When you put a house up for sale, a fast sale is considered within one to five weeks. This is true of New Orleans Real Estate as well as any other city. If your home hasn’t sold after five weeks, that is not a good indication that you’ll get your asking price. At that point, you’ll want to lower the price.
Even if you aren’t in a terrible rush to sell and move, you get the best chances early in the listing time. Many adjustments can be made to the house to entice prospective buyers. A Realtor can advise you on what they are. Some are getting listed in the Multiple Listing Service for maximum exposure. The professional Realtor can help you navigate through the many minor details required before you receive a check for the sale of the house.
Price it right. Too high means you scare people away. Too low means you may have to end up going even lower. Your asking price should be set in accordance with what similar homes sold for in the same neighborhood. Recent sales will give you some idea of the value of your property.
Paint the walls a neutral color that appeals to most people. Arrange things in the house to be as attractive as possible when they tour the home for the first time. If it seems appealing, a couple may return to check out the other features.
Depending on the speed of the real estate market in New Orleans, you may want to entice a prospective buyer with an added bonus. You might offer to pay all the closing costs. This is minimal compared to the cost of the home. It is cheaper than paying an extra month’s property taxes. Some owners off a redecorating allowance, or include all window coverings and kitchen appliances.
You might have trouble researching real estate sale prices when purchasing New Orleans real estate. Hurricane Katrina swept many of them away in the high wind and the flooding of the charming Southern city. But try the local library if it is still above water. Whatever small bits of sale information you can find might help you to make a guess at the optimal price to put on your home.
New Orleans real estate continues to be a good buy, even in today’s depressed housing market. If you want more information about buying or selling a home in the Big Easy, visit the website at http://www.parkwayrealty.com today.+