The magic number for my investors is $200,000. I think you'll find that there are a lot of auto searches set up at $200k max. So at $210k you don't show up.
In terms of what you have posted on the MLS, I note you have only posted 13 pictures, when you are allowed 25. And frankly some of the photos are not all that appealing. When you opt for a limited service listing, you do get what you pay for.
Lake Nona is the hottest area in Ctral FL and with the right marketing mix, it should be getting multiple offers
If you look into it, you will see that 4 bedrooms sell on average for 180-195k. But these are new and the owner would have the advantage of moving into a brand new unit, with new refrigerator, paint,.....
So if you really want to sell, you have to be reasonable and take all of that into consideration...and if you have a real offer in 170-180, you should be strongly considering it.
there is a reason agents like his answer.. . ... it's because it's good.
Now, if I wanted to sell my house in the Lake Nona area, I would call Mark, just because
he knows a lot more about the area than I do.
I have called Mark about the area before, and sent buyers and sellers his way, not because I don't like commissions, it because I understand the value of a great agent that knows the area.
If my message has gotten across, here is his number.
â€œPut My Neighborhood Knowledge to Work For You - (407) 378-3543â€
Also, to set an appointment because is an occupied unit and to accommodate the pet in cage often discourage the showing vs showing a brand new, staged and available vacant inventory on same community.
To compete you need reduce the price at least.
Hire a realtor to revamp your listing and marketing plan. Better pictures, multiple advertising avenues and a realtor with clients that are actively looking could move this unit in 30 days... Go to $199,500
sometime this move will do the trick.
Vincent Warren Paige, Jr.
REALTORÂ® | RE/MAX Showcase
Certified Broker Price Opinion Registered Agent (BPOR)
8934 Conroy Windermere Road | Orlando, FL 32835
Direct: 407.256.8190 | Fax: 407.264.8073
Some of the things I do is post 25 attractive photos. But this only works if the homeowner cooperates and makes the home look attractive for photos. It is not easy for an owner occupied home to compete with a new builder. I export my listings to over 50 websites for maximum exposure. But again, it only works if the photos sell. if you opted for a lmited service listing, I presume you are doing the marketing? What are you doing to sell the home? Have you staged it and held open houses? Taken professional photos? Made professional looking brochures?
Just saying, if you are trying to get $24,000 higher than you paid 7 month ago, you will need to do some marketing. I am in this area so I know the builders have increased prices about 3-4 times since then. But buyers from other areas dont know this. They just think you are tring to sell for 24k more than you recently paid. It appears you are probably trying to cover your closing costs and not sell at a loss. That is difficult when selling less than 12 months after purchasing new.
The best advice you received is to lower to below 200k. It will probably double or triple the number of searches you appear on. I would also advise you match the builder incentives. If they are offering seller paid closing costs, buyers with little money will go there first. Even if it costs them more, the out of pocket cost to close is less when the seller pays 5-10k in closing costs. They spend thousands to market their homes. What is your marketing budget to compete?
REMAX Properties SW
10743 Narcoossee Rd
You should hope that there is more than one "right" buyer out there.
One factor might be your HOA: Buyers are getting wise to HOA's and their reputations in general. Yours might be a good HOA, or not.
The LISTING PRICE, however, is unescapable: If Buyers are staying away in droves; they are sending you a message; You want to lower the price to attract MULTIPLE OFFERS. Didn't your Realtor tell you this?
I spoke to you about your townhouse. I live in Nona Terrace and I am a realtor. You may have to be patient or reduce the price. Being on the MLS is not enough. There are a lot of other ways of advertising to reach the buyers out there!. Also, people like to buy new, so you are in direct competition.
I wish you the best of luck!