Number One Selling Tip

In the Orlando area, there are over 20,000 homes for sale. So, how do you beat the overwhelming odds and get your house sold? What's the not-so-super-secret number one selling tip? It's easy. Set the price right in the first place.

This market is no place to test the price for a month or two. Average home prices are clearly falling, so you don't want to be behind the curve when selling. Look at it this way, the average sales price in the Orlando area fell a little more than 10% from August to September this year. That's quite a drop in a month. So if you had placed your home on the market in August with a price that was only 5% too high, not only are you not likely to get any offers, but by the time you're ready to try dropping the price, average sales prices will have dropped even further. You're much better off pricing your home correctly right away, than you are waiting a month or two and having even lower prices to match.

On top of that, if your home has been on the market for a few months, agents will start to wonder why. They may not even show it at all and stick to newer listings, instead - there are certainly plenty out there to choose from. Now you're stuck trying to sell a home that no one will even see, with a price lower than you could have sold it for a couple months ago.

Don't test the market. Now is not the time for that. Set the right price for your home immediately and you will end up making more money in the long run.

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