There is a lot of reading material out there available for sellers in real estate, but you better believe that some of it isn't worth the paper or website page it's printed on. In this article, we'll stick with only the facts of selling in real estate and give you the best advice out there to succeed.
Use the internet to your advantage. Post as many pictures as you can of the inside of your home as well as the landscaping, yard, and amenities. Buyers are using the internet now more than ever to make quick decisions on what houses to visit. If you don't have an online presence you may be hurting your chances.
When you have someone coming to look at your home, you should try to avoid having a house full of people. When you have a lot of people in your home, the buyer may feel like they are an inconvenience to you. They may rush through your home and not see all of the appeal. It is best to keep your house guests at a minimum during these times.
Clearing your schedule for a showing will increase the value of that time spent and make a better impression on potential buyers. Turn your phone off, keep the children quiet and avoid any other possible interruptions of the showing. You do not want anything distracting a prospective buyer from inspecting your home and imagining themselves living there.
Prepare your home before you put it on the market. Cleaning, organizing, and neutralizing the property can make it much easier to find a buyer quickly. By decluttering the home, the potential buyer will be able to more easily picture their belongings in it. Avoid bright colors and give the walls a fresh coat of neutral paint if necessary.
When getting your home ready to get listed, be sure to take down any types of personal information you have out. This includes pictures, diplomas, your child's report card, and so on. By doing this, you allow your potential buyer to see him or herself living in your home.
If you are trying to find a look that appeals to many buyers you should think about adding some crown molding to the rooms in your home. This will give the room a more clean and refined look and it does not cost a whole lot of money to have the work done.
When preparing to sell your home, interview a number of real estate agents before you decide which one should have the listing. Find out what each one plans to do to market your home. Also, have each provide you with a market analysis that gives you an idea of the price range in which your house should sell.
Once you have absorbed this advice, the next step is to put it all into action. Build up a solid plan of attack using what you learned here and never be afraid of any market conditions. Refer back here if you ever need to brush up on your tips and always remember to stay informed about the market.
Visit our website for more information on buying and selling real estate at: Homes For Sale Port Charlotte Florida. We also have available e-books on buying, selling, and investing in real estate. If you are a real estate investor no matter if it is good times or bad times, Florida real estate is a great investment. Please do not hesitate to contact us through our website, Port Charlotte Florida Real Estate Agents, if you have any questions or need any type of real estate information.
Showing posts with label selling your home. Show all posts
Showing posts with label selling your home. Show all posts
Friday, December 2, 2011
Wednesday, June 2, 2010
Competing With Short Sales and Bank Owned Properties
It is no secret that the home selling market is flooded with short sales and bank owned homes, so the question is how to compete with these homes when it comes time to sell your home.
Yes, it is a buyer’s market as some might say but the need or desire to sell your home may still be inevitable.
If you are in this situation then you need to understand your area and the competition. Do you need to price your home the same as a short sale home or a bank owned home? The answer is not likely.
First of all most bank owned homes are in need of much TLC and not necessarily a good comparison to yours. Short sales take so long and are not only in disrepair but the wait as well as possible rejection by the bank often times makes many buyers not willing to deal with these homes. While waiting on the bank’s response just imagine how many homes the buyer will miss out on.
This brings us to homes like yours that is a mainstream sale! Mainstream being an operative word here, basically, not a short sale or bank owned home. Most home buyers today are looking for mainstream homes for many reasons. The obvious wait time and frustration in short sales has driven home buyers away from dealing with this type of sale.
The competition with cash buyers and investors on well maintained bank owned homes finds most mainstream buyers in an unlikely position to obtain the home.
Buyers have realized that a normal sale in which they can make a reasonable offer, get a response in a timely manner, have an inspection and actually ask for repairs to be done and expect to get the home in good condition is well worth it.
Competing with short sale homes and bank owned homes aren’t that difficult. Real estate agents are on top of the market and will know your competition and how well things are selling for in your area. Be reasonable when it comes to pricing because you still need to appraise when it comes down to it. Obviously, making your home look nicer than most of the competition should be the easy part; let your pride in your home show. Take the advice from your seasoned agent on how to stage your home.
Do not get wrapped up in the fact that you think your home is worth more than what it is likely to sell in this market or you will waste a lot of time with little to no showings. You need traffic, traffic brings potential buyers.
Make sure your home has several shots or pictures of areas in and around your property that makes a buyer want to see more! Neutral tones and less furniture and belongings make your home feel more open and spacious.
You can price your home higher than your competition of short sales and bank owned - just not so far out of reach that you are not going to get potential buyers interested in your home. Homes of all price ranges are selling in this market and yours can too.
Believe it or not, if you and your agent have done a good job, you are likely to sell your home very quickly in a market like this!
Yes, it is a buyer’s market as some might say but the need or desire to sell your home may still be inevitable.
If you are in this situation then you need to understand your area and the competition. Do you need to price your home the same as a short sale home or a bank owned home? The answer is not likely.
First of all most bank owned homes are in need of much TLC and not necessarily a good comparison to yours. Short sales take so long and are not only in disrepair but the wait as well as possible rejection by the bank often times makes many buyers not willing to deal with these homes. While waiting on the bank’s response just imagine how many homes the buyer will miss out on.
This brings us to homes like yours that is a mainstream sale! Mainstream being an operative word here, basically, not a short sale or bank owned home. Most home buyers today are looking for mainstream homes for many reasons. The obvious wait time and frustration in short sales has driven home buyers away from dealing with this type of sale.
The competition with cash buyers and investors on well maintained bank owned homes finds most mainstream buyers in an unlikely position to obtain the home.
Buyers have realized that a normal sale in which they can make a reasonable offer, get a response in a timely manner, have an inspection and actually ask for repairs to be done and expect to get the home in good condition is well worth it.
Competing with short sale homes and bank owned homes aren’t that difficult. Real estate agents are on top of the market and will know your competition and how well things are selling for in your area. Be reasonable when it comes to pricing because you still need to appraise when it comes down to it. Obviously, making your home look nicer than most of the competition should be the easy part; let your pride in your home show. Take the advice from your seasoned agent on how to stage your home.
Do not get wrapped up in the fact that you think your home is worth more than what it is likely to sell in this market or you will waste a lot of time with little to no showings. You need traffic, traffic brings potential buyers.
Make sure your home has several shots or pictures of areas in and around your property that makes a buyer want to see more! Neutral tones and less furniture and belongings make your home feel more open and spacious.
You can price your home higher than your competition of short sales and bank owned - just not so far out of reach that you are not going to get potential buyers interested in your home. Homes of all price ranges are selling in this market and yours can too.
Believe it or not, if you and your agent have done a good job, you are likely to sell your home very quickly in a market like this!
Subscribe to:
Posts (Atom)