Frequently asked questions
Looking for answers to your real estate questions? You’ve come to the right place! Get expert advice on selling your home, pricing strategies, and effective marketing. Discover the importance of inspections and working with a knowledgeable agent when buying a home. Find out how to cancel a contract if needed and ensure long-term satisfaction in your new home. With Kendra's years of experience and top producer status, you can trust her expertise.
How should I price my home?
Kendra recognizes the paramount importance of pricing a property correctly in the current real estate market. Setting the right price is crucial to attracting potential buyers and achieving a successful sale. She emphasizes that even a slight overpricing can lead to extended market time and create challenges that could have been avoided.
Kendra's marketing plan, developed and refined over the past 10 years, provides a framework for sellers to make informed decisions about pricing. This plan helps sellers align their pricing strategy with their specific timeline goals. It underscores the fundamental relationship between price and timing in the real estate market, emphasizing the need to strike the right balance to achieve the desired outcome.
Kendra's expertise in pricing and market strategies is a valuable asset for her clients, ensuring they are well-positioned to navigate the market effectively and achieve their selling goals.
Does professional photography really matter?
Kendra understands the impact that professional photos and home staging can have on the sale of a property. She emphasizes that these elements can help a home sell faster and for a higher price. What's particularly notable is that Kendra invests in these services on behalf of her clients, highlighting her commitment to providing the best value and ensuring her clients' success in their real estate investments.
By offering professional photos and staging, Kendra aims to enhance the appeal of her clients' properties, making them more attractive to potential buyers. This not only benefits her clients but also contributes to a more efficient and successful selling process. Her dedication to going the extra mile to maximize her clients' investment returns is a testament to her client-centered approach in the real estate business.
Would I qualify for Capital Gains?
Kendra detailed explanation of capital gains tax implications and the eligibility thresholds is extremely informative. She emphasizes that for most homeowners, who have owned their home as a primary residence for two of the last five years, there is a significant exemption from capital gains taxes, with up to $250,000 for a single person or $500,000 for a married couple in profit from the sale.
It's important to note that there may be other factors and nuances to consider, and Kendra advises consulting with a certified public accountant (CPA) to ensure full understanding of the tax implications in specific situations. By providing this level of detail and encouraging professional advice when necessary, Kendra demonstrates her commitment to helping her clients navigate the complexities of selling a home and making well-informed decisions. This knowledge and guidance are invaluable to her clients and contribute to a smoother selling process.
Do I really need a Realtor? They don’t do much anyway, do they?
Kendra candid statement reflects the reality of the real estate industry. While there are many dedicated and hardworking real estate agents, like herself, it's true that not all agents are created equal. The level of effort, commitment, and expertise can vary among professionals in any field, including real estate.
Kendra's statement underscores the importance of selecting a knowledgeable and motivated real estate agent to guide you through the buying or selling process. Choosing the right agent can make a significant difference in the outcome of your real estate transaction, as their level of dedication and skill directly impacts the quality of service you receive.
Is online marketing really that important?
Kendra highlights the significant changes in real estate marketing in recent years, particularly the shift towards online marketing. She points out that a vast majority of real estate sales, 94%, come from the MLS (Multiple Listing Service) and various online real estate search platforms. This data underscores the importance of having a strong online presence when selling a property.
Ensuring that a property receives the necessary exposure online is crucial for attracting potential buyers and achieving a successful sale. Kendra's emphasis on adapting to the evolving marketing landscape reflects her commitment to providing her clients with the best opportunities for a successful real estate transaction in today's digital age.
Do I need an inspection?
Kendra emphasizes an important aspect of real estate contracts, which is that nearly every contract includes a contingency for the buyer's right to conduct an inspection. This means that, as a buyer, you have the right to assess the property and determine whether it meets your standards and requirements. The decision to proceed with the purchase, regardless of the inspection results, ultimately lies with the buyer.
This inspection contingency is a crucial step in the home buying process, as it allows buyers to gain a thorough understanding of the property's condition and make informed decisions based on their findings. Kendra's insight into this aspect of real estate contracts highlights her dedication to educating and empowering her clients throughout the buying process.
Do I really need to work with a Realtor?
Kendra insight into the complexities of loans and their impact on property purchases is invaluable. Some loans come with specific restrictions and requirements that can prevent buyers from purchasing certain properties. Working with a knowledgeable agent like Kendra can help identify potential pitfalls upfront and save buyers from wasting time and experiencing disappointment in the home buying process.
By understanding these loan-related considerations and having a proactive approach, Kendra ensures that her clients are well-informed and can focus their search on properties that align with their financing options and goals. Her expertise in navigating these complexities is a valuable resource for buyers, making the home buying process more efficient and less stressful.
What if I need to cancel a contract?
Kendra provides important information about the contingencies and potential exit strategies available to buyers in a real estate contract. It's crucial for buyers to be aware of their options if they need to cancel a contract. Common reasons for contract cancellation include inspection issues, appraisal challenges, and loan approval difficulties.
However, Kendra also hints at the existence of less common ways to terminate a contract. These alternative exit strategies may apply in certain situations and can be valuable tools for buyers facing unforeseen circumstances or issues that may affect their ability to proceed with the purchase.
Her knowledge of the various contract contingencies and termination options underscores her commitment to helping buyers make well-informed decisions and navigate the complexities of real estate transactions.
How long does it take to find and buy a house?
Kendra provides a realistic perspective on the length of the real estate process. She acknowledges that the duration can vary significantly and is influenced by several factors, with dedication, the choice of professionals working for you, and the current market conditions being among the top three.
Kendra's emphasis on staying up to date with the market and seeking professional advice helps clients form a realistic expectation of the timeline for their specific real estate transaction. By calling her, clients can receive the latest information on the market and gain insights into the potential timeframe for their real estate goals. This proactive approach ensures that clients are well-prepared and have a clear understanding of what to expect as they embark on their real estate journey.
Should we just buy any home for now?
Kendra provides an interesting statistic, noting that the average person tends to move every 5-8 years. Despite the likelihood of future moves, she emphasizes the importance of ensuring that your current home is the right fit for your needs and preferences.
This perspective underscores the significance of making informed decisions and choosing a property that aligns with your lifestyle and goals, even if it may not be your forever home. Kendra's advice encourages buyers to prioritize their current needs and aspirations while keeping an eye on the future, ensuring that their current house is the right one for them at the present moment.