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Home About InterMLS Property Buyers & Sellers Agents / Brokers Contact Us
 
FAQs
Buyer/Seller FAQs

What is a comparative market analysis?
InterMLS Realtors are trained to understand the market in your area. They can research all of the similar property activities in your area and give you a report on the comparisons found. This process is called a Comparative Market Analysis and is provided free of charge to all InterMLS clients. Our automated system allows you to order a CMA online and a representative will call you with the results and mail you a copy within 24 hours.

What if I cannot find an InterMLS agent in my area?
InterMLS is growing at an astounding rate, but there is still the chance that we have not reached your area at this time.

InterMLS can still be of service in helping you find a professional Realtor familiar with your area. Our referral program is designed to find a professional designated Realtor in the area you are looking to buy or sell a property. We will do the research and put you in touch with the right professional agent for you particular needs.

The best feature about this plan is we will even pay you for using our services.

Is it important to place my property on the Internet?
Yes, the statistics show that more exposure increases your potential sales market. Studies show that 70% of buyers are now using the Internet to search for prospective properties. All of our clients are placed on their regional Multiple Listing Service. This Internet based service accounts for over 90% of all sales today. In addition to this database, the property is listed in every MLS that we are a member. In each MLS the region provides additional sites that they display our listings. This technology is exclusive to InterMLS business plan giving your property exposure on thousands of Internet sites around the world.

I had two different CMAs done on my home from separate real estate companies and their suggested sale price varies drastically. Why?
The problem sometimes lies in the inexperience an agent may have in your property’s demographic area. This is the reason why it is imperative you find a Realtor in your area.

How long will it take to sell my property?
The time it takes to sell a property is dependant on several factors, from the price of the property to interest rates at the time of marketing. Other factors include the condition of the property and location. This is why it is very important to have a competent real estate agent that specializes in the type of property you are trying to sell. On an average, a property should take approximately 45 days to sell.

Do I have to pay a fee for a real estate agents services?
No, you do not. Realtors commissions are paid by the sellers and shared between the buyers Realtor and the sellers Realtor. Buyers traditionally do not pay commissions.

How do I know how much I can afford when purchasing a new home?
You will need the assistance of a mortgage company to determine what mortgage amount you qualify for. There will be preliminary information needed to get you pre-qualified for a loan. Your InterMLS agent is also an agent of our affiliate, LoanWorks, which in turn can write a mortgage through IndyMac Bank. InterMLS ha developed a service for our agents that allows you to pre-qualify directly over the Internet affording you a convenient way to formulate how much you will be able to spend on your new home.

Where do I get a pre-qualification letter?
Your InterMLS agent can assist you in getting a pre-qualification letter for the purchase of your new home. Or, you may go directly to our mortgage site and fill out the information needed to pre-qualify you. An agent will call you back in 24hrs to make arrangements to review your results.

Can you find me a property anywhere in United States?
InterMLS’s business plan is to expand to all 50 states within the next 5 years. If we are not in your state currently, it does not mean you can not use our services. We provide one of the best referral programs in the industry. Simply fill out our referral forms and we will find the right Realtor to handle your needs. Our company will find you a Realtor any where in United States making sure the referred company is capable of handling your specific needs in the geographical area you designate.
 

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