4 Tips For Selling A House In Tallahassee
If you own a house in Tallahassee and want to move, then read these tips for selling a home and you should be able to reach your goals. Currently, 57% of homeowners who put their house in Tallahassee on the market last year failed to get it sold, and it simply was the result of not understanding a few simple things.
The real estate market is bound by the same sets of rules as any other commodity, and that means supply and demand will rule the movement of values over time. If too little supply is available for buyers, then prices go up. If supply outweighs the demand, then prices decline as sellers work to rid themselves of unwanted inventory. It is no different in real estate, as the highest motivated home sellers right now (banks, asset managers, short sellers, pre-foreclosures) are reducing prices to get homes sold.
If you are trying to sell a house in Tallahassee, then you are competing with these highly motivated sellers. It is important that you understand the competition and then decide whether or not you are serious about selling your house in Tallahassee.
Tips For Selling A House In Tallahassee
Most home sellers begin the process of selling a house in Tallahassee backwards. Their first thoughts revolve about what they need and what they want for a home. The fact is, buyers control the prices in the real estate market, sellers only control whether or not they will sell. The first thought for a seller should be "what can I expect to get from my home, and does that allow me to do what I want to do?"
So you have to understand you own motivation for selling. If you have taken a job in another State and must get rid of the home, then "it is what it is." You will only need to determine how you will handle the consequences of selling a home in Tallahassee. But if you are thinking of up-sizing/down-sizing or just moving across town, you need to find out what your house in Tallahassee is worth and then use this to determine whether or not you should even enter the market.
The value of your home is relative to the other homes for sale in the market today. Think about it from the buyer's standpoint. On the day that a homebuyer is going to buy a house in Tallahassee, she examines the complete list of homes for sale in Tallahassee and chooses for viewing the ones that she likes best. That means she most likely will have a certain area she wants, a certain size that she wants, and a list of amenities that she wants. Once her list has been narrowed down from the thousands of houses available, all of the homes on her list will be very similar. At this point, the best one is chosen based upon the needs and wants of the buyers, and value certainly plays its part (as value already helped her narrow down the list).
Your ability to get the absolute best price when you sell a house in Tallahassee is based upon two very important factors, exposure and price. We refer to this as targeted exposure, and it is why our Joe Manausa Real Estate Targeted Home Selling Plan works so well in a market that has an incredibly high failure rate.
Exposure is something that is grossly mis-understood in the real estate industry. Pasting your home for sale on a million websites won't hurt, but it won't help either! The key is knowing where "ready buyers" are congregating on the internet, and ensuring that your home is PROPERLY FEATURED there. Notice I did not say that you needed to be on that website, I specifically noted that you needed to be properly featured!
70% of the ready home buyers are using a specific tool to search for homes in Tallahassee. The list includes all of the homes for sale in Tallahassee, but only a select group of homes is featured on this site. If you would like to know more about getting your home featured on this special website, just drop me a note and we can discuss how this is done.
Targeted exposure is about putting a house in Tallahassee in front of the buyers who are ready to make a decision today. It's not about being on the large aggregate sites that have "shoppers," rather it is about being in front of people who are ready to become new homeowners.
Your home needs to be priced EXACTLY RIGHT. If you price it too high, you most likely will join the list of 57% of homeowners who fail to sell the home. If you price it too low, you risk losing some of the equity that you have. The right price allows you to sell fast, but at the highest dollar possible. Think about it, home values are still dropping, so doesn't selling fast most likely mean that you will get a better price?
If you have studied your competition very closely, then you will have a good idea of the price your home is most likely to fetch in today's market. You should understand that the price that you set on your home will determine whether or not you even get selected for viewing. If you price your home with the rest of the market, most likely you'll be like the 57% of homeowners who failed to sell their house in Tallahassee over the past year! You must study your competition, determine the homes for sale that are most like yours, and then price your home lower than them if you want to attract one of today's few homebuyers.
I hope these four tips for selling a house in Tallahassee have helped you gain a better understanding of how to be successful in today's difficult housing market. While I know the decision is stressful, the process for getting all of it done and getting you moved can be facilitated by our office. We will help you determine the value of your home, help you understand the exact right price to ask, and then get you sold in the next few weeks (for homes in most price ranges).
If you would like more information about selling a house in Tallahassee, please contact our Joe Manausa Real Estate office and we will be happy to help you.
Joe Manausa Real Estate is a brokerage company headquartered in Tallahassee, Florida. Its unique business model provides specialists to both home sellers and home buyers, and the results speak for themselves. JMRE has significantly more 5-star reviews on google than any other local competitor. Joe Manausa Real Estate is a leader in internet marketing and utilizes search engine optimization, email marketing, social media and data analytics to get their clients’ home sold faster and for more money than any other Tallahassee brokerage firm. For more information, visit www.manausa.com or call us at (850) 366-8917.