4 Keys to Getting your Clermont Home Sold Quickly

We may be experiencing a major turnaround in the market right now with home prices soaring and yet interest rates are also slowly creeping up. This in turn may deter some buyers although we currently are not seeing that yet. Now is still a great time for buyers to jump on the market but sellers may find themselves competing with each other to get the best buyers. So how can sellers compete? Here are four keys to getting your Clermont Florida home sold quickly and effectively.

Price your home about 10% under market value. Don’t freak out, you may actually get about 10% more than its current value because buyers are likely to jump on a deal right off the bat and may even bid up the cost of the home quite substantially. If you the lowest price home on the market for the best amenities the home will sell quickly.

Now I could probably stop there and get your home sold quickly but there are three other major keys to selling your home.

Be creative in your advertising. As your real estate agent I market your home to a variety of buyers, buyer’s agents, and a network of agencies across the country. My connections to social media and thousands of other agents give your home the exposure it needs. We can always devise unique virtual tours, exciting videos, beautiful landscaped pictures and a social media campaign unlike any other.

Here’s a cute video by Rita Rudner – now this is creative selling!

Renovations and Updates can help but they may not be the end all. You have to find those renovations and updates that make it worth your time and money. If you spend $10,000 doing a bath remodel and it only adds $5000 to the cost of the home it’s really not that worth it. Talk to me, your Clermont agent, to determine what works and what may not for updates and renovations to your home.

A cash offer may not be the best offer. In this market you may get a lot of different offers both from cash investors an owner occupied buyers. A cash offer, although appealing, may not be the best offer especially if it’s attached to several contingencies. A financed offer with good credit and low contingencies may be the best option especially if the closing meets your dates.

Every home is different and I want to market and advertise your home for the right buyer at the right price. Call me today for a free listing presentation of how I would market and sell your home in Winter Garden, Clermont, Minneola and any of the surrounding communities and towns near Orlando.

Should I Sell my Clermont Florida Home Now?

Should I Sell my Clermont Home Now?

We’ve been seeing small trends of home prices are rising over the last few months and the general consensus is that the average listing price has gone up about 1% over the last few months and the median sales price has gone up nearly 14% over the last 2 to 3 months. Between February and April in Clermont Florida there’s been 833 homes for sale and 968 have recently sold. This is really good news in that many homes are selling quicker and are on the market for a much shorter time. The average listing price right now in Clermont is about $248,000 with the median sales price hovering around $165,000 which is up $20,000 just from a few months ago.

So sellers are wondering if now is a good time to sell or should they hold out for a little bit longer if the market keeps going the way it is. My suggestion is always if you need to sell now, now’s the right time to sell. Once school is out which is here shortly, there will be more buyers looking for homes since Summers a great time to move. But if you need to sell now, I would urge you to get your home listed in on the market now to get the majority of buyers through the door as quickly as possible and more offers on the table.

The longer home sits on the market the less interested gets from buyers. Right out of the gate, if price correctly, sellers can hope to gain a lot of buyers and possibly multiple offers on the same home. This is certainly something that sellers want to deal with and can be easily managed with a professional and expert Clermont real estate agent.

If you’re unsure or hovering on the fence about whether or not now’s the time to sell your Clermont Florida home give me a call and let’s discuss how much you need out of the home, if you’re planning any repairs or upgrades, and how we would go about marketing and listing your home for sale for the most interested buyers today.

5 Reasons Why Your House Won’t Sell

Most Realtors work really hard to get listings as they say “you must list to last”. Finding homeowners ready to sell their home and list with us is very exciting both for the Realtors and the homeowners.
Realtors look forward to getting a commission check and homeowners look forward to selling their house. Unfortunately, listings don’t always produce same results. Some never make it to closing table! Here’s a list of 5 Reasons Why Your House Won’t Sell;

1. Your house won’t sell if it’s overpriced- No matter what part of the country you live in, number ONE reason why your house didn’t sell is because it is priced higher than it’s market value. If there are active listings in your immediate area similar to your house with lower asking price, they will sell before yours. If you were the buyer looking to buy a house and it’s between two houses with similar characteristics but one is priced $20,000 higher than the other, would you buy the one that’s priced lower or pay $20,000 higher?
If your house has been on the market for 30 days and hasn’t been shown, it’s overpriced!! It’s time for a drastic price reduction..not $500.00, not even $5000.00!! Meet with your Realtor and review all the Active, Pending and SOLD comps in your area and price yours accordingly. If you can’t reduce the price, perhaps you should think about taking your house off the market for 6-8 months and start fresh with a realistic price.

2. Your house won’t sell if it can’t be shown- Your house should be available to show any day of the week at any time a potential buyer would like to preview your house. I’ve seen showing instructions that read “can only show Wed and Fri between 2-5pm” or “no showings until further notice” Buyers are not going to wait around, there are other homes they can preview and possibly buy. I’ve written a post titled Houses That Can’t be Viewed will not be Sold.
House that is listed for sale must be available to show, no workarounds!

3. Your house won’t sell if it’s a secret listing- There are actually secret listings just as there are secret Realtors. It is very important MLS listing has the correct information on your house for sale. Correct zip code, correct city, correct number of bedrooms and bath. Tax Records does not always have the correct data on single family homes and if the listing agent is importing data from Tax Records into MLS, potential buyers will not be able to view your house online. For accuracy, ask for a copy of the MLS sheet from your Realtor.
Listing the house in MLS is not enough marketing to get your house sold. Your listing Realtor must advertise the listing on different websites as well as print media. Most buyers start their search online, be sure to choose a Realtor who is going to advertise the listing on multiple sites.

4. Your house won’t sell if it doesn’t show well- This includes, broken windows, weeds that take over the house, toys all over the house, garage filled with clutter, kitchen counter you can’t even see, finger prints on appliances, pet odors, dogs running around during showings, homeowners being present during showings, rainbow wall colors throughout the house are just some that contribute to your house not showing well. Buyers are looking for a home that is move-in ready. If your house is not listed as “Handyman Special” it must be in immaculate shape.

5. Your house won’t sell if photos are less than acceptable- No photos of dogs, unmade beds, toilets, dishes in the sink. There’s no excuse to have only 1 photo of the house that was taken five years prior to listing. Pictures worth a thousand words!! Get those potential buyers visit your house.

Sometimes even overpriced listings get traffic due to marketing, great photos as well as MLS description of the listing and Public Remarks but not enough to get your house SOLD!!!
Don’t let your listing show up on the list of “Expireds”, take action now so you could move forward. These are the top 5 Reasons Why Your House Won’t Sell! Can you identify with any of them?

Should I Do a Refinance?

The multiple benefits of a mortgage refinance – What to take into consideration

Are you someone who is struggling with the mortgage payments? If answered yes, you need not worry as you can choose to take out a mortgage refinance loan with which you can get back on track. Refinancing is nothing but taking out a new mortgage loan that carries favorable interest rates and monthly payments. As the current mortgage rates are pretty low, this is considered as the best time to refinance your home loan and if you’re not aware of them, you might gain enough information from the concerns of this article. Check out the benefits that you should consider.

Change the interest rates on the loan: The interests on the current mortgage loan are the biggest reason behind the large number of defaults and the foreclosures that are taking place in the nation. If you’re suffering under the high interest rates on the mortgage loans, you can opt for a refinance as the new loan will probably carry lower rates through which you can save a considerable amount of money. However, you need to ensure that you take out the loan that carries the lowest rate so as to make the highest amount of savings.
Lower the monthly payments: As the interest rates on the new refinance loan will be lower than what you were paying, you can save a lot of money. As all of us have a huge amount of debt obligations to repay in a particular month, it becomes impossible to manage all of them at the same time and therefore when you can save your dollars, it becomes easier to repay the mortgage loan debt.
Change the type of loan: The type of loan that you take out may also become a burden for you. If you had taken out an adjustable rate mortgage and you’ve been subject to very high monthly payments, you can certainly refinance into a fixed rate mortgage loan so that the monthly mortgage payments remain fixed throughout the term of the loan and you can manage your finances in a better manner.
Extend the repayment term of the loan: When you’re getting tired due to the high monthly mortgage payments, you should try taking out a new refinance loan that amortizes throughout a longer period of time. By taking out such loans, you can ensure lowering the monthly payments. With a loan that is extended over a longer period of time, the monthly payments will be much lower and therefore you can be able to save enough money.

Therefore if you wish to take out a home mortgage loan with better rates and conditions, choose to take out a refinance loan when the mortgage rates are lower. You just have to ensure that you shop around and choose a loan that will lower the monthly payments and help you save your dollars.

Your Florida and Orlando Expert

I love living, working and playing in the area and if you love it just as much, give us a call to find your perfect dream home in the Orlando real estate market. I help buyers and sellers in Winter Garden, Clermont, Minneola and all over the Orlando area. Where know where to live in Orlando!