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First Choice Real Estate Brokers
FAQs
I want to
sell my home. Can you give me some information on what to
expect?
The
seller pays a commission to the broker that lists his or her home -
this is a negotiable fee, and it is usually around 2.8% in Colorado.
The seller ALSO pays the commission to the agent that represents the
buyer. This commission is also negotiable, and is usually about 2.8%.
Suppose you own a home that sells for $300,000
Buyers commission of 2.8% = $8,400; Sellers commission of 2.8% = $8,400;
Total for both commissions = $16,800. Your net will be less than
$283,200 (due to other sales related expenses like title insurance).
I want to buy a home. What steps are involved?
1) Get Pre-Approved (or at least pre-qualified)
2) Identify the top 3 characteristics that matter
to you
3) Hire an agent and start looking (can take
from 2 to 6 weeks on average).
4) Be sure to get a CMA to avoid paying more than
current market value
5) Make your offer
6) Once the offer is accepted, close the transaction (usually takes 45
days)
201
Steele Street, #200
Denver, CO 80206
Mobile: (303) 525-1662
Fax: (303) 380-3440
cj@lomheim.com
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2007 - 2010 Lomheim.com
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