Seller FAQs
Q. How do I set the sale price?
A. I help you determine home values based on comparable
transactions, current market conditions and your home's
maximum value. The sale price is then determined by you.
Q. Do I need a home inspection before I place my home on
the market?
A. No, the buyer will pay for any inspections that they
require. However, you may consider conducting a home
inspection prior to marketing your home, to identify any
surprises that might arise after you have accepted an offer.
You will be responsible for any certifications required by
your state before you can close on your home.
Q. I live in Massachusetts, and have heard that I need a
Title V (Five) Certificate? Can you tell me what that is?
A. In Massachusetts, if you are selling a property with a
private septic system, the law (Title V) requires that a
septic system inspection be performed by a licensed System
Inspector and that the system be certified in compliance
with the law. In order to be valid, a certificate must be
obtained within two years before your closing.
Q. Do I need a lawyer?
A. We recommend that you have a lawyer to review the
contracts and other documents involved in your real estate
transaction. You also are likely to require a lawyer to
prepare a deed transferring your property to the buyer.
Q. Should I counter-offer?
A. This is your decision to make when presented with any
offer. When you counter-offer, you have effectively rejected
the buyer's offer and offered to sell to them at another
price and/or on other terms. The buyer may, or may not,
agree to your counter-offer. When evaluating offers, you
should discuss all the possibilities with your agent in
order to be comfortable with the decisions you make.
Q. Why hasn't my home sold yet?
A. This can be a common concern for a seller, but the market
may fluctuate from day to day, so it is necessary to be
flexible enough to respond to that market in a timely
fashion. Sometimes, the price needs to be adjusted;
sometimes the condition of the home needs attention. In
other words, it may be one thing, or a combination of
things, that affect the time your home is on the market.
Your agent can advise you on what needs to be done to
increase interest.
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