Pricing Your Orange County Home for Sale

Posted on April 1, 2008. Filed under: Orange County Real Estate |

Selling a home in today’s Orange County real estate market can be a bit tricky.  The market is not nearly as hot as it was a few years ago and selling a property can take quite some time, especially if you are still pricing your home based on old market standards.

Sure, a few years ago you could ask some exorbitant price for your Orange County property and sell your home in no time with a huge profit to show for it.  Unfortunately, that’s just not the case anymore and an overpriced home will simply sit on the market for months and months without a singe offer. 

So how do you price your home for sale?  Well the first thing you should do is find and experienced Orange County realtor to help you understand what homes in your neighborhood are worth.  Your realtor will provide you with a list of homes in your area that have sold in the last few weeks and what they have sold for.  This will help you determine a realistic asking price for your property.  Also, if you’re competing with homes in your area that are foreclosures or short sales, you may find that you have to dramatically lower your asking price to sell.

Remember – your home’s value is not based on what you think your home is worth or on how much you owe on your loan – its worth what buyers are willing to pay.  If you want to sell your Orange Countyhome and you want to do it quickly, call a realtor you trust.  If you need help, feel free to shoot me an email at Angie@AskAngie.com.

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    Orange County, CA Real Estate for hip first-time buyers and investors. Plus, fun things to know and do in OC.

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