Welcome to Ritter Real Estate
Sell Your Property
Ready to Sell your Home, Property, or Both?
At Ritter Real Estate we strive to provide the most seamless, stress-free home selling experience possible! Whether selling your first home or your tenth, we can help make the process simple and easy. We’re proud of our extensive local knowledge and can’t wait to put it to work for you!
Frequently Asked Questions
First impressions matter, but that’s especially true in real estate. Anyone walking through a house or touring it virtually will be looking for ways to pass or negotiate down on the price. Ensure that the HVAC, plumbing, and electrical system all work properly. Each room should look clean and decluttered with no overt damage insight. It’s generally a good idea to “neutralize” your home so that potential buyers can imagine their own belongings in the space.
Once the house is on the market, it may take anywhere from four to six weeks to sell. However, if the market is fairly hot, a seller could see their house off the market within a week. On the flip side, if there is a lull in the market or issues arise such as negotiation, lack of exposure, or house conditions then the property can sit on the market for months.
The selling price of a house fluctuates depending on multiple factors. The most common ones are the neighborhood and what similar-sized houses are currently selling for. Also, look at the age and condition. Do major repairs need to be done? If so, that might lower the property’s value. And again, the market matters. Like everything else, home prices vary depending on supply and demand.
In a real estate transaction, the agent is usually paid by the seller via commission as opposed to a flat free. Typically, a real estate commission fee is 5–6% of the home’s final sale price. In many cases, both the buyer’s agent and the seller’s agent split the commission fee 50/50, both receiving 2.5–3%.
This is a tricky question, and the answer primarily depends on one’s funds and ability to find temporary housing. If you need more equity to purchase a new home or meet a mortgage plan, then it is best to sell one’s current home before purchasing your next one. That being said, you will most likely need temporary housing at a friend or relatives, or by arranging a short-term rental elsewhere.