What is my home worth?
Kelowna real estate pricing can be difficult at the best
of times. Although we may be able to give you a range just
by using factual comparison, the exterior and interior finishes
greatly influence the market value of your home. It’s
imperative that your agent come by and view your home before
giving you a price range.
Does it cost me anything to have a market evaluation
No – we will come and see your home, bring you comparable
data and give you an price range for your home with no cost
to you. Remember that the seller should always set the price
– we are here as consultants and advisors only.
How long will it take for my house to sell?
This truly depends on your price range and the Kelowna
real estate market. If the market is slow then it
will take longer even for the best priced home to sell.
In a faster market it sometimes depends on the price range
– is there a large buying pool or a smaller buying
pool for your home. The larger the buying the pool the more
likely it will sell quickly. If you have a unique home that
will appeal to fewer buyers, then it will probably take longer
to sell. But of course it only takes 1 person and sometimes
that person is the first one to see your home and it sells
What if I change my mind and decide not to sell?
If you list your home with us and you decide not to sell,
then you may cancel the listing agreement at any time. If
you have gone ahead with the complimentary staging service
we provide then we request that we be reimbursed for that expense.
What are the commission rates? Is there a standard
There is no standard rate and each agent will have to answer
the commission rate questions individually. We charge 7%
on the first $100,000 and 3% on the remainder. However,
we also give discounts back to the seller depending on the
situation. If we represent the seller and the buyer in a
transaction then we will give a $2,000.00 discount to the
sellers on the commission. If we help the seller purchase
their next home then we will give them a 15% referral fee
(15% of the commission received by us on the purchase).
Do I have to accept an offer if I don’t want
No – you have three options when an offer is presented.
Accept, Reject or Counter. The choice is 100% yours.