If you are considering selling your home in North San Diego County and beyond, now might be the time!
Our current real estate market has buyers scrambling for properties. Many properties are receiving multiple offers. So, in essence, it’s what they call a seller’s market. But . . . here’s the rub: it’s a little bit different from the seller’s markets of the past, so you need to consider your sale carefully.
- Do you know the current value of your home? Consult a qualified Realtor® and obtain a Comparative Market Analysis so that you can see what your home is worth based upon market data about the recently closed transactions in your neighborhood.
- Determine whether the sale of your property will be a traditional sale or a short sale. Ask a qualified Realtor® top help you. In a traditional sale, the seller has equity in the property and will make money on the sale. In a short sale, the seller owes more on the home than it is worth. The mortgage lender, in many cases, will forgive the difference between the sale price and what is owed.
One common question that I am frequently asked is about how to determine if a particular Realtor® is qualified to help you. (It’s a great question because there are over 100,000 Realtors® in the state of California!)
The best way to determine someone’s qualifications is to ask lots and lots of questions. Make a list of questions to ask before your meeting. If you are stumped, try these:
- How many properties have you listed in (your area)?
- How many people do you have on your staff?
- Who would I be speaking to if I had a question?
- If I need to find you on the weekend, how could I get a hold of you?
- My property is a short sale. How many short sales have you successfully closed this year?
- Have you every worked with (your mortgage lender)? What has been your experience with (your mortgage lender)?
By asking good, probing questions you will be able to determine the best Realtor® for the job. Taking a little time making decisions at the beginning will have great results including an effective closing and the most smooth, efficient transaction possible.
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