There are plenty of mistakes that today’s homeowners need to avoid when placing their Orlando vacation homes for sale on the market. If you want to sell your vacation home quickly while getting the highest return on your investment, the following are the top five mistakes to avoid.
Mistake #1: Getting Your Vacation Home’s Selling Price All Wrong
How you price your vacation home can influence how quickly it sells, and it can determine the profitability of the selling process. You’ll need to strike a balance between a price so high it deters buyers from considering your home and a price so low that you miss out on the return you can generate.
Having the expertise of a professional realtor can help you set the best price given the conditions of the market. It’s important to hire a real estate agent who specializes in vacation homes since he will have more knowledge about issues unique to these types of properties, such as conveying short-term rental income potential to prospective buyers, dealing with current guest bookings and offering guidance about property managers.
Mistake #2: Ignoring Your Home’s Curb Appeal
Your home’s curb appeal makes a first impression that can compel buyers to learn more about your property. Ignoring curb appeal can repel those buyers who might otherwise pay top-dollar for your home.
Vacation homes can undergo heavy wear and tear. Over time, they can require touch-ups and regular maintenance to keep them looking great. Pressure washing, painting, and other simple ways to update your home can enhance its curb appeal and attract more buyers.
Mistake #3: Forgetting About the Home Inspection
Interested buyers will likely arrange an inspection of your home before closing. If they find cracks in the foundation, mold, or other common problems, you could lose the sale.
Conducting your own home inspection before you list your property is an affordable and worthwhile investment. Knowing that your home is free of costly issues can give you the peace of mind you need as you start the selling process. More importantly, you can address underlying problems before negotiations begin.
Mistake #4: Showing a Cluttered, Rundown Home
Prospective buyers want to see homes that appeal to their needs, lifestyles, and tastes. A home that looks cluttered or outdated can turn off buyers or cost you in the final sale price.
Removing excess clutter allows buyers to gain a clearer idea of what your home can look like for them. Less clutter means more space, making your home look larger and more inviting.
Just like poor curb appeal turns off buyers, the inside of your holiday home needs to be sparkling and inviting too. Inspect your flooring and consider refinishing hardwood floors, cleaning tile grout and carpets.
Mistake #5: Not Investing in Professional Photos and Videos for Your Home’s Listings
Professional real estate photographers know the best angles and lighting to use for property listings. The right photographs and videos make your home stand out while attracting buyers looking for high-quality Orlando vacation homes for sale in today’s real estate market. If you had professional photos taken to use on a vacation home rental website, you may be able to reuse those for your sales listing. Just make sure they are still up-to-date.
Large holiday homes that feature a stunning view, or a large amount of land, may be showcased more effectively through aerial photography. You might want to hire a photographer who uses drones to capture images that will make your property stand out from the other homes in the area.
Avoiding these five home selling mistakes can keep you from missing out on getting buyers to pay what your home is worth.
Team Donovan specializes in helping real estate investors buy and sell vacation homes in the theme park area of Orlando that increase in value over time. We can help you prepare your home for the selling process so that you can get the most out of your investment. If you’d like to learn more, contact us today at 407.705.2616 and schedule your free consultation.