Home Selling in Wilmington : Real Estate Advice

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Jay Seville, Real Estate Pro in Fairfax, VA
Jay Seville answered:
what percentage of a Listing agents/ co sell a home?
Your question needs to be rephrased or clarified. Are you asking how often listing agents bring a buyer to the table themselves and sell the home? Or are you asking what percentage of ... more
0 votes Share Flag Wed Feb 13, 2013 Home Selling in 28412
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
I will be selling a condo in Skokie, Illinois, suburb right next to Chicago.. Typically, what percentage will I have to pay a real estate agent?
Legally, there is no "typical, customary, usual or traditional commission!

I sure hope the other agents who come along understand the Sherman Antitrust laws - federal laws which pro ... more
0 votes Share Flag Sun Dec 16, 2012 Home Selling in 28412
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
How can you tell the difference between normal wear and tear and actual damage?
You sort of just know which is which based on some common sense. For example, a hole in the wall is not wear and tear but a non working water heater would be.
0 votes Share Flag Tue Jul 10, 2012 Home Selling in Wilmington
Victory Prop…, Real Estate Pro in Raleigh, NC
Victory Property Management asked:
What are the benefits of energy audits for owners? Victory Realty 4002 1/2 Oleander Dr. 1A Wilmington, NC 28403
Serving Wilmington area, Carolina Beach, Kure Beach, Wrightsville Beach, Leland, Ogden, New Hanover County
0 votes Share Flag Thu Jun 14, 2012 Home Selling in Wilmington
Tammy Sanders, Real Estate Pro in Wilmington, NC
Tammy Sanders answered:
What are some effective ways to increase the value of your home before selling?
Call me and I would be glad to give you a no obligation, no pressure run down. There are some very inexpensive things you can do that make a powerful impact. I'm free now! 910-793- ... more
0 votes Share Flag Mon Mar 5, 2012 Home Selling in Wilmington
Caroline Dug…, Real Estate Pro in Wilmington, NC
Caroline Dugas answered:
what percentage do real estate listing agents get and what is the average listing contract time?
Commission percentage is always negotiable. Most likely is 5-7%. Most people list for 6 months at a time but an agent may ask for longer if it is a unique property that may take longe ... more
0 votes Share Flag Sat Jan 21, 2012 Home Selling in 28412
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Am I, seller, required to turn on utilities for a short sale home inspection in NC? I have moved out of the state and the home has been vacant.
How can you expect them to do the Inspections without Electricity and Water?

Can't you just entrust this chore to your Listing Agent?

Can't you just call the Power Compa ... more
0 votes Share Flag Mon Jan 30, 2012 Home Selling in Wilmington
Tammy Sanders, Real Estate Pro in Wilmington, NC
Tammy Sanders answered:
what if you owe 78,661.72 on your house and your vaule only is 77,200.25 what shouldwe do aand it renter property
You should call an expert for advice! I have over 25 years experience, sales and rentals! It's Friday night! July 4th weekend. Think you can reach an agent, probably not but you ... more
0 votes Share Flag Sat Jul 2, 2011 Home Selling in Wilmington
Mike Malina, Real Estate Pro in Wilmington, NC
Mike Malina answered:
What is the trend in the past 6 months for home sales, up or down, or stable. . .
Prices fell through the winter then took a big bounce upward. Activity was very high in March/April but has since moderated. This is a typical cycle right around Spring Break to slow ... more
0 votes Share Flag Sat May 14, 2011 Home Selling in Wilmington
Phil Rotondo, Real Estate Pro in Melbourne, FL
Phil Rotondo answered:
. Can we back out of offer to purchass as the seller if we decided to stay in our current house?
If you're under a written contract to sell your home and the buyer objects to you reneging, it's more than possible that you will need to consult an attorney.
0 votes Share Flag Sat May 7, 2011 Home Selling in 28401
Beth  incorv…, Real Estate Pro in Lutherville Timonium,...
Beth incorvati answered:
I'm selling a second home. Is it a good idea to sell the home furnished or does this just complicate the sale?
It depends.
If the second home is an area where it is common to include the furniture - like a resort/beach town - then no complications. However, if that's not the case - I' ... more
0 votes Share Flag Fri Nov 28, 2014 Home Selling in 28403
Barrett Powe…,  in Cary, NC
Barrett Powell answered:
Does dropping the price of a house make the seller look desparate?
Not necessarily.

However it is always best to price the property "right" to begin with. Studies have shown that when a property is priced right, it actually sells sooner a ... more
0 votes Share Flag Fri Nov 28, 2014 Home Selling in 28403
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Which would be better as an incentive to buyers - a reduction in price or an allowance for closing costs?
A reduction in price may mean more potential buyers visiting--keep in mind that a home is worth what someone is willing to pay for it; it doesn’t matter what the seller needs or ... more
0 votes Share Flag Tue Aug 17, 2010 Home Selling in 28403
Chris Hoskins, Real Estate Pro in Carolina Beach, NC
Chris Hoskins answered:
My home backs up to a noisy street and we have had no offers. Would it be better to add a fence to try to reduce noise or better to drop the price?
Ultimately would be best to do both the fence and price reduction if that is feasible. Otherwise, do a fence and some Leyland Cypress and offer to pay some closing costs to buyers in
0 votes Share Flag Tue Aug 10, 2010 Home Selling in 28403
Sal Khattak,  in District of Columbia
Sal Khattak answered:
If I offer the selling agent $5000, are agents more likely to show my house? Is offering a bonus worth it?
NO !

See if you can make your property by providing more detailed information. Various report are available from HouseFax Report folks...
0 votes Share Flag Fri Aug 13, 2010 Home Selling in 28403
Linda Root, Real Estate Pro in Wilmington, NC
Linda Root answered:
What is the average real estate agent sales comission in WIlmington NC?
Sales commissions are negotiable; typically you will see them between 5 %and 6% where that total is split between the agent for the buyer and the agent for the seller. But nothing is ... more
0 votes Share Flag Tue Aug 17, 2010 Home Selling in 28403
Sean Dawes, Other/Just Looking in Philadelphia, PA
Sean Dawes answered:
What is the best time to put a house on the market in the Wilmington NC area? And what is the market like right now?
The next two or so months are typically slow months however since the tax credit has been extended, numbers should be higher than it would at this time without the tax credit.

If you ... more
0 votes Share Flag Tue Dec 15, 2009 Home Selling in Wilmington
David - Appr…,  in Maricopa, AZ
David - Appraiser answered:
I have a home that has a master on the 1st floor and two bedrooms upstairs and a bathroom. When you walk through the bathroom there is a room over?
Based on your description regarding ingress/egress (access in and out) and lack of closet space, for valuation purposes (appraisal) the answer would be NO, it would not be considered as ... more
0 votes Share Flag Tue Dec 15, 2009 Home Selling in Wilmington
Kevin Mcrill, Real Estate Pro in Wilmington, NC
Kevin Mcrill answered:
Can you post a house for sale on Trulia?
Erin- if you list your property on the Wilmington MLS your listing will be posted on Trulia in addition to another 30+ real estate websites including the broker's website. In thi ... more
0 votes Share Flag Tue Feb 10, 2015 Home Selling in 28411
Daniel Eberw…, Real Estate Pro in Clayton, NC
Daniel Eberwein answered:
Creative Marketing Ideas??
Pat - in today's market, a house "priced right" is going to sit longer, as many buyer's want bargains right now, whether they are real bargains or perceived bargains. Three factors aff ... more
0 votes Share Flag Mon Jun 15, 2009 Home Selling in Wilmington
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