FAQ
Frequently Asked Questions
I am not sure whether to sell or rent. Which is better?
In the case of condominiums, if there is a possibility that you will reside in the condominium again in the future (or that a relative will reside in the condominium), we recommend that you lease the property and keep it, but if you do not plan to return, we generally recommend that you sell the property.
If the property is leased, the risk of vacancy, property tax and reserve for repairs, etc. are comprehensively evaluated, it may not be profitable. Also, as the building ages, the sale price may be lower than the current assessed value.
Please consult with your real estate agent as to whether to sell or lease, as it may vary depending on your circumstances and the property.
How long does it take for a home to sell?
The average time to sell a house is 3 to 9 months, but this time frame is only a guide. Since the selling period varies with each individual transaction, it is impossible to say for certain that “0 months is all it takes to sell,” but condominiums tend to sell faster than detached houses, 6 months for condominiums and 11 months for detached houses. Although the condition of the house, location, and other details vary, you should begin preparing for the sale of your house 6-9 months before the desired time of sale.
There is a lot to do before and after the house is put on the market. In addition, the length of time it takes to sell a house can vary greatly depending on how long it takes to find a buyer.
Often, as a result of house sale activities proceeding just before the sale deadline, unexpected problems or “difficulty in finding a buyer” can cause a major disruption in the schedule.
To avoid this risk, please prepare early to allow enough time for the house to sell.
If the property and the real estate agent are not compatible, it may take time to sell.
If it is difficult to sell, changing the real estate company that requests sale is one way.
Is the real estate appraisal free of charge?
An appraisal by a real estate company in the sale of real estate is basically free of charge. If an appraisal is necessary for inheritance of real estate or division of property at the time of divorce, an appraised value with more accurate and official credit must be calculated by a real estate appraiser, which is charged, but a free appraisal by a real estate company will be sufficient for the sale of a house in general.
When you receive an appraisal, be sure to have your documents well prepared for a more accurate assessment. Also, make sure to convey the bad points during the appraisal, so that both the seller and the buyer will be satisfied with the sale!
What is the difference between desk-based assessment and on-site assessment? And which is better?
A desk-top appraisal is also called a simple real estate appraisal, and is a method in which a real estate company assesses a price by an approximation without carrying a foot to the subject real estate.
Compared to the onsite appraisal described below, since the person in charge of the real estate company calculates the assessed value without much time and effort, you can generally know the approximate amount of money in a few days after requesting the appraisal.
An onsite appraisal is a method in which a real estate company visits the site where the subject real estate is located, investigates the surrounding environment, and calculates an assessed value price.
Compared to the aforementioned desk-based appraisal, it takes time because the person in charge of the real estate company actually goes to the place where the subject real estate is located and calculates the appraisal price by taking into account the angle of the room, the deterioration of the building, and the condition of the adjacent land and road.
There is a difference in the accuracy of the assessment, and the onsite assessment is more accurate. They’ll take into account the building’s exterior and interior conditions, and even the surrounding environment!