Orlando Real Estate

Three Things Sellers Need to Know About Buyers

September 8th, 2015 9:21 AM by David W. Welch

First, it's all about the buyers. This may be hard for some sellers to accept, but buyers are the market. As with anything you may be selling, if you don't have buyers there is no market for your product. That is not to say that every house should sell on day number one, because it does take time to reach potential buyers. Timing is also a factor, because buyers for your property may not be able to drop what they're doing to see your house today. Have a little patience, but if you property is sitting much longer than others in your area take a look at your condition, availability and price.Selling your home

Second, you also have to be aware that buyers have other options. The higher your price range, the more options potential buyers probably have available to them. This is why higher priced homes often take longer to sell. Properties sold by Orlando Realtors® last month took 69 days to get to contract. There were over 3,375 closed sales total, only 130 homes sold for more than $500,000. These higher priced properties took just over twice as long to go to contract at 141 days on average.

Finally, not every buyer is going to love your home. I know that may be hard to hear, but it is true. From floor plan to flooring, cabinets to curb appeal, paint color to price, there are aspects to your house that may not appeal to some buyers. Some of these factors, can be changed easily, others like floor plan not so much. Do what you can to make sure your home will appeal to the greatest number of people.

Orlando Real Estate
Posted by David W. Welch on September 8th, 2015 9:21 AM


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