Jeff and Paulia Kennedy ~
Hot Springs 1st Choice Realty
135 Mall
Hot Springs, AR 71913
Phone: (501) 655-6247 Email Jeff and Paulia

Frequently Asked Questions about Selling


What will help my house sell quicker?
First impressions are so important, so make sure it is clean, and make any necessary repairs!  Consider hiring a staging professional to help you prepare your home for the market.  Price is also a factor; don't overprice it.

How long will it take to sell my home?
The average sell of a home in the Hot Springs area is 170 days, however, several factors are involved in determining the expected sale:  location, price (is the home priced right?), condition of the home, number of similar homes available in neighborhood, current interest rates, number of qualified buyers in your price range, etc.

How will I determine the price to ask for my home?
Your REALTOR® will perform a comparable market analysis (also known as a "CMA").  A CMA is a report compiled from research of the marketplace, primarily similar properties that have been sold.  The report is not as comprehensive or technical as an appraisal, and it is free.


Why Choose a REALTOR® With a CRS designation?
Selling property is a complex and stressful task. In fact, it's often the biggest single investment for a buyer. At the same time, real estate transactions have become increasingly complicated.  New technology, laws, procedures and the increasing sophistication of buyers and sellers require real estate practitioners to perform at an ever-increasing level of professionalism.  So it's more important than ever that you work with an agent who has a keen understanding of the real estate business. The CRS program has helped the best and the brightest in the industry achieve that level of understanding.

I'm getting ready to sell my house and can't decide about the price.  Shouldn't I start high, so that negotiations run in my favor?
That might sound like a great way to begin, but usually starting at a higher price can result in netting less.  Here's why -- The first few weeks a home is on the market is when it gets the most attention and activity.  When agents preview a home that they believe to be priced too high, they will cross it off the list for buyers they are working with.  Not only will your home have to compete with higher-priced homes with higher-priced features, it will get a reputation fast.  You don't want it to sit.  Hire a real estate agent to help you price your home fairly.