Saturday, December 2, 2006

Selling Bradenton Real Estate in a Strong Buyer's Market

Given the strong buyer's market in the Bradenton area we have been giving the following tips to any potential sellers. Although the majority of seller's have gotten the message that it is no longer an easy job to get your Bradenton real estate sold, some are still clinging to the old market and inflated prices.
So, what do you need to do to sell your home?
  1. List with a qualified Realtor, who has experience in the local market and keeps up with the latest ways of getting their listings noticed. Education is important, find an agent with the CRS designation (they must complete stringent education as well as prove proficiency through number of closed transactions).
  2. Price your home at the bottom level shown on the market analysis your Realtor prepared for you. Keep in mind that the market is still adjusting and there continues to be a glut of homes which will keep sales prices down for some time.
  3. Prepare your home to sell ... it must stand out from all the rest both online and in person. We believe in this so strongly that we hire professional interior designers for a one hour consultation, so you know what needs to be done to make the best first impression.
  4. Make your home easy to show. The more difficult it is for another real estate agent to bring buyers into your home, the more likely they will just move on to another listing instead. We recommend an electronic lock box with one hour advance notice for showings.
  5. Make sure marketing is targeted to a particular type of buyer. Ideally all advertising should not only list standard information on your home, but include the benefits of these items as well as help the buyer visualize how it will enhance their lives.
  6. Get other agents in to your home...caravans, broker's opens, having your listing pitched at local board of Realtors meetings are important.
  7. Is your home or condo on the web? Amazingly, we still see homes that have no web presence at all. Minimally it should show up on Realtor.com and through other agents web searches. Ideally you want upgraded listings on Realtor.com with virtual tours, multiple photos and text describing your listing, along with other major sites both in the US and out of the country.
  8. Stay in touch with your Realtor and be open to feedback from other agents and buyers. If you aren't having any traffic in your listing, make sure you are priced competitively and make a good impression.

Following these tips will help you get your home, condo or investment property sold in the least amount of time and for the best price possible. Please go to www.bradenton-real-estate-connection.com for more detailed information on the buying or selling process in the Bradenton area.

1 comment:

Unknown said...

Hi Deb,

Really like your blog!

Steve Shepherd