If you’re hoping to sell your Orlando real estate in 2011, make some New Year’s resolutions to help the method along. Resolve to:
1. Interview and get a comparative marketing evaluation (CMA) from no less than three agents from three different Orlando real estate agencies. Every agent has a different opinion about the value of your home and learn how to finest market your home. Learn from each agent and then sign a contract with the agent you decide to hire.
2. Research the variety of foreclosures and short sales in your neighborhood. To sell your home, find out how many foreclosures and short sales you’re competing against. This impacts the worth of your property as well because the length of time it takes you to sell. Your Orlando real estate agent can assist you with this research.
3. Be realistic about price. After reviewing your three CMAs, discuss with the agent you hired and come to an agreement on the price that may get your home sold. Ideally, that price needs to be at or simply below the selling price of comparable houses in your neighborhood that have sold in the past 90 days.
4. Counter offers. Be calm if a buyer suggests a lower price than you want. Don’t simply snap his or her nose off. Think about your options. Can you afford to let the house go at the offered price? If you can and still wish to say no, think about it… how long did it take to get this potential buyer? Super low bids are not insults; they’re a buyer’s means of testing you. So, even when an offer seems insulting low to you, counter it. If the buyer wants your home, he or she will come up to a realistic price.
5. Remain flexible. Make concessions the place you can. The buyer needs you to pay part of the closing prices? That’s a great solution to sweeten the deal. Repair those small problems found in the home inspection. Add on a home warranty. A successful sale means everybody walks away happy.
Put these resolutions into action, and your new year may become even happier than you expected!
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