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SellingAHome-JenniferChristenot

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financing, but it’s also important for sellers to know before any<br />

construction or major projects are completed because after<br />

the fact there’s little that can be done about it, and it could<br />

greatly impact whether or not your home will sell.<br />

17.) If I decide at any point that I don’t want to sell my<br />

house after all, do I still need to pay my real estate agent<br />

commission?<br />

This depends on where you are in the selling process when you<br />

decide you don’t want to sell. If the real estate agent hasn’t<br />

properly advertised your property, hasn’t had any offers or even<br />

a lot of interest in the property, and hasn’t advised you on why<br />

this is happening or what can be done to change it, sometimes<br />

you can back out of the deal without too many repercussions.<br />

However, if the agent has done all of the work and has even<br />

found a ready, willing, and able buyer and then you decide<br />

you don’t want to sell, you will most likely still have to pay the<br />

agent their commission.<br />

If you get even further into the deal, such as the buyer has<br />

sold their previous home and has nowhere to go after a<br />

certain date, backing out of the deal at the last minute might<br />

make you responsible for expenses they incurred due to your<br />

decision such as hotel fees, storage fees, etc. When you decide<br />

you want to sell your home, you want to be very sure that you<br />

do in fact, want to sell your home.<br />

19<br />

SELLING A HOME FAQ’S AND SAQ’S | JENNIFER CHRISTENOT

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