FAQs
Real estate agents often encounter a variety of questions from clients and potential buyers or
sellers. Here are ten common frequently asked questions (FAQs) that people often pose to real
estate agents:
1. How much is my property worth?
– Our team analyzes location, condition, and market trends for an accurate valuation. For a
formal assessment, we recommend a CMA, comparing your property to recent sales. For a less
formal estimate, sign up for our monthly HomeBot email! Click Here
2. What’s the current state of the real estate market?
– Buyers and sellers want to know if it’s a buyer’s or seller’s market. They seek information on
trends, inventory levels, and recent sales data to make informed decisions. For the most
accurate opinion of where the Denver and Colorado Springs markets stand today, shoot
Michele an email at Michele@GwinProperties.com or give her a call at 303-947-7743.
3. What are the closing costs, and who pays them?
– We break down the fees for buyers and sellers, including title insurance, inspections, and
taxes. As a buyer, your lender will guide you through associated costs. As a seller, we
provide an Estimated Net Sheet, detailing all costs after discussing your mortgage balance,
liens, and a thorough CMA (Certified Market Analysis).
4. How long will it take to sell my property?
– We analyze market trends, property features, and pricing strategy to offer personalized
insights. Plus, we believe in understanding buyer behavior to optimize your sale. Contact
Michele Gwin at 303-947-7743 for a detailed discussion about your home’s timeline.
5. What can I do to increase my home’s value?
– Sellers frequently seek advice on how to enhance their property’s value before listing. The
Gwin Properties Team at RE/MAX Professionals may suggest repairs, renovations, or simple
staging techniques. It’s also true that some improvements may not yield a return on investment
at all. Schedule an in person consultation with Michele Gwin today!
6. What is lender pre-approval, and why do I need it?
– Our experts explain how lender pre-approval boosts your offer, demonstrating seriousness and
financial readiness to sellers. We offer a “Ways to Make Your Offer Stronger” guide and
strongly recommend lender pre-approval with your chosen lender before viewing your first potential
home.
7. How do you determine the right listing price?
– Sellers often want to understand the rationale behind the recommended listing price. The
expert Listing Agents on The Gwin Properties Team at RE/MAX Professions will deep dive into
the comparative market analysis (CMA) process and how it influences pricing decisions. Timing, location, and condition of your home all play important factors in determining the correct pricing, as well as current buyer behavior to further develop an optimal pricing strategy.
8. What’s the difference between a buyer’s agent and a seller’s agent?
9. What’s the negotiation process like?
10. What should I look for in a home inspection?
– Ensuring a smooth home inspection is our priority. With extensive experience working with
buyers and sellers, The Gwin Properties Team provides expert guidance on key inspection
points, potential red flags, and strategies for addressing them. We’ll also walk you through
potential negotiation outcomes and help you craft thoughtful requests that benefit everyone
involved.