Search results
Oct 10, 2024 · Also, home sellers must disclose if the property has a septic system needing repair but the owner has obtained a waiver from the Virginia Board of Health (Code of VA § 32.1-164.1:1). And, sellers “may” disclose the fact their property is in “a designated tourism activity zone” (Code of VA § 55-1.707). Certain types of sales or ...
- Ilona Bray
- How to Sell A House by Owner in Virginia
- Paperwork For Selling A House by Owner in Virginia
- How Much Can I Save Selling Without A Realtor?
Step 1: Make your home presentable to buyers
Put these five tasks on your to-do list, in this order: 1. Declutter 2. Clean 3. Repair 4. Stage 5. Landscape 🔨 When it comes to repairs, find the line between necessary and unnecessary projects for yourhouse. "If your kitchen is a disaster, spending more money on a remodel to get it in solid condition will pay off in the end," says Clever Real Estate co-founder and real estate investor Ben Mizes, who has experience listing homes without a real estate agent. "But spending money on high-end f...
Step 2: Set a price for your home
Do your own comparative market analysis (CMA).A CMA report estimates a home's value by comparing the recent sale prices of similar properties located nearby. You can ask a real estate agent to perform a CMA. Many Virginia agents will do this for free in the hopes of gaining your business. We don't recommend asking for a CMA if you're planning to mislead an agent into thinking you need their services. If you're open to using an agent, though, asking for a CMA will allow you to weigh the cost...
Pricing data for Virginia and its major markets
These statewide and local pricing metrics can help you hone the listing price for your Virginia home.
Virginia requires those selling FSBO to fill out and file many documents and forms. Several of these documents are legally binding agreements. The paperwork below is generally required for all Virginia real estate sales. 1. 2 forms of ID. In most cases, a valid passport, driver's license, or other form of Virginia-issued ID. 2. Copy of purchase and...
Virginia FSBO sellers typically save an average of $10,763 by not paying a listing agent realtor commission. FSBO sellers in the state can save up to $21,565 on total realtor commission if they also don't pay the buyer's agent commission. These realtor commission savings figures are based on a $395,685 home — the median home value in Virginia — and...
- Finding a Virginia realtor. Selling a home isn’t easy. It’s a high-stakes, complex transaction and requires a considerable amount of time and expertise to get a good outcome.
- Deciding when to sell. While timing the market can be difficult, certain fluctuations can be expected and even predicted. Typically, the best time of the year to sell is in late spring and early summer.
- Pricing your home. A Comparative Market Analysis (CMA) is the best way to arrive at what the listing price of your home should be. You can compare similar sales by size, bedrooms, neighborhood, or other conditions of your home.
- Preparing, marketing, and showing your home. There are several steps to preparing your home to put on the market. You are going to want to clean and declutter anything that makes it hard for a buyer to imagine living in your home.
Mar 18, 2024 · Commission savings: The real estate commissions on a home sale, which are paid by the seller, typically total somewhere between 5 and 6 percent of the purchase price. So not using a listing agent ...
Aug 17, 2023 · The Virginia Residential Property Disclosure Act (found in the Code of Virginia § § 55-1-700 and following) governs the information home sellers must disclose to prospective buyers on a signed "Residential Property Disclosure Statement." (This form can be found at the Virginia government's website for the Department of Professional and ...
Aug 13, 2024 · Step 1: Determine How You Want to Sell Your House in Virginia. How you choose to sell will determine all other aspects of selling your Virginia home. These include the cost of selling a house in Virginia, marketing strategy, the level of preparation you need, etc. Home sellers in the Old Dominion are no longer required to work with only 3% ...
People also ask
Do I need a lawyer to sell a home in Virginia?
Can you sell a house by owner in Virginia?
Should you sell a home without a realtor in Virginia?
Do FSBO sellers need a lawyer in Virginia?
Do I need a real estate agent to sell a home in Virginia?
Do you need a real estate attorney when selling a house?
Nov 25, 2019 · Real estate attorneys help oversee home sales, from the moment the contract is signed through the negotiating period (aptly called the 'attorney review') to closing. A seller’s attorney reviews sales contracts, communicates terms in a professional manner and attends closings to prevent mishaps. Selling a home is a complex process that ...
