Your home sits on the market as you count down the days. You want to sell your home as soon as possible. You don’t want to continue making the payments when you have your sights on buying another home.
If you want to sell your home and the too fast, consider the two most important things that are a must when selling your home in the Orlando real estate market.
1. You Need to Set the Right Price
If you haven’t set the right price, your home will likely not sell. You need to price your home accordingly, and your real estate agent can help you land at the right price. Why do homeowners overprice their homes in the first place?
You may overprice your home because you don’t have a realistic picture in your head regarding your property’s true market value. For instance, you may overvalue the home improvements and renovations you have made to your home.
Even though the home improvements you have made to your home haven’t increased your home’s value by too much, you deem it otherwise and end up setting up a high resale price for your home. In doing so, potential buyers are reluctant to buy your home. Moreover, you also have to be careful with the upgrades you have made to your home, as most buyers will be reluctant to pay more for them, as they don’t appeal to their personal taste as they do to yours.
You may have misread the market data. You may have priced your property based on the neighborhood averages instead of looking at the comparable value of your home. Your Winter Garden Realtor can factor in the homes of similar size, stories, features, and built within the same year as yours that were sold in your area.
You have increased the price of your home because you want to have room to negotiate. Sellers set a high price so they can negotiate down to a price they want for their home. However, this isn’t a good strategy, as it can result in their home sitting on the market for several months to years. Setting the right price also increases the chance of bidding wars between two potential buyers who want your home. You won’t get that if you overprice your home.
2. List Your Home in the Local MLS
You want potential buyers to find your listing. You need to list your house in the local MLS to increase your chances of being found. Your real estate agent will list you in the MLS. You also need to list your home in other places, such as posting it in groups on Facebook. Take high-resolution pictures of your home. We recommend making a video of your home to give people a tour. It may convince them to check out your home in person.
Visit Megan Dowdy Realty to consult with an experienced Sanford, Florida realtor to sell your home fast. For more information, call on 407-509-9279.