FAQs

Kniffing Realty

  • What is the difference between a real estate agent and a REALTOR®?

    A REALTOR® is a licensed real estate agent who has chosen to become a member of the National Association of REALTORS®. This membership requires adherence to a strict Code of Ethics, setting REALTORS® apart in their professional conduct.
  • How do I get started buying or selling a home?

    The process begins with a brief consultation. For buyers, obtaining pre-approval is an essential first step. Sellers typically start with a property evaluation and the development of a pricing strategy.
  • Do I need to be pre-approved before viewing homes?

    While not mandatory, pre-approval is highly advised. It not only strengthens your position when making an offer but also ensures that we focus our search on properties within your financial reach.
  • How quickly can we see a home?

    The timeline for viewing homes varies. Unoccupied properties are often available for same-day or next-day showings. For occupied homes, we typically need to provide 24 to 48 hours' notice to the current residents.
  • Who pays the buyer's agent?

    In most real estate transactions, the seller offers compensation to the buyer's agent. This information is disclosed to all parties before an offer is submitted.
  • How long does it take to buy or sell a home?

    Once a contract is in place, most transactions close within 30 to 45 days. However, the overall timeline can vary depending on current market conditions and the readiness of all parties involved.
  • How do you determine a home's value?

    A home's value is determined through analysis of recent comparable sales, evaluation of current market conditions, and assessment of the property's condition and location.
  • What costs should I expect when buying or selling?

    Buyers should anticipate closing costs of approximately 2-3% of the purchase price. Sellers typically cover agent commissions, escrow and title fees, and may incur costs for necessary repairs.
  • Can I cancel a contract after it's signed?

    Contract cancellation is possible during specific contingency periods, as outlined in the agreement. We thoroughly explain all timelines and rights before you sign any documents.
  • How do you communicate throughout the process?

    We maintain regular communication via text, phone, or email, providing updates and ensuring you're always informed about the next steps in the process.