SellingAHome-JenniferChristenot
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commission on the asking price, or a commission on the total<br />
price paid for the home. You want to work with a real estate<br />
agent that will only charge a commission based on the total<br />
price paid for the home. This way the commission remains<br />
completely fair and completely in line with the total price you<br />
receive, not the price you were hoping to receive. By choosing<br />
to work with a real estate agent that will charge commission<br />
only against the total price paid for the home, you won’t end<br />
up paying much more for the commission than you received in<br />
the sale.<br />
In addition to just their commission, make sure that you’re also<br />
aware of any fees attached to purchase agreements and listing<br />
the home. Some agents charge extra for these while others<br />
don’t. An agent asking for these fees isn’t necessarily a bad<br />
agent, but you do want to make sure you know about it so that<br />
you’re not surprised with more fees than you thought at the<br />
end of the selling process.<br />
16.) What is a current certificate of occupancy (CO), and why<br />
is it important?<br />
A CO is a certificate showing that any construction that’s<br />
been done on the property has been approved by the town<br />
or city and that it’s safe and habitable by the standards set<br />
out by that town or city. Mortgage lenders are extremely<br />
reluctant to lend to any property that has a history of any type<br />
of construction that didn’t also carry a CO. This is important<br />
for buyers to know because they might not be able to obtain<br />
SELLING A HOME FAQ’S AND SAQ’S | JENNIFER CHRISTENOT<br />
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