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Shannon Thomas's Advice

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  • 230 Contributions
  • 4 Best Answers
  • 24 Helpful

Shannon Thomas wrote:

What is "normal" for Homepath offer negotiations?

Answer
This is the way it works with bank owned properties and can seem like its a handshake transaction due to email and voice negotiations from the bank to the listing agent, to the buyers agent and then to the buyer. It does seem unprofessional but often times the bank won't sign until the details are hammered out after the (verbal) acceptance. Sounds like your agent is representing you well
February 19
(0)

What is the standard commission rate in 46227, Indianapolis, IN?

Answer
The commission rate varies and is always negotiable.  Find someone you trust and feel confident about their approach to selling your home.  An internet savvy agent is very important.  Virtual tours, you tube, twitter, blogging, Zillow, trulia and so many other places and ways to market on the web.  Good Luck with your sell
January 14
(0)

Zillow Zestimate

Response
zestimates aren't appraisals.  Zestimates doesn't take into account so many factors, its really a guestimate based on tax values in the area and that criteria doesn't work when selling or buying a home. Its really a thorn in us realtors side to try and explain to a buyer.   
January 12
(1)

When the owner is selling his / her home, does this period of time count as days on the market?

Answer
Your history will start with the listing service at 0 but the days on Zillow or Trulia will start at where the days listed left offHope this helps
January 12
(0)

How can I determine what I should list my home for, without unsung a realtor?

Answer
I would hire an appraiser to do an appraisal on your home.   The next best is have a few Realtors do a cma and list to sell price statistic in your neighborhood for the last year and the last 6 months so you can see what is trending.  Selling your home your self  can be very time consuming, complicated and overwhelming but can and is done with out a realtor.  Most try and then list with a Realtor.  There are so many details.  Good luck
January 12
(0)

Year Built

Answer
Buyers buying older homes are different from buying new homes.  Make sure you do updates on your home as time goes by and you should have no problem on resell. 
January 12
(0)

zillow estimate

Answer
zillow zestimates are not reliable at all on property values.  Probably a bank owned home that wasn't in good condition sold recently in the area.  Zillow doesn't take into account condition, updates and many other factors.  If you want a better idea of worth call a realtor or better yet get an "as is" appraisal done for resale.  Good luck
December 30 2013
(1)

What is the best time of year to sell my home?

Answer
This time of year, serious buyers are out and are usually ready to go but there are fewer buyers.  There also are fewer sellers so you would have less competition.  Call and interview a few Realtors and see what they say about your area.  Ask for list to sell statistics for your area. 
December 11 2013
(0)

If my home will be sitting empty for a month or two, is it okay to have the water turned off?

Answer
I've seen first hand the terrible damage that broken pipes can do.  So better safe then sorry.
December 11 2013
(0)

What can I do to prepare my home for sale?

Answer
Hi Frank,It can be overwhelming but the important thing is to start.  De cluttering, depersonalizing, everywhere even closets and the garage.  I would have a few Realtors out and have them give you some pointers and an estimate of your listing price.  Here is a list of selling points I wrote about.  Going to view a few homes in the area where you want to live helps to show you what you need to do.  When you walk into a home you will realize the importance of, clean, repairs, de cluttered, paint.  The things you want in a home is what the buyer will want when they come to view.  Good luck
December 11 2013
(0)
 
 
 
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