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Do I Know How To Sell My Property? Quiz 1
1.
Prior to listing your property for sale on the market, which of these items should you do first?
Make cosmetic improvements (paint, landscaping, remove cutter)
Have an appraiser determine the value
See if your neighbor wants to buy your home and work out a deal.
Hire a Realtor to do see what your home will sell for on the market today
2.
When a buyer is viewing your home you should...
Volunteer information about the house and the repairs you have done over the years
Follow the buyer and agent around the home so that you can steer them away from defects
Avoid disrupting the agent and buyer and make yourself available if you need too
All of the above
3.
What turns off buyers most?
Unpleasant smells
Rooms filled with a much furniture as possible
Clutter
All of the above
4.
What is a "bridge loan"?
A government loan to help bridge the gap between renting and home ownership
It allows to to cross any bridge in the U.S.
A temporary secured loan on your 1st property to purchase a 2nd property, that is paid back when the 1st property is sold
A loan the bridges (combines) two loans into one
5.
If I sell my house on my own I will...
make a bigger profit because I do not have to pay a commission
be able to expose the house to more agents
I have more control
Limit my property exposure by not using the MLS (multiple Listing Service), which exposes my home to more agents who market your home to more buyers
6.
What adds more value to your home?
Finished basement and attic
Large closets and storage
New or Newly Renovated kitchens and bathrooms
Illegal driveway and garage
7.
How do you choose an agent?
Provides a home market analysis and pre-selling improvement
knowledge of the current market, values, properties in your area
Someone that utilizes modern technology (e.g. internet, PDA's etc) and traditional methods (print advertisement, word of mouth etc)
All of the above
8.
I must list my house at a very high price to get the market value of my home?
True
False
9.
A good real estate agent is judged based on years of experience?
Yes, because agent working for a long time must know what he/she is doing
Yes, because he/she would have quit the industry
No, because years doesn't equal knowledge, ability or eagerness to sell your home
None of the above
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