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1.
The main reason people try to sell their homes without an agent is _______.
To save on commissions. The commissions can be quite large; some people aim to save money by selling on their own.
2.
What is the name of the most commonly used service that lists homes for sale?
Multiple Listing Service. The MLS, as it is abbreviated, is the premier site used to advertise homes.
3.
When selling your home, a good way to find out the asking prices of similar homes is to _______.
Check out online listings of homes for sale. Home sellers typically set prices above what they'd actually like to receive for their home to leave room to negotiate, so finding out what homes are listing for is important.
4.
When selling your home with an agent, it is best if you can be there in person to meet any prospective buyers who come to look at it.
False. Generally, it is best if you are not there, because buyers tend to refrain from asking important questions while in your presence.
5.
Your home will, in many cases, sell more quickly when home mortgage interest rates are _______.
Low. Low mortgage interest rates translate into more affordable monthly payments for home buyers, which widens the pool of potential buyers for your home and other homes on the market.