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F.A.Qs

Here is a collection of frequently asked questions that we have put together to help you in buying or selling a home. If you have any other questions, not listed here, feel free to call or send an e-mail.

By clicking on any of the questions below, you may view the answer.

Buyers

  • What is a "One-Time Show" listing?
  • What's the Difference between a "Listing Agent" and "Selling Agent"?
  • What does FSBO mean?
  • What is a broker?
  • What is a contingency?
  • What is a Multiple Listing Service (MLS)?
  • What is a debt-to-income ratio?
  • What is title insurance?
  • What is the difference between being prequalified and preapproved for a loan?
  • What is a REALTOR®?
  • What is homeowners association (HOA)?
  • Why should I use a real estate agent?
  • Is an older home as good a value as a new home?
  • What is an escrow officer?
  • Can a home depreciate in value?
  • What are closing costs?

    • Sellers

  • What is an "Exclusive Agency Listing"?
  • What is an "Exclusive Right to Sell" listing?
  • What are comparables or comps?
  • What is a counteroffer?
  • What does an appraisal mean?
  • Why should I use a real estate agent?
  • Is there a "best time" to put my house on the market?
  • How should I price my home?
  • What are disadvantages of pricing my home on the high end?
  • Do I have to sell to the person with the highest offer?
  • Can I back out of my contract with one buyer and accept a new, higher offer from a second buyer?
  • Who is responsible for making repairs, if any, as a result of home inspection reports conducted for the buyer?
  • When a potential buyer calls, is there anything in particular that I should ask them before showing my home to them?
  • What is a final walk-through?
  • Should I be concerned about lead-based paint?
  • Should I be concerned about radon gas?
  • What is the MLS?
  • Is the MLS really going to help me sell my home?
  • Will Listwithfreedom.com conduct open houses?
  • Who will do all of the paperwork involved in the sale of my home?
  • Will my property be listed on the Internet?
  • Why should I use a MLS listing program like this rather than just selling for sale by owner?
  • If I don't hold an "Open House" or run newspaper ads, won’t I miss out on numerous potential buyers?
  • Is it true that Realtors® using the Multiple Listing Service (MLS) sell most houses and that they usually sell for a higher price?
  • Will my listing look the same as those who have agreed to pay a full listing commission to a traditional agent?
  • How will I know if my property is listed with all of the correct information?
  • Do you serve my area?
  • What if I sell the house on my own?
  • If an agent from Listwithfreedom.com brings me a buyer and sells my home, will I owe a commission?
  • How long does it take to be listed on the MLS?

    • Title VIII of the Civil Rights Act of 1968 (Fair Housing Act), as amended, prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents of legal custodians, pregnant women, and people securing custody of children under the age of 18), and handicap (disability). ListWithFreedom.Com, Inc is an Equal Opportunity Employer and supports the Fair Housing Act. Flat Fee MLS Listing Service.

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