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.
While you may not find it urgent to sell fast, that is the optimal choice for getting the optimal price. There are things you can do to appeal to prospective buyers. Use the tips professional advise. They advise getting a realtor to do the best job possible. Get into the Multiple Listing Service for the most exposure to the largest audience. A realtor and MLS will help you to wade through the morass of details a home seller must go through.
Good tips include putting the right price on the property. If you price it way too high, it scares off the home buyers and they may not even tour the home. Check prices in the neighborhood and figure your price from there. Similar sized homes in that area that have sold recently are your best indicator.
Do a little home staging before listing a property. It is the way to assure your your home appeals to most people who see it. There are professional stagers who will come in and tell you what colors to paint the walls, how to arrange the furniture and perhaps when to add a feature that is appealing to the average home shopper.
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.
It may be somewhat more difficult to locate home prices when buying New Orleans real estate. After Hurricane Katrina, it was discovered that all real estate records had been destroyed. It may be possible to research in the library by reading old newspapers. If the library is still standing, it may be the logical place to go for the information that will help you sell.