Frequently Asked Questions
Question: My home has been on the market for 3 months and we haven't gotten a single offer. What could be the problem?
Answer: There are several factors that determine the marketability of your home. These factors include location, size, financing, marketing, price, and condition. Of these factors, there's only one that you, the homeowner, can control and that's condition. Be sure that you have transformed your home from living condition to showing/selling condition. All things being the same, buyers will choose the home that is in the best condition, both structurally and aesthetically. Also, find out what other homes are competing against yours and ensure that your home can stand up to and stand out against the competition.
Once you have done this, check to make sure that your home is priced competitively. Even if your home is in top condition, buyers are not going to pay more for it than what it is actually worth. If you are in an Agency Agreement with a real estate agent, consult with your agent to determine other possible hindrances. If you are selling your home on your own and would like some selling tips and advice, please call or email me and I will be glad to assist you.
Question: My neighbor's house just sold for $150,000. I think that my home is much better. How can I find out how much my house is worth?
Answer: Keep in mind that, if similar in size, style, and condition, your home is only worth what your neighbor's house sold for! For this reason, it is very important that you do not "over-improve" your home because, ultimately, the only person(s) that will benefit are those who end up purchasing the home. If you would like to get a FREE Market Analysis to assess the sales activity in your area and determine what your home is worth, please call or email me and I will be happy to meet with you to discuss your options.
Question: I think that I can sell my house on my own and save money. Why should I hire a Realtor®?
Answer: Using dentistry as an example, pulling a tooth looks pretty easy, right? I mean, after all, the only thing that you have to do is find something to grasp the tooth with and yank it out. What could be so hard about that? Well, using this logic could not only cost you a tooth, but it can also be the cause of a very unnecessary and painful experience. So it is with buying or selling real estate! At first sight, selling your home on your own might not seem so hard, but without the proper knowledge and expertise, it can soon become a very daunting and overwhelming task.
There are many factors that are involved in making a real estate transaction successful such as marketing, positioning, staging, negotiating, and financing, just to name a few. Selling real estate can be like dancing on a moving floor as the rules, regulations, and laws are forever changing. For this reason, it is best to have a licensed, professional Realtor® who is well versed, experienced, and abreast of the constant changes. In other words, this is what we do! If you don't know the difference between a CMA, a PUD, or an ARM, then you need to speak with a professional today! If you are thinking of buying or selling a home and don't know where to begin, give me a call. Real estate is my second language!
Question: I am a first-time home- buyer. Where do I start?
Answer: the first in any home buying process is determining how you will finance the purchase. Unless you are paying with cash, it is probable that you will need to secure a loan, so the first thing you want to do is consult with a mortgage loan officer to get prequalified for your loan. Having a prequalification amount is equivalent to shopping with a check. Once you know how much you can spend, the next step is to find the home itself. If you don't already have a mortgage company in mind, please refer to the financing page here on my website where there is a variety of lenders to choose from. If you need further assistance, please call or email me directly and I will be happy to help you get started on your home buying journey! Happy Hunting!
Question: I'm new to the area and really don't know where to start looking. What do I do?
Answer: If you are new to the area, it is imperative that you join ranks with a realtor who has a vast knowledge of the area in question. If you are new to the Fayetteville area and need some help finding your way around, please give me a call or email to request a FREE Welcome Packet which includes maps, brochures and valuable community information.
Question: I have school-aged children and education is very important to our family. How can we find out more about local schools, both public and private?
Answer: When it comes to finding a safe place for you and your family, you can never be too careful. The best source of information regarding neighborhood crime rates is the local police department. To get crime rate information for Fayetteville, NC, just go to the community links page on my website and click City of Fayetteville Police Department. Once you are there, you will find a crime mapping feature that will allow access to crime information relative to a specific property address.
Disclaimer: Buyer or Seller acknowledges that real estate licensees are only authorized to work in the capacity of a real estate agent and cannot give advice in certain matters that may relate to the purchase or sale of the property. this includes, but is not limited to, matters of law, taxation, financing, surveying, wood-destroying insect infestations, structural soundness or engineering. Buyer or seller is advised to consult with a professional or subject matter expert in the specific field for an opinion regarding such matters.