Newport Beach Homes – Harbor Realty

One of the most confusing aspects of selling a property in the Newport Beach area is dealing with offers and counter offers and then finally accepting a successful offer. If you use a Newport Beach Realtor to help you with your property sale much of the headache involved will be removed. However, you will still need to react to offers.

When a potential purchaser makes an offer on your Newport Beach home for sale, do not consider it set in stone. Most offers are made on the low side, and some debate is always expected. When you do receive an offer, consider how the offer was made; is it making fair comment over the valuation? Is it so low, that even after negotiation will still see you selling below your asking price? Consider whether you are in a buyers or sellers market as well.

If you feel there is room for negotiation, you will make a counter offer. This could simply be a request to raise the value of the offer, or it could include some more complicated issues such as pledging to repair something that has been found faulty, or even offering to share some of the costs of purchase with the buyer if the offer is increased.

Once you have received an offer you feel you can accept, and then simply let your buyer know, usually via your agent, that you are willing to go ahead with the sale. Again, if you are using the services of a Realtor at Harbor Realty, we will handle the subsequent paper work for you, alleviating much of the stress involved with the pre-sale process.

Sometimes it can be very hard to set the price of your home when you decide to put it up for sale. This can be especially true when you have lived in the same hose for many years, we tend to attribute monetary value to our sentimental value and value our property incorrectly.

If you are thinking of selling a home in the Newport Beach area, you should consider taking advantage of the resources available at Harbor Realty. We have whole range of information and tools which can help you come up with a proper valuation for your property.

Ask for a Competitive Market Analysis (CMA). In simple terms, this is a professionally produced report that will analyze property sales and purchases in your area, which can be used to deduce a true valuation for your property based on recent market statistics. Harbor Realty, or one of our Newport Beach Realtors, would be able to arrange one of these for you, and it could stop you from undervaluing your Orange County property or setting the price too high; two mistakes that will cost you either way.

You may also like to check out any planned improvements to your local neighborhood. If these are due for completion before you expect to sell your property, then they too could positively affect the value of the house you are trying to sell.

Our best advice is to utilize the services of a professional Newport Beach Realtor to help you gauge the true value of your Orange County home before you place it on the market.