Frequently Asked Questions

The FAQ section on thegkgroup.com are dedicated to addressing Frequently Asked Questions we have encountered. Typically these questions pertain to the buying and selling of real estate. If you have a question not found in this section please contact us here

Do I have to allow agents to show my house at all times?

Although it is best practice to make the showing of your home as easy as possible for agents and their clients, the seller does have the option of requiring appointments to be made. There may be special circumstances, which require the seller to have plenty of advance notice. For example, if there are children or a handicapped person in the home that require special attention, the agent can specify the situation in the MLS listing, indicating the home may be shown by appointment only. Most agents will abide by this rule and call the seller to make an appointment. Again, the easier the home can be shown, the better the chances for it to sell quickly. Agents who are in the area will bypass a home, which is not readily available to show, thereby curtailing the chances of that home being sold to their client.


How much are real estate commissions?

The amount of the commission paid by the seller is negotiated between the seller and the listing agent before the home is placed on the market. The commission negotiated includes the total commission due when the property is sold, including the listing agent’s side and the selling agent’s share of the commission. Typically, the commission negotiated between the seller and the listing agent is split 50/50 with any broker who brings a ready, willing and able buyer.


Should I allow an open house at my property?

Conducting an open house when your property is first listed can be very helpful. As with most advertising, visitors to open houses rarely buy that particular house but they are a great resource for advertising your property. An open house lets your neighbors know your house is for sale, and it practically invites them to come and visit and then tell their friends about your house, creating more “word of mouth” advertising.


How long will it take to sell my home?

No one can promise a specific date. It could take 1 day, 1 month or 6 months. Our team can gauge the market based on recent history in your area but it will ultimately come down to 3 factors; location, price and the condition of the property.


What happens if the buyer is denied his/her loan?

If the buyer’s loan is not approved by the lender, the purchase contract is terminated and the home is placed back on the market, should it have been removed from the market prior to closing. This is the reason why agents prefer to keep the sign up and the home listed until the closing takes place. To avoid this problem, the seller should require a pre-qualification letter from a reputable lender to accompany the offer.


Who pays for the home inspection and appraisal?

Whoever orders the home inspection or appraisal will be the one who pays for it. Typically the buyer is the one that requests an inspection or appraisal after the contract has been accepted and signed.


Can I get a free credit report?

Under the law, everyone is entitled to one free credit report per year. This service is available from each of the three major credit bureaus via the website www.annualcreditreport.com.

There are also other circumstances that allow you to obtain a free current report, such as being denied credit based on a credit report a prospective lender obtained in connection with your application and with your permission. 

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Suggested Vendors

The preferred vendors have either provided product(s) or service(s) for THE GK GROUP, or for clients that THE GK GROUP has met and have expressed satisfaction in their product(s) or service(s), or that THE GK GROUP has seen and felt that we may use their service(s) and/or product(s) in the future.

The companies and individuals listed on the preferred vendors list have not paid or been paid to advertise on this site and are under no obligation to promote the services of THE GK GROUP or Keller Williams Realty. However, each company and/or individual has granted THE GK GROUP verbal permission to advertise for them.

THE GK GROUP and Keller Williams Realty neither guarantees nor warrants the services and products provided by the companies listed on the preferred vendors list. Additionally, the companies and individuals listed are subject to change without notice and are not guaranteed to remain as preferred vendors for THE GK GROUP.

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