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| For Home Buyers
Frequently Asked Questions,
go
here. |
Home Sellers Frequently Asked
Questions
Q. How Should a Seller
Set a List Price for a Home?
A. In recent years home owners
had been able to sell their houses for ever higher
prices -- ignoring comparable sales. Those days
are ancient history. Today, armed with mountains
of information on the MLS (Multiple Listing Service) and
other databases, buyers are fully informed about what
similar homes sold for. Moreover, it is now a
buyers' market and buyers are definitely squeezing home
sellers these days.
Some sellers, however, still
believe in the old myth...[more]
Q. What Facts Should a
Seller Disclose About the Home?
A. Everything. The
law requires full disclosure. A seller should
never try to hide a problem with the property.
Sooner or later the buyer will find out and may,
unfortunately, come back to the seller, armed with a
lawyer.
Q. Who pays for what fees and costs when
buying a home in Las Vegas?
A. There are common
costs involved with the sale and purchase of a home in
Las Vegas and Clark County. To see a list of what
buyers and sellers usually pay for,
click
here.
Q. What is
"Staging a Home" for Sale?
A. Think of "staging" as
preparing your home to star at a big event. As the
star, your home should be dressed in a tuxedo (or ball
gown), rather than appearing too casual, as if wearing
sweats and a t-shirt.
As an agent with years and years
of experience, I can tell you there are 2 important
reasons for this:
1. Buyers automatically
"discount" the price if a home is messy, cluttered or,
worse yet, dirty. The unspoken assumption is that
owners who are careless with the appearance of the home
were probably careless about upkeep of the home and its
systems. They assume that there may be problems in
the future and either make no offer on the property or
make a lower price offer.
2. Agents will often put a
messy, cluttered home last on the list to show their
buyers -- and the buyers may very well buy another home
before they get to that messy one.
So take a look at a
full page of
details about how to put that "Star-in-a-Tuxedo"
look into your home.
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