Real Estate - Zoitsa Petropoulos

FREQUENTLY ASKED QUESTIONS

Have questions about buying or selling a home? You’re in the right place.

Here are some common queries and tips to help you navigate the process with confidence. If you don’t find the answer you’re looking for, please reach out!

How much does it cost to work with you?

Upon the successful completion of a home sale, the seller pays a percentage of the purchase price in REALTOR® commissions and this amount is typically shared between the listing agent and the buyer's agent. This means that home buyers can work with an advisor at no cost to them when purchasing a home.
What is a Seller's Market?

Real estate prices are influenced by supply and demand. A seller’s market occurs when there are more buyers than available listings. This situation is great for sellers but can be quite competitive for buyers, often leading to multiple offers on a property.
What is a Buyer's Market?

A buyer’s market occurs when there are more available listings than there are prospective buyers. In this environment, home buyers gain a significant advantage, as they have a wider range of properties to choose from. This abundance allows them to negotiate more favorable terms, such as price reductions or contingencies. Additionally, buyers typically have more time to make their purchasing decisions, reducing the pressure often felt in a seller’s market. Overall, a buyer’s market creates a more relaxed atmosphere for home seekers, making it an excellent opportunity for those looking to find their ideal home.
How do I determine the value of my home?

A home’s value is determined by several factors, including location, condition, comparable sales in the area, and market trends. I can provide a comprehensive market analysis to help you understand your property’s worth.
Is it a good time to buy in Victoria?

Market conditions can change frequently. I stay up to date with local trends and can provide insights to help you decide if now is the right time for you.