Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible.
1. Price it a LITTLE LOW
This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In actuality, this just dramatically lessens the demand for your house (see chart below).
Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. In that way, the seller will not be fighting with a buyer over the price, but instead will have multiple buyers fighting with each other over the house.
Realtor.com, gives this advice:
“Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly underpriced, especially in areas with low inventory.”
2. Use a Real Estate Professional
This too may seem counterintuitive. The seller may think they would net more money if they didn’t have to pay a real estate commission. With this being said, studies have shown that homes typically sell for more money when handled by a real estate professional.
Research posted by the Economists’ Outlook Blog revealed that:
“The median selling price for all FSBO homes was $210,000 last year. When the buyer knew the seller in FSBO sales, the number sinks to the median selling price of $151,900. However, homes that were sold with the assistance of an agent had a median selling price of $249,000 – nearly $40,000 more for the typical home sale.”
Bottom Line
Price your house at or slightly below the current market value and hire a professional. That will guarantee you maximize the price you get for your house.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Think you know what a real estate agent does on a daily basis? You might have to think again in order to correctly identify all the responsibilities on the shoulders of your REALTOR (a real estate agent who is a member of the National Board of Realtors). You most likely would be surprised—and impressed—to discover the wide range and long list of activities undertaken by your REALTOR in your pursuit of buying/selling a home.
A basic job description would include renting, and buying, and selling (oh, my!) real estate for clients, interviewing potential clients, previewing and showing property, discussing sales conditions, drawing up and presenting offers, holding open houses, and writing contracts—all the while meeting deadlines and hand-holding when necessary. Oh, but there is so much more for your REALTOR to do, including, but certainly not limited to, the following duties:
Staying current with market trends in your area
Analyzing comparables
Exploring and evaluating mortgage options
Finding buyers or properties for clients
Scheduling appraisals
Keeping up with changing federal/state laws and program
Promoting properties via ads, web sites, videos, and virtual tours
Completing required courses, attending seminars, and the like
Coordinating inspections, walk-throughs, and closings
Arranging for title searches
But did you know that the National Association of Realtors awards grants to groups of state and local real estate associates who attempt to go above and beyond in promoting and expanding housing opportunities in their communities? These REALTORS work together to design and implement affordable housing programs and are thus eligible for the NAR grants twice a year. In addition, the NAR offers programs, training, and resources for these groups. Click here for details of the Housing Opportunity Program.
Remember, real estate doesn’t sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitioner’s contacts through previous clients, referrals, friends, and family. When a property is marketed with the help of a REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally pre-screen and accompany qualified prospects through your property.
Contact us! We’re qualified, experienced, and looking forward to assisting you.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Welcome to your up-to-the-minute June 2016 edition of Market Snapshot for Windermere, Florida compliments of Teri Isner. This report is personalized with charts including market activity for homes in the 34786 zip code. Take a look…
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Welcome to your up-to-the-minute June 2016 edition of Market Snapshot for Kissimmee, Florida compliments of Teri Isner. This report is personalized with charts including market activity for homes in the 34741 zip code. Take a look…
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Welcome to your up-to-the-minute June 2016 edition of market snapshot for Celebration Florida compliments of Teri Isner. This report is personalized with charts including market activity for single family homes in the 34747 zip code. Take a look…
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Why postpone happiness? Your search is ended, this home is easy to love. It’s the extras that count and this one has endless special touches. Warm and welcoming with space galore, this home is attractively planned. A real cook’s kitchen and island boasts an abundance of beautiful granite counters, stainless steel appliances, and a cheery breakfast area. The family room adjoins the kitchen for easy entertaining. Formal dining and living spaces provide more room to enjoy in classic style. A guest bedroom and bath are also conveniently located on the first level with 3 additional guest bedrooms upstairs. The master retreat includes a large ensuite bath, walk-in closet, and even a private balcony. Lush landscaping completes the private oasis setting of the expansive outdoor patio, solar-heated saltwater pool, and hot tub. With no rear neighbors, relax and enjoy lounging pool side. So near yet so far, this home’s location enables a better way of life…tranquility away from the urban rush while retaining the convenience of nearby shopping and restaurants. Disney parks are only a short drive away and beaches are within a one hour drive. If where you live is important, better take a look at this one!
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Happiness for sale! With windows galore to brighten your day, this home is ideal as a primary residence, great get-away, or as an investment property generating short-term or long-term rental income. Its nice floor plan emphasizes comfort and boasts a generous kitchen with eat-in dining. Two separate living areas provide space for everyone. The master suite includes a sitting area, large walk-in closet, and ensuite bath. Relax in the screen enclosed private pool and spa or enjoy visiting with others at the community pool and playground. Experience the charm of a residential community while being conveniently located near shopping, restaurants, just a few minutes drive to the Disney parks. East and west coast beaches are only a one hour drive. Truly a home for all seasons, this one is a smart choice. Better take a look!
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Now that much of the dust has settled and the panic has waned, let’s take a look at what impact Britain’s exit from the European Union may have on the U.S. housing market. The most immediate impact of Brexit will be on mortgage interest rates. Interest rates have remained at historic lows for the last several years. Contrary to what many experts believed, rates have remained low throughout the first half of 2016.
Possible impact of Brexit on mortgage rates?
In a recent article, the Washington Post explained:
“Brexit has spawned the recent bout of volatility in global financial markets. That has anxious investors scurrying for safety — and few assets are safer than U.S. Treasuries. High demand for government debt pulls down interest rates.That all translates into ultra-low mortgage rates for American households. And with Britain voting for Brexit, they could go even lower.”
However, the lower rates caused by Brexit may be short lived as Trulia Chief Economist Ralph McLaughlin pointed out in a recent post:
“While the departure of the UK from the European Union has driven down the 10-year bond, and thus mortgage rates, we expect them to rebound later in the year as uncertainty over the economic consequences of the departure lifts.”
Bottom Line
Rates are already at historic lows. The UK’s exit from the EU almost certainly guarantees they will remain low (and possibly go lower) over the next few months. If you were thinking of buying your first home or trading up to the house of your dreams, this may be the time to act. The cost of money may never be better for a potential buyer.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Beauty, warmth, and value in this Custom-Built home nestled within the gated community of Ashley Cove. As you enter the foyer, prepare to be impressed by the designer updates. The Gourmet kitchen will delight the chef in your family with custom maple cabinetry, stainless steel appliances, a built-in double oven (upper is convection), 5 burner cook top with bridge burner, and an island with prep sink. Its open floor plan is ideal for entertaining, and you can further expand your party outdoors by opening the 16′ glass sliding door connecting the family and screened and covered large brick paver patio. Need more space? The office with its existing French doors can easily be leveraged as a 4th bedroom. Split bedrooms provide privacy. The inside laundry with laundry tub offers convenience, while thermal windows and extra insulation add energy efficiency. For those who enjoy the outdoors, water activities and fishing you are just minutes from Lake Toho. Centrally located with easy access to the airport and turnpike. This one is designed for living…come explore the many estate-quality features and you will agree….oh, what a house!
On Monday, July 4, 2016, thousands of Central Florida residents and visitors will gather at Lake Eola Park for the 39th annual Fireworks at the Fountain.
Performance Schedule
Walt Disney Amphitheater
5 p.m. – Lucy Iris
8 p.m. – Orlando Concert Band
9 p.m. – Mayor Buddy Dyer
9:10 p.m. – Fireworks Display
Local rock musicians will perform on the 98.9 WMMO Stage starting at 5 p.m.
Parking
Ample parking is available within walking distance of Lake Eola Park. A list of surface lots and garages can be found here.
Please be aware that multiple road closures will be in effect. View the Road Closure Map for more information.
Handicapped parking will be available on Rosalind Avenue between Jackson Street and Central Boulevard for the event. Please approach the road closure and show the police officer your handicapped designation for parking.
Public Transportation
The free LYMMO circulator is recommended for Downtown residents and attendees parking at garages other than the Orange County Library Garage, located at 112 East Central Boulevard.
LYNX will be running on a normal Sunday service schedule for the holiday. Click here for more information on using LYNX and LYMMO to access Downtown.
Rules/Regulations
No tents/canopies
No large umbrellas
No staking into the ground
No glass items
No outside alcohol
No personal fireworks
WHEN: Monday, July 4, 2016 – Festivities start at 4
WHERE: Lake Eola Park
COST: FREE
Visit the Event Website for more details.
Information courtesy of Orlando Real Estate Expert Teri Isner and the Orlando Avenue Top Team.
Access Teri’s one-stop Orlando FL home search website. Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estatemarket. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale. You deserve professional real estate service!
You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
