Whether you’re looking to sell your current home, want to list a retail property or are just getting started with the selling process, you probably have a lot of questions. The CHIODO Team is here to provide the support and resources you need to get the selling process started, and we invite you to browse through the following questions and answers so you become more familiar with how the process works.
Q: Do I have to accept an offer made on the home?
A: No, but if the offer you receive is the same as the price you set on your listing agreement, you may be required to pay the real estate agent their commission.
Q: What information do I need to include on the disclosure statement?
A: The disclosure statement covers major defects that the owner has knowledge of such as appliances, structural defects, possible easements, neighborhood problems and other material facts that could affect the purchaser’s decision.
Q: Why work with a CHIODO Team real estate agent instead of selling the property myself?
A: Many people find it much easier to sell their home using a real estate agent because we can help with all the advertising and marketing of the property, accurately complete the paperwork and follow all the laws and disclosures required when selling real estate in Florida.
Q: The buyer asked for an extension to secure financing. Am I required to agree to it?
A: No, the terms of the purchase agreement can reference any contingencies about financing. If there is not a reference to obtain financing, you can force the sale.
Q: What fees are payable by the seller?
A: The seller is responsible for paying the following fees: escrow fees, discount points, interest adjustment, home warranty program, pest inspection, title insurance policy fee, tax service and the real estate commission.
Q: How do I set the selling price?
A: Determining how much your property is worth involves an appraisal. The CHIODO Team can conduct a property valuation such as a BPO, CMA or send an appraiser to the property to determine the best price. We also have access to local sales data that can give you a good estimate of what the property should sell for.
Q: Can I finance the sale for the buyer?
A: You can agree to loan a part or all of the sales price to a prospective buyer. The buyer can sign a promissory note or you can agree to keep the title to the property for as long as it takes the buyer to pay off the loan. A CHIODO Team specialist can help you with this process.
Have more questions about the selling process? Contact the CHIODO Team today and we will be happy to provide you with answers you need.