guide, we’ll answer 30 of the most common real estate questions to help you better understand the market and all of your potential options.

Real estate transactions are notoriously complicated, so it’s normal to have questions during every step of the selling or buying journey. Whether you’re planning to sell your house or buy a new one, the process can feel daunting. Questions for sellers | Questions for buyers Are you a top realtor? Join Clever’s networkĭo you want to close more loans? Join Clever's partnership program