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Mr Palm Bay Realty

Questions to Consider Before You Sell a Luxury Residence in Florida

by Marty Piatkowski 08/20/2018

Planning to list your Florida luxury house? Before you add your luxury residence to the Sunshine State housing market, there are many questions to consider, including:

1. Why do I need to sell my home?

Think about why you're selling your Florida luxury residence in the first place – you'll be glad you did. If you consider the reasons for selling your house, you can map out a successful home selling journey.

For example, if you're selling a Tampa luxury home so that you can move closer to Disney World, you may want to start checking out luxury residences in Orlando while you sell your current home. This will ensure you have a plan in place to accomplish your luxury home selling – and homebuying – goals.

On the other hand, if you intend to sell your West Palm Beach luxury house in the hopes of turning a massive profit, you'll need to prep your residence accordingly.

In the aforementioned scenario, you may need to perform assorted home interior and exterior upgrades to help your luxury residence stand out from the competition. You also may want to consider where you'll live once you sell your house, as you may have only a short amount of time to figure out your future living situation.

2. How much is my home worth?

Certain areas of Florida feature higher home prices than others; for instance, a luxury home in Key Biscayne may be worth more than a luxury residence in Palm Bay. Thus, you'll want to understand how much your home is worth before you list it. If you gather plenty of housing market data prior to selling your luxury residence, you can establish a competitive price for your home.

When it comes to evaluating a Florida luxury house's value, it often pays to hire a professional appraiser. If you collaborate with an expert appraiser, you can gain deep insights into your house's strengths and weaknesses.

Typically, a home appraiser will examine your luxury house's interior and exterior. He or she will evaluate housing market patterns and trends as well. After performing a comprehensive assessment, this appraiser then will provide you with a report that details his or her findings.

Take a close look at an appraiser's report. By doing so, a Florida luxury home seller can understand the current value of his or her residence and price it appropriately.

3. Do I need to hire a real estate agent?

If you intend to sell your Florida luxury house, you definitely don't want to leave anything to chance. As such, you should hire a real estate agent before you embark on your home selling journey.

A Sunshine State real estate agent understands what it takes to sell a Florida luxury house. He or she will set up property showings, negotiate with a buyer's agent on your behalf and much more. Therefore, a Florida real estate agent will make it easy for you to maximize your earnings.

Take the guesswork out of listing your Florida luxury residence – consider the aforementioned questions, and you can avoid potential pitfalls during the home selling cycle.

About the Author

Marty Piatkowski

At Mr Palm bay Realty we are representing real estate needs in Palm Bay and the surrounding areas. We are "More Than Just Houses"! Every person who buys or sells real estate has a unique set of needs, desires, and personal things happening in their lives - we recognize these issues, and are interested, and compassionate to work with you in these matters. We treat people by following the Golden Rule. 

Sellers in the Palm Bay area have enough to worry about in readying their home for market and planning their move to a new home. We take over a huge number of tasks and details to make sure that your real estate property is properly evaluated, priced, marketed, negotiated and carried to closing. There are so many things to do to move to a successful sale, and we are here to advise, assist, and assure success!

Making the American Dream come true for buyers... We're not just experienced real estate professionals in the Palm Bay area real estate market, we're home buyers too. It takes more than a trained real estate agent to understand the needs and concerns of buyer clients. It takes someone who has been there, someone who has the same concerns when they’re home shopping.

We don’t want to minimize the technical aspects of the home buying process though. Every year it becomes more complex. Between government legislation, environmental laws, mortgage documentation requirements and the legal aspects of a home purchase, the home buyer must be on top of all aspects of the process, or be helped by a professional. Your Mr Palm Bay Realty professionals are here to assist buyers in the Palm Bay area real estate markets, and we're really good at our job!