Setting Your Costa Mesa Home’s Price—Why More Can Be Less!

house_price_increase

Weichman Realtors knows that a major home-selling decision arrives right at the start: setting your Costa Mesa home’s price. It’s a step that can be decisive for good or for ill.

But what is the “right” price? We know what it probably isn’t—it’s not the first number that pops into your head, nor is it likely to be The-Price-of-Your-Next-House-Plus-the Cost-of-a-Family-Vacation-in-Tahiti-Plus-the-New-Sportscar-You’ve-Always-Wanted-to-Own. It’s also not a price that will ‘test the market’ (to make sure there hasn’t been an upward spike in demand since the last comparable neighborhood home sold).

Setting a home’s price in the right ballpark can be easier than many people assume. You can get there by a number of different routes, most of them tied to recent neighborhood history:

BUYER APPEAL
Setting a home’s price doesn’t take place in a vacuum: first come the buyers you need to attract. If your property is priced significantly above the market, your ‘market test’ will tell you that only uninformed prospects—or no prospects—are interested in pursuing your offer. An out-of-whack asking price can also be taken as evidence that the seller (you) aren’t really interested in making a deal happen, which will make professionals less likely to present it to qualified buyers.

AIDING THE COMPETITION
By setting your home’s price significantly above the competition, you do everyone else in the neighborhood a terrific marketing favor. Even prospective buyers who appreciate your home’s innate qualities may be unable to resist what suddenly looks like a real bargain-basement buy just down the street!

APPRAISAL REALITY CHECK.
Even if you do interest a willing buyer, unless he or she belongs to Warren Buffett’s country club, a likely next step will involve a mortgage lender’s appraisal. Setting a home’s price above any neighborhood comparable can mean an appraisal that comes in below the agreed-upon purchase price. Even if that doesn’t kill the sale through a loan denial, the buyer is likely to be penalized through a higher down payment or interest rate— either of which can play taps for your sale.

IT’S ONLY MONEY
Another (and perhaps the most persuasive) reason to right-price your home is monetary. History shows that overpricing generally yields proceeds that are significantly below those set more aggressively right from the start. It’s human nature: successive price reductions look like desperation—which invites low-ball offers.

If you are actively debating how to make the best of this spring’s Costa Mesa selling season, give Weichman Realtors a call. Together we can map out a strategy that works!

The post Setting Your Costa Mesa Home’s Price—Why More Can Be Less! appeared first on Life in Costa Mesa.

Setting Your Costa Mesa Home’s Price—Why More Can Be Less!

house_price_increase

Weichman Realtors knows that a major home-selling decision arrives right at the start: setting your Costa Mesa home’s price. It’s a step that can be decisive for good or for ill.

But what is the “right” price? We know what it probably isn’t—it’s not the first number that pops into your head, nor is it likely to be The-Price-of-Your-Next-House-Plus-the Cost-of-a-Family-Vacation-in-Tahiti-Plus-the-New-Sportscar-You’ve-Always-Wanted-to-Own. It’s also not a price that will ‘test the market’ (to make sure there hasn’t been an upward spike in demand since the last comparable neighborhood home sold).

Setting a home’s price in the right ballpark can be easier than many people assume. You can get there by a number of different routes, most of them tied to recent neighborhood history:

BUYER APPEAL
Setting a home’s price doesn’t take place in a vacuum: first come the buyers you need to attract. If your property is priced significantly above the market, your ‘market test’ will tell you that only uninformed prospects—or no prospects—are interested in pursuing your offer. An out-of-whack asking price can also be taken as evidence that the seller (you) aren’t really interested in making a deal happen, which will make professionals less likely to present it to qualified buyers.

AIDING THE COMPETITION
By setting your home’s price significantly above the competition, you do everyone else in the neighborhood a terrific marketing favor. Even prospective buyers who appreciate your home’s innate qualities may be unable to resist what suddenly looks like a real bargain-basement buy just down the street!

APPRAISAL REALITY CHECK.
Even if you do interest a willing buyer, unless he or she belongs to Warren Buffett’s country club, a likely next step will involve a mortgage lender’s appraisal. Setting a home’s price above any neighborhood comparable can mean an appraisal that comes in below the agreed-upon purchase price. Even if that doesn’t kill the sale through a loan denial, the buyer is likely to be penalized through a higher down payment or interest rate— either of which can play taps for your sale.

IT’S ONLY MONEY
Another (and perhaps the most persuasive) reason to right-price your home is monetary. History shows that overpricing generally yields proceeds that are significantly below those set more aggressively right from the start. It’s human nature: successive price reductions look like desperation—which invites low-ball offers.

If you are actively debating how to make the best of this spring’s Costa Mesa selling season, give Weichman Realtors a call. Together we can map out a strategy that works!

The post Setting Your Costa Mesa Home’s Price—Why More Can Be Less! appeared first on Life in Costa Mesa.

WordPress 3.9 “Smith”

Version 3.9 of WordPress, named “Smith” in honor of jazz organist Jimmy Smith, is available for download or update in your WordPress dashboard. This release features a number of refinements that we hope you’ll love.

A smoother media editing experience

editor

Improved visual editing

The updated visual editor has improved speed, accessibility, and mobile support. You can paste into the visual editor from your word processor without wasting time to clean up messy styling. (Yeah, we’re talking about you, Microsoft Word.)

image

Edit images easily

With quicker access to crop and rotation tools, it’s now much easier to edit your images while editing posts. You can also scale images directly in the editor to find just the right fit.

dragdrop

Drag and drop your images

Uploading your images is easier than ever. Just grab them from your desktop and drop them in the editor.


Gallery previews

gallery

Galleries display a beautiful grid of images right in the editor, just like they do in your published post.


Do more with audio and video

Ain't Misbehavin' Davenport Blues Buddy Bolden's Blues Squaty Roo Dixie Blues Wolverine Blues

Images have galleries; now we’ve added simple audio and video playlists, so you can showcase your music and clips.


Live widget and header previews

Add, edit, and rearrange your site’s widgets right in the theme customizer. No “save and surprise” — preview your changes live and only save them when you’re ready.

The improved header image tool also lets you upload, crop, and manage headers while customizing your theme.


Stunning new theme browser

theme
Looking for a new theme should be easy and fun. Lose yourself in the boundless supply of free WordPress.org themes with the beautiful new theme browser.


The Crew

This release was led by Andrew Nacin and Mike Schroder, with the help of these fine individuals. There are 267 contributors with props in this release, a new high:

Aaron D. Campbell, Aaron Jorbin, Adam Harley, Adam Silverstein, adelval, Ajay, Akeda Bagus, Alex Concha, Alison Barrett, Allan Collins, Amy Hendrix (sabreuse), Andrea Fercia, Andrew Nacin, Andrew Norcross, Andrew Ozz, Andrey "Rarst" Savchenko, Andy Keith, Andy Skelton, Anton Timmermans, Aubrey Portwood, Barry, Bartosz Romanowski, bassgang, bcworkz, Ben Dunkle, Bernhard Riedl, bigdawggi, Bob Gregor, bobbingwide, Brad Touesnard, bradparbs, bramd, Brandon Kraft, brasofilo, bravokeyl, Bryan Petty, cgaffga, Chirag Swadia, Chouby, Chris Blower, Chris Olbekson, Chris Scott, chriseverson, chrisguitarguy, Christopher Finke, ciantic, cmmarslender, Comparativa de Bancos, Connor Jennings, Cor van Noorloos, Corphi, cramdesign, Daniel Bachhuber, Daniel Jalkut (Red Sweater), Danny de Haan, Daryl Koopersmith, Dave Kellam (eightface), DaveE, David A. Kennedy, David Anderson, David Marichal, Denis de Bernardy, Dion Hulse, Dominik Schilling, Doug Wollison, Drew Jaynes, DrProtocols, Dustin Filippini, eatingrules, edik, Elio Rivero, enej, Eric Andrew Lewis, Eric Mann, Erica Varlese, Erick Hitter, Evan Anderson, Fahmi, fboender, Frank Klein, Gary Cao, Gary Jones, Gary Pendergast, genkisan, Gennady Kovshenin, George Stephanis, Graham Armfield, Grant Mangham, Gregory Cornelius, Gregory Karpinsky, hakre, hanni, Helen Hou-Sandí, ippetkov, Ipstenu (Mika Epstein), J.D. Grimes, Jack Reichert, jameslee, Janneke Van Dorpe, janrenn, JayCC, Jeff Sebring, Jen Mylo, Jeremy Felt, Jesin A, Jesper Johansen (jayjdk), jnielsendotnet, Joan Artes, Joe Dolson, Joe Hoyle, John Blackbourn, John James Jacoby, John P. Bloch, John Regan, Jon Cave, Jonas Bolinder (jond3r), Joost de Valk, Josh Pollock, Joshua Abenazer, jstraitiff, Julio Potier, Justin Kopepasah, Justin Sainton, K.Adam White, Kailey (trepmal), Kaspars, Kelly Dwan, kerikae, Kevin Worthington, Kim Parsell, Kirk Wight, kitchin, klihelp, Knut Sparhell, Konstantin Kovshenin, Konstantin Obenland, Krzysiek Drozdz, Lance Willett, Lee Willis, lkwdwrd, lpointet, Luc De Brouwer, Lucas Karpiuk, Mark Barnes, Mark Jaquith, Marko Heijnen, Marventus, Matt (Thomas) Miklic, Matt Banks, Matt Mullenweg, Matthew Boynes, Matthew Denton, Matthew Haines-Young, mattonomics, mattyrob, Matías Ventura, Max Cutler, mcadwell, Mel Choyce, meloniq, Michael Arestad, Michel - xiligroup dev, Miguel Fonseca, Mike Burns, Mike Hansen, Mike Manger, Mike Schinkel, Mike Schroder, mikecorkum, mitcho (Michael Yoshitaka Erlewine), Mohammad Jangda, Morgan Estes, Morten Rand-Hendriksen, Naoko Takano, Nashwan Doaqan, nendeb55, Nick Halsey, Nicole Arnold, Nikhil Vimal (NikV), nivijah, nofearinc, Nuno Morgadinho, olivM, Omer Korner, OriginalEXE, oso96_2000, patricknami, Paul Gibbs, Paul Wilde, pavelevap, Pbearne, Peter Westwood, Philip Arthur Moore, Pippin Williamson, Prasath Nadarajah, prettyboymp, Raam Dev, rachelbaker, Ram Ratan Maurya, ramonchiara, Rescuework Support, Rhys Wynne, Ricardo Correia, Richard Sweeney, Richard Tape, richard2222, Ricky Lee Whittemore, Robert Chapin, robmiller, Rodrigo Primo, romaimperator, roothorick, ruud@joyo, Ryan Boren, Ryan McCue, salcode, Samuel Wood (Otto), Sandeep, Scott Lee, Scott Reilly, Scott Taylor, ScreenfeedFr, scribu, sdasse, Sean Butze, Sean Hayes, Sean Nessworthy, Sergey Biryukov, shahpranaf, Shaun Andrews, ShinichiN, Simon Prosser, Simon Wheatley, Siobhan, Siobhan Bamber (siobhyb), sirzooro, solarissmoke, sonjanyc, Spencer Finnell, Spencer Piontkowski, stephcook22, Stephen Edgar, Stephen Harris, Steve Bruner, Steven Word, Takayuki Miyauchi, Tanner Moushey, Taylor Lovett, tbrams, tellyworth, TobiasBg, Tom Auger, Tom Willmot, Topher, topquarky, Torsten Landsiedel, Toru, Travis Smith, Umesh Kumar, undergroundnetwork, VarunAgw, wawco, Weston Ruter, wokamoto, xsonic, Yoav Farhi, Yuri Victor, Zach Tirrell, and Ze Fontainhas. Also thanks to Michael Pick for producing the release video.

If you want to follow along or help out, check out Make WordPress and our core development blog. Thanks for choosing WordPress. See you soon for version 4.0!

Check out our newest Orange County, CA listing!

Irvine- 2 bedroom unit with den has been upgraded – $659,900.00
Main Photo
Bedrooms: 2
Bathrooms: 2
Parking Spaces: 2
Year Built: 1985
Subdivision: Northwoods
Garage Size: 2
School District: Irvine Unified
Square Footage: 1,385
Agent Name: Kurt Galitski
Broker: Weichman Realtors
MLS #: PW14071879
Plus a Den or Office: Yes on first floor
Year Last Remodeled: 2014
Price: $659,900.00
Flexibility: Negotiable
Additional Pricing Information: Call Today the home is vacant
25 Varesa
Irvine, CA 92620
  • Range/Oven
  • Sink Disposal
  • Microwave
  • Air Conditioning
  • Fireplace
  • Vaulted Ceilings
  • Patio
  • Fenced Yard
  • Grass Lawn
  • Secluded setting
  • Community Pool and Spa
Gorgeous, remodeled, detached home in Northwood Vista Filare Community. This 2 bedroom unit with den or possible 3rd bedroom has been upgraded extensively and is completely turnkey from the kitchen to the flooring! Association amenities include community pool/park/playground, sports parks, bike paths and jogging trails! Located conveniently next to shopping and has easy access to the public library, transit and commute systems. Low HOA due and low tax rate!
Kurt Galitski
877-957-6677

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 277835012
All information in this site is deemed reliable but is not guaranteed and is subject to change

The post Check out our newest Orange County, CA listing! appeared first on Life in Costa Mesa.

Top 5 Reasons homes were bought in 2013

Kurt Real Estate

Share Button

Kurt Galitski

THE KURT REAL ESTATE GROUP If you're the kind of person who is looking for a real estate team that is passionate about helping you achieve your real estate goals, you've found a home at The Kurt Real Estate Group. Kurt has achieved 5 Star status in Orange Coast Magazine 4 years in a row because he gets the job done ethically, honestly and with unparalleled professionalism. From representing Sellers, Buyers and Investors, while also being connected to Hollywood's Film Industry, Kurt is always in tune with the latest trends and opportunities that are unknown to other agents. That's why The Kurt Real Estate Group is consistently recognized as one of the top real estate teams in Orange County. Passion - Knowledge - Results The Kurt Real Estate Team Delivers- Call Them Today 877-967-6677

More Posts - Website

Follow Me:
TwitterFacebookLinkedInGoogle PlusYouTubeYelp