Costa Mesa's Neighborhood Blog: Don't Miss Out on the Honeymoon when You Sell Your Costa Mesa Home

A blog about Newport and Costa Mesa with an emphasis on Costa Mesa Real Estate and Newport Beach Real Estate, written by a lifetime local resident of coastal Orange County whose knowledge of the area, combined with a strong background in mortgages, real estate and being an attorney, gives her clients many advantages.

Don't Miss Out on the Honeymoon when You Sell Your Costa Mesa Home

Don't Miss Out on the Honeymoon when You Sell Your Costa Mesa Home

 

 

 

Do you want to sell your Costa Mesa home for the most money possible?  If you're like most sellers, of course you do!  However, this needs to be balanced against the danger of over pricing your home and thus winding up with a lower sales price. 

 

How can this happen?Costa Mesa Home

 

When a home first comes on the market, all buyers who are looking for that type of home will buzz about it and likely notice it.  However, if it is over priced, many of those potential buyes will choose not to look at it.  As time goes on and the over priced home is inevitably reduced in price (if it is to sell), the home may actually gain a type of stigma from being on the market too long.  Now, new potential buyers or the older buyers will wonder what is wrong with the home, or why it has been on the market for so long.

This is not good for the highest price possible for your home as those buyers may be looking for a reason to pay less.

 

What can you do to make sure you get the most for your home without leaving money on the table?

 

Have your Realtor provide you with comparables - homes that are similar to yours and have sold recently and also homes that are currently for sale or in escrow so that you can see your competition and what the buyers will be comparing to your home.

 

After you have reviewed these homes and discussed them with your Realtor, you can make an informed decision about the value of your home.  If you still want to "test" the market, be sure that you listen to the market.  If your home is priced higher than your Realtor recommended and you aren't receiving offers or showings, make sure to adjust the price before you lose the honeymoon period and wind up with a home that sits on the market.

 

Please contact Christine Donovan at 714-319-9751 for a free valuation of your home or for more tips to get your Costa Mesa home sold for the most amount of money in the shortest period of time.

Originally posted at: Don't Miss Out on the Honeymoon Period when Selling a Costa Mesa Home.

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About the author: Christine Donovan is a California Residential Real Estate Broker with experience in assisting clients buy and sell residential real estate.

Are you upside down in your home? Is it worth less than you owe? Are you concerned about making your mortgage payment? For more information see Options to Foreclosures, understanding short sales or contact me at christine@donovanblatt.com to discuss your options.

If you want to buy a home or to list your property for sale, please click Newport Beach homes, Costa Mesa homes, Huntington Beach homes or Orange County homes.  Click the link if you are interested in buying a home at a courthouse auction sale.

Contact me at christine@donovanblatt.com or 714-319-9751 to learn about her system which will make your buying and selling experience easier.

Disclaimer: All information in this blog is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warantees either express or implied. This blog is not intended to offer any legal, tax or other advice.

Click Orange County homes for sale to view all OC homes for sale.

Comment balloon 2 commentsChristine Donovan • April 28 2013 04:47PM

Comments

Over pricing a home will allways impede the amount you will eventually receive in the end. It is a golden rule of Real Estate. the reasons you point are exactly the reason to price your home to sell in the first 60 days.

Posted by Jimmy Faulkner, The Best Of St. Augustine (Florida. Homes Realty & Mortgage) over 4 years ago

Christine, this is so important for home sellers to understand before they list the home for sale! No sense in leaving money on the table!

Posted by Maria Morton, Kansas City Real Estate 816-560-3758 (Chartwell Kansas City Realty) over 4 years ago

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