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.
EXIT Realty Champions' Realtors in Champions Gate, have a cutting edge Digital Marketing Strategy to help you sell your home for top dollar available in today's demanding market.
Rest assured that EXIT Realty Champions will Champion your housing needs, whether buying or selling one of the biggest investments you have, your home.
Can I Afford the House I want?One mistake young homeowners make is ove
"Steve Humphries was great to work with. Personable and knowledgeable. He helped us zero in on homes that met our criteria for a vacation rental property and negotiate the minimum price that actually got us the house. It is now a profitable, positive cash flow property that has already had an uptick in value. Steve was very helpful to us as Canadians buying in the US in terms of providing advice we needed and accommodating our last minute travel schedule. I expect to use Steve again personally for any additional revenue homes in the Davenport & Champions Gate area and have recommended him to friends. Well done Steve!"