Key Takeaways from this Inman article are that pricing is both an art and a science, but sellers need to avoid the common mistakes that they often make. Sellers have a lot of decisions to make, like hiring an agent -- home sellers need the expertise a of knowledgeable agent to actually sell the home, and for things like creating a marketing campaign and deciding how to stage the home.
The nice part about pricing a home in the Disney Area Market is that the real estate market is very transparent -- consumers can get excellent information about what comparable properties have sold for and what competitive properties are selling for. If they don't listen to the market, the market will ignore them and their property will languish...
Here are the mistakes home sellers are making in the Disney Area property market:
Pricing their home with what has not sold versus what has sold. (Pricing along with the unsold competition)
Overvaluing the ammenities. Features and amenities help a home sell over the competition in the Disney Area property market but with a cold look at the numbers ammenities do not affect price as much as sellers would like.
Pricing their home to get full value for improvements.
Pricing their home based upon what they need. A seller would not discount their home based upon buyer needs, why should a buyer pay more than what the transparent market indicates?
Often a seller falls in love with the automated valuations they can find online. As always, work through the comparables with a knowledgeable agent and recognize how far off the automated valuations are.
The last mistake sellers make is to set a price and forget it. Now showings and no offers means only one thing if the property is syndicated from the MLS to the major property portals... The price is too high.
EXIT Realty Champions', Champions Gate Real Estate Office, by Reunion Resort Orlando, is a full service Real Estate Brokerage Office in Champions Gate, Davenport 33896, next to Reunion Resort in 34747. Search for homes for sale with our Realtors, local experts in Champions Gate, Reunion Resort, Kissimmee and Davenport FL. This being the main area for resort vacation homes that can be rented out to meet the Disney World Orlando>, Universal Studios and other theme park market.
Alternatively, if you are looking for a new place to live, Our Realtors can help you find the perfect home in the Orlando, Kissimmee, Davenport, Clermont area known as the Four Corners, where Osceola, Lake, Orange and Polk Counties come together, Next to Disney and the Theme Parks.
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