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Top Davie REALTORS
® will tell you that selling luxury homes is a bit different than selling mid-range homes. The homes are larger, the prices are higher and the number of potential buyers is smaller. Make sure your luxury home sells in the shortest possible time at the right market value price using the tips below.
Selling a luxury home takes time, so plan on being patient. Not only are there fewer buyers in the luxury range, but the buyers are often more particular. When a Davie homebuyer is making the kind of investment required to buy a luxury home, they are more likely to wait until they find the perfect one.
Luxury homes are all about lifestyle; it’s not a matter of whether there are one or two bathrooms. Luxury homebuyers are looking for the location and amenities that fit their lifestyle. Therefore, start your marketing by thinking about the type of buyer who would love your home.
Certainly, your perfect buyer needs to have the financial resources to purchase your home. After that, however, what’s different about your home that would attract a specific type of buyer?
Do you have a large theater room that would attract someone who loves movies or who has children that do? Are you in an outlying neighborhood where you can walk to fine restaurants and shopping? Perhaps your home will attract those who want to live in a walkable neighborhood without being in an urban setting.
Once you’ve identified the type of buyer you’re looking for, your marketing campaign can focus on highlighting the features of your home that will be most in demand and set you apart from your competition.
You may think that your home is perfect, but the odds are you still need to do some things to make your home show at its best. You want buyers to walk through your home and imagine themselves living there. If you have wallpaper that you love, but might be considered too colorful for many people’s taste, replace it with neutral paint. If you have photos of five generations of your family in a collage in the family room, replace them with family-neutral wall decorations.
Sometimes, it’s difficult for homeowners to make the kind of changes that will bring them top dollar. Just keep remembering that you won’t be living in the home. It doesn’t matter if it looks a bit too sterile for your taste.
Luxury home marketing is usually very targeted. Mass marketing tools such as open houses may not be the approach you want to take for a number of reasons.
Before you jump into holding open houses, decide what your objective is and determine how effective the open house will be at helping you meet it.
As with all homes, setting the right sales price when your home first hits the market is crucial. Some people think you should set your price high at the beginning because they don’t want to leave any money on the table, and because they know they can always reduce the price over time.
The truth is that homes that are overpriced at the beginning usually sell below market value. Obtain a home valuation from a respected Davie REALTOR®. Armed with that information, you can set your sales price at a fair market value and realize a higher profit on the sale.
Marketing a luxury home requires attention to detail. For example, hire a professional to take the photographs of the home, and have videos produced professionally.
Internet marketing is an important part of selling real estate. In addition to listing your home on the MLS, it should be visible on social media sites and websites that specialize in showing homes for sale.
Networking is another critical part of a marketing plan, especially for a luxury home. Since there is a smaller pool of potential homebuyers, the odds are that Davie REALTORS® know people who are looking in the luxury range, or they know other REALTORS® who do. Don’t underestimate the Davie area’s “hidden real estate market.”
Selling a luxury home in Davie can be a very rewarding experience, especially when you have a top Davie REALTOR® working with you. Choose a REALTOR® who knows the luxury market, someone who is good at setting a fair market price the first time. It’s also helpful if the agent is well known and has a large network they can access to promote your home.
If you’re thinking of selling in Davie or any of the surrounding areas, consider the experts on Teri’s Real Estate Team for personal, professional and effective assistance. Contact us at 954-242-8030 or online.
The end of February has been an important time in Davie for 80 years. The Orange Blossom Festival is often consider the star of the festivals that are held each year in South Florida. This year’s celebration will build on that reputation.
The Festival is a celebration of the rich heritage of Davie and Broward County. Florida’s governor, Napoleon Broward, convinced the legislature to drain some of the Everglades in the early 1900s. Settlers flocked to the area to take advantage of the fertile soil, and established homesteads where they grew vegetables, raised cattle and planted orange groves.
There aren’t as many orange groves today as there were when the land was first settled, but the celebration continues. In fact, the festival has come a long way. In 1937, local farmers set up a picnic area with fruit stands, and invited all their neighbors to join them in honoring a bountiful harvest. A rodeo was added to the festival in the 1940s in recognition of the growth in cattle ranches.
Davie continues to honor its historic roots by organizing a weekend of free fun that attracts kids of all ages from far and near. Mark your calendars for the last weekend in February, starting on Friday, the 24th.
The Golf Classic is held in honor of James B. Pirtle, Sr. who founded the Pirtle Construction Company. He was committed to giving back to his community and supported a variety of local charities. He and his company also built approximately 100 schools in Broward County.
The Golf Classic kicks-off the Festival on Friday, February 24, 2017. Players of all skill levels and handicaps are invited to participate to compete for prizes and trophies in a 4-player scramble format.
The Old Davie School Historical Museum on Griffin Road will host a classic rock concert starting at 6 p.m. on Friday, February 24th. Bring a chair or blanket to enjoy an evening that offers music, arts and crafts, a petting zoo and more.
The Festival will be located on Orange Drive, and the portion of the road devoted to the Festival will be closed off for the two days. There’s a long list of attractions, some of which include over 250 displays, concerts, a Native American display, “Cowboy Town,” and a place with games and activities for the kids.
The arts and crafts show and fine art show are always great places to find unique gifts for birthdays or even Christmas, if you can plan that far ahead! The Davie Pro Rodeo has won numerous awards and it’s an opportunity to see rodeo professionals at work. The rodeos are scheduled on Saturday and Sunday, and there is an entrance fee.
Local residents and groups are invited to participate in the parade in a number of categories. Awards will be presented at the end of the parade for floats, performances, marching (musical and non-musical), animal and more. If you want to do your own judging, be sure to arrive at the parade route before the 10 a.m. start time!
For additional information on Festival activities, visit the Davie, Florida website.
Davie, Florida is a wonderful place to live and raise a family. Whether you’re just starting to look at Davie homes for sale, or you’re planning to sell your Davie home to move up or scale down, make sure you work with a top Davie REALTOR®. Contact us at 954-242-8030 or online.
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