Orlando Real Estate - Blog

If you’re planning to put your home on the market, it’s not your manners that need polishing. Try your silver, among other improvements. Now, more than ever, getting a signed contract in hand is all about price and quality.

Here's a few tips to selling your house in a tough market.

Price Is A Science

“The biggest mistake sellers make today is that they don’t price their homes correctly,” says Elizabeth Weintraub, a broker with Lyon’s Real Estate in downtown Sacramento.  “If a house sits on the market, people start to wonder, ‘what’s wrong with that property. How come it’s not selling?’”

She says pricing is an art and a science, and also depends on the local market. In Sacramento, for example, home sellers are competing directly with foreclosures and short sales (when a seller owes more on a property than it is worth and the bank agrees to accept less than the amount of the mortgage).

“In the past, if there was a home that was sold as a foreclosure on your street, it was an isolated circumstance. Now, because of the high number of foreclosures and short sales, they are the comparable sales,” Weintraub says. “If your price is not competitive with these numbers, it might not get shown at all.”

Her pricing method: look at pending sales. These will become the comparable sales. Even though they don’t say the exact sale price, you can make an educated guess or find out from the listing agent.

Weintraub also says that if you put your house on the market and it doesn’t sell after 90 days, take it off the market and list it again at another time. “You don’t want it to become stale.”

Mary Ann Grabel of Greenwich Fine Properties in Greenwich, Connecticut, agrees. “It’s all about price,” Grabel says. “People who really want or need to sell are willing to take less than what they paid two or three years ago.” complete story

Source: CNBC - Jessica Reo

Stop Foreclosure

 Save Your Credit

Orlando Short Sale

Orlando Short Sale - Loan Modification image

Orlando Real Estate - Orlando Real Estate Agents

Posted by Orlando Realty Experts on October 11th, 2009 1:45 PMPost a Comment (0)
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

Orlando Homes for Sale image

Orlando Home Valuation image

Orlando Short Sales Foreclosure image

Orlando Real Estate Agents - Homevest Realty image  Orlando Realtors image Realtors Real Estate Orlando image 

Orlando Realty Experts logo image

Orlando Real Estate

We at Orlando Realty Experts are looking for quality realtors to join our growing team of experts, providing professional real estate services to our customers and clients.  Also, offering lead generation and referral partnership programs for established market leaders.

Orlando Real Estate - Service Areas

Orlando – Kissimmee Metro Service Area: Altamonte Springs, Altoona, Apopka, Astatula, Astor Belle, Astor, Belle Isle, Casselberry, Celebration, Christmas, Chuluota, Clermont, Davenport, Dr. Phillips, Eustis, Fruitland Park, Geneva, Gotha, Grand Island, Groveland, Harmony, Howey in the Hills, Kissimmee, Lady Lake, Lake Mary, Leesburg, Longwood, Maitland, Mascotte, Montverde, Mt. Dora, Mt. Plymouth, Oakland, Ocoee, Orlando, Oviedo, Paisley, Poinciana, Reunion, Sanford, Sorrento, St. Cloud, Tangerine, Tavares, The Villages, Umatilla, Windermere, Winter Garden, Winter Park & Winter Springs.

Orlando Metro Service Area - Central Florida Counties: Orange County, Seminole County, Osceola County, Polk County & Lake County.

Orlando Realty Experts: Provides services to home buyers and sellers in Orlando Florida, including FREE Orlando MLS (multiple listing service) search, Orlando new construction homes, preconstruction property, foreclosures, short sales and distressed property in Orlando FL. We are experienced real estate Orlando agents and  brokers that can represent you in the buying process as a buyers agent or help you in selling a home in Orlando. About Us - Location 

Orlando Short Sale Center: A short sale in Orlando offers homeowners a way to avoid foreclosure and help save their credit.  We have a team of licensed Orlando Realtors and loss mitigation experts who specialize in pre-foreclosures and the short sale of all types of property. 

All our agents are licensed by the State of Florida DPBR; active members of the Orlando Board of Realtors, Florida Association of Realtors and National Association of Realtors.  


Orlando Realty Experts 424 E. Central Blvd. Suite 516 Orlando, FL 32801
Phone: Fax:

Why Choose Us! | Contact Us | Free Home Valuation | Search New Construction | Search Orlando Listings | Orlando Relocation Guide | Orlando Short Sale | Looking to Buy | Looking to Sell | Home | Foreclosure Listings | Our Blog

Copyright © 2012 Orlando Realty Experts
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.