Can I Still Sell a Home Quickly in this Market?Posted by Robert Sabrkhani on Monday, April 2nd, 2012 at 6:43pm.
If you look at real estate statistics from any given local market, you will see that there are quite a few homes out there that sell relatively quickly – or at least under the "average days on market" figure for the area.
If you're putting your home on the market, it's important that you understand what sets these homes apart, so that you can make your house one of the ones that attract interested buyers. Here are some tips to help your home stand out:
- We will price it right. One thing that really helps you by living in Central Florida right now is that inventory is at an all-time low. We live in a world of supply and demand, and even if demand isn’t quite like it was in the early 2000’s, the amount of inventory is drastically lower. This means that you have more leverage than you might think. That said, buyers are looking for a lot for their money. You're competing with foreclosures and short sales listed at rock bottom prices. If your home is overpriced, it won't get any attention. Your realtor can help you set a realistic price for your home. After sixty days on the market, if you're not showing the house, you may need to consider lowering the price. It's important to stay on top of the trends, and continually ensure that your home is priced competitively.
- We’ll help make it look great. The big advantage that homes sold by individuals have over foreclosure properties is aesthetic appeal. At best, foreclosure properties are empty and look barren. At worst, they have been damaged, the yard is overgrown and time spent abandoned has caused problems with plumbing and other systems. When your home is furnished, cleaned and beautifully decorated, buyers can really see themselves living there, which gives you a huge advantage. You don't have to spend a lot of money, but you should make your home and yard look clean, uncluttered and attractive.
- We will market your house aggressively. Today's real estate market has made some realtors a little bit lazy. They've come to expect that homes take a long time to sell and that they have little impact on moving them more quickly. As a seller, you must accept nothing less than aggressive marketing from your realtor, and you must market your home aggressively yourself. Let everyone you come in contact with know your house is for sale. Offer extra incentives to the realtor who brings a buyer. Have open houses and schedule events in your home that will bring people out. For example, if you belong to a book club, or your child plays on a sports team, host a party at your home for the group. Make sure as many people as possible see your home – you never know who they might know in the market to buy a house.
With these three tips in mind, you can get ahead of the game in terms of selling your home. Though the competition is a little lighter these days, it's not a garuantee that you sell your house. There are buyers out there who would be interested in buying your home, and if you do your homework your odds greatly increase of selling your Orlando area home quickly and painlessly. The trick is in making your home attractive to these buyers and making sure that they know the home is out there, which is our job that we do very well.
Don't hesitate to contact the Search Homes Orlando team to help you list your Central Florida area property.
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