Clinton, KY Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

How should a real estate agent answer the phone? ›

Answer Calls in a Relaxed & Calm Tone

When you talk to a potential client talk in a calm and reassuring manner. The caller is looking for someone who will guide them through this complex and life-changing property purchase. They need someone who has done this before.

Make a strong offer.

Strategies include offering a higher price, making a bigger down payment, letting the seller choose the closing date, and limiting the number of contingencies you request. Contingencies are requirements that must be met before the sale closes.

Both the buyer and the seller have to pay certain closing expenses in Kentucky. Seller closing costs in Kentucky can amount to 8%-10% of the final sale price of the home. This does not include the mortgage payoff. The biggest closing cost (5%-6%) the seller has to pay is the listing and buyer's agent commission.

If your home as appreciated significantly, as is often the case, you'll get a large payday when selling your home in Kentucky. But you will also probably owe the IRS money for the profits earned on the sale. For you home is an asset and so is subject to capital gains taxes.

Disclosure Law in Kentucky for Home Sales

They include: Preliminary Questions (such as whether you've lived in the home and whether it's been used as a rental or for non-residential purposes) House Systems (such as plumbing, electric, heating, and so on)

So when it comes to how to deal with estate agents when buying, while you'll want to make sure you're polite and pleasant, treat it as a game of poker and play your cards close to your chest. Never let the estate agent know your bottom line (if you're selling) or your maximum budget (if you're buying).