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1.
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.
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.
"FSBO" is an abbreviation used by people selling their homes. What does it mean?
For sale by owner. FSBO is the abbreviation of those who are selling on their own.
5.
When deciding whether it is a good time to sell your home, why should you pay attention to the local jobs situation?
When there are enough jobs that pay well, people will have more buying power. An area with a lot of high-paying jobs translates into many available buyers for your home, at your asking price.