When Selling an Orlando Home Avoid These Common Mistakes
Setting the price on your own- The Orlando real estate market is constantly changing. Don’t think that you can determine what your listing price should be on your Orlando home just by going to Zillow. To come up with the true value of your home enlist the help of an experienced Orlando Realtor. Listing your home for the correct price from the beginning is crucial to a successful home sale. Failure to do so can result in longer than average days on the market which translates into less money in your pocket.
Pricing it too high from the beginning- If your home is overpriced you’ll get fewer showings because buyers looking for homes up to a certain price range may not even bother looking at yours. You will ultimately have to lower the price anyway to get it sold so make sure your listing price is realistically from the start.
Using an unusual listing price- When buyers use real estate search tools, they have to input ranges for example, “homes between $150,000-$200,000.” So if you set an unusual listing price, like $201,500.00 then you just might miss out on a potential buyer.
Overpricing on purpose- If you’re not in a rush to sell you may want to consider waiting to list your home until you are. Some homeowners adopt a strategy of listing it high thinking they’ll get the perfect buyer out of the blue that’s willing to pay a lot more than the home is worth because they’ve just fallen in love with the home and can’t live without it. This never happens! The fact is, the longer a home sits on the market the fewer showings you’ll get, and if it’s overpriced then don’t hold your breath for that fantasy buyer.
Don’t get emotional- Remember, selling a home is just a business transaction so keep your emotions out of it. And never, ever walk around your house with a potential buyer, chances are you won’t have the same taste which can create an awkward situation for the both of you when they make a negative comment about your decor. Even if you get a low ball offer don’t take it personally. You should consider any offer a starting point for negotiation.
Not keeping it in good condition- Unless your home is a fixer-upper in need of major repair, make sure that it looks the best that it can. Having it clutter-free, clean and tastefully staged will go a long way in not only attracting more potential buyers, but also in getting top dollar and selling quickly.
Selling without a REALTOR- People who sell their homes “FOR SALE BY OWNER” stay on the market a lot longer than they should and sell for a lot less than those who enlisted the help of an Orlando REALTOR. By using an experienced real estate agent, you’ll have the peace of mind that someone’s in your corner looking out for your best interests as well as handling any problems that may arise throughout the transaction.
