Navigating the real estate market can feel overwhelming, whether you’re buying your first home, selling a property, or investing in real estate. At KW Prestige Properties, we believe that informed clients make the best decisions. That’s why we’ve put together this list of the most frequently asked real estate questions to help you feel confident and prepared throughout your journey.

1. How do I know how much my home is worth?

Your home’s value depends on several factors, including market trends, comparable sales in your area, and your property’s unique features. A professional market analysis from an experienced real estate agent can give you an accurate estimate and help you set the right price. Pricing your home correctly from the start is key to attracting serious buyers and securing the best possible offer.

2. What should I do before listing my home for sale?

Preparing your home for sale can make a significant difference in how quickly it sells and the offers you receive. Before listing, consider these key steps:

Consult with a Real Estate Agent – A professional can help you develop a pricing andmarketing strategy that maximizes your home’s value.

Declutter and Deep Clean – A tidy, well-maintained home is more appealing to buyers.

Make Minor Repairs – Fix leaky faucets, touch up paint, and replace outdated fixtures.

Boost Curb Appeal – First impressions matter, so freshen up landscaping, power washthe exterior, and add welcoming touches like a new doormat or potted plants.

3. How long does it take to buy or sell a home?

The timeline for buying or selling a home varies based on market conditions, financing, and individual circumstances.

Buying a home: Once you’ve found the right property, the process typically takes 30-45 days to close, assuming financing is in place. However, if you’re searching for a home in a competitive market, it may take longer to find the perfect match.

Selling a home: The time on the market depends on location, pricing, and demand. On average, a home can take anywhere from a few weeks to a few months to sell. Proper pricing and marketing play a significant role in how quickly a home attracts buyers.

4. Do I need to get pre-approved before house hunting?

Absolutely! A mortgage pre-approval is one of the most important steps before beginning your home search. It provides several key advantages:

Stronger Offers – Sellers take pre-approved buyers more seriously, knowing they have secured financing.

Budget Clarity – You’ll know exactly how much you can afford, helping to narrow down your search.

Faster Closing Process – Pre-approval speeds up the mortgage process once you’ve found your dream home.

 

5. What are closing costs, and who pays them?

Closing costs are fees associated with finalizing a real estate transaction. These costs typically include:

Lender fees (loan origination, appraisal, credit report)

Title insurance and title search fees

Attorney or escrow fees

Property taxes and insurance

Both buyers and sellers have closing costs, but some expenses can be negotiated in the contract. Buyers typically cover lender-related costs, while sellers often pay agent commissions and title

 

6. Why should I work with a real estate agent?

Buying or selling a home is one of the biggest financial decisions you’ll make, and having a professional by your side ensures a smooth and successful process. A real estate agent provides:

Expert Market Knowledge – Agents understand local trends, pricing strategies, and negotiation tactics.

Skilled Negotiation – Whether you’re buying or selling, an agent works to get you the best deal possible.

Guidance and Support – From contracts to closing, your agent handles the details so you can focus on your next step.

At KW Prestige Properties, we are committed to making your real estate experience seamless and rewarding. Whether you’re buying, selling, or just starting to explore your options, our team is here to guide you every step of the way.

Have more questions?

Contact us today—we’d love to help!