Southern California Real Estate Sellers Top 11 Frequently Asked Questions
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How is my home’s value determined?
Through a proprietary process called REVA. -
What is REVA?
The Real Estate Valuation System that determines value based on 17 factors, within a specific time frame. -
What are the 17 factors used in REVA?
- Location
- Quality of Schools
- Quantity of Schools
- Crime Rate
- Market Condition within a 1 – 1 1/2 mile radius from your home
- Condition of the Home
- Age of the Home
- Type of Sale
- Title History
- Type of Architecture
- Builder Information
- Business Industry Concentration and Penetration
- Affluence of the Area and Surrounding Areas
- Local Parks and Recreation Availability
- City’s Fiscal Health
- County’s Fiscal Health
- Police and Fire Concentration
- Can’t I just use Zillow to price my home?
No. Where Zillow is a great tool to discover some property information, it lacks in true price discovery, via the REVA valuation system. -
How Long Will it Take to Sell My Home?
As quick as 1 day or up to 6 months. -
Will my life be inconvenienced if I sell my home with Thomas?
No. -
Is Thomas able to sell my home without placing a real estate sign on my yard?
In certain cirumstances, Yes. -
Do I have to sign an Exclusive Right to Sell Agreement, to sell my home with Thomas?
Yes. -
What total commission is charged to sell my home?
4% – 6%, depending on the home’s value -
Is Thomas able to sell our home fast, if we make the request?
Yes. -
Is Thomas capable of completing a short sale, thereby protecting my credit and future ability to repurchase a home?
Yes.
More Questions? Contact Us
