If you are looking to sell in the Bronx, your head is probably swimming with questions. Selling a home is exciting and confusing all at once, so we expected that! Today we are going to answer four of our clients’ most common questions about the home-selling process.
Question #1: When is the best time to sell my home?
The best time to sell your home is when you are financially and emotionally ready to do so. While the spring season is the most popular season to sell a home, a motivated seller can experience real estate success at any time of year.
Question #2: How much is my home worth?
If you are looking to sell in the Bronx, your agent will use information from recent home sales in the area to arrive at a listing price for your property. This is called a comparative market analysis. It’s not a perfect science, but it is a valuable tool in a real estate agent’s toolbox.
Question #3: Should I leave room for negotiation in my list price?
If you are looking to sell in the Bronx, you shouldn’t price your home to negotiate. You should price your home to sell! In other words, if you price your home too high, you could send serious buyers running in the other direction. This doesn’t mean you should settle for less than your home is worth. It simply means that your initial listing price should be fair for all parties.
Question #4: What is your commission?
Most real estate agents charge between 2.5% and 3% of the home’s sale price in commission. It’s common practice for sellers to pay the buyer’s agent’s commissions, which is usually a similar percentage.
Team Up With BronxAgents Today!
Today’s blog only scratches the surface of our sellers’ most common questions. If you are looking to sell in the Bronx, connect with Kenny and Annecy Fuentes to learn more about listing your property for sale, and stay tuned to future posts for more answers to your burning questions!