A fast sale in the real estate business is considered to be less than five weeks. New Orleans real estate is no different from another city in spite of Hurricane Katrina. You may not get the amount you want for it if the house sits on the market longer than that. You may want to consider reducing the price.

Even if you aren’t in a terrible rush to sell and move, you get the best chances early in the listing time. Many adjustments can be made to the house to entice prospective buyers. A Realtor can advise you on what they are. Some are getting listed in the Multiple Listing Service for maximum exposure. The professional Realtor can help you navigate through the many minor details required before you receive a check for the sale of the house.

Good tips include putting the right price on the property. If you price it way too high, it scares off the home buyers and they may not even tour the home. Check prices in the neighborhood and figure your price from there. Similar sized homes in that area that have sold recently are your best indicator.

Before you put your home on the market, take a little time to stage it. There are professionals who make a living providing this service. They will come in for a fee, and tell you the paint colors to use, how to move the furniture around and what features are missing that you can add or compensate for.

Depending on the speed of the real estate market in New Orleans, you may want to entice a prospective buyer with an added bonus. You might offer to pay all the closing costs. This is minimal compared to the cost of the home. It is cheaper than paying an extra month’s property taxes. Some owners off a redecorating allowance, or include all window coverings and kitchen appliances.

The situation after Hurricane Katrina might make it hard to gauge home prices when buying New Orleans real estate. Records were swallowed up in the terrible storm. Perhaps you can do a little research by reading newspapers at the library. This seems the logical first place to look for any missing records that may have been salvaged after Katrina. The information will help you decide on your own price.

New Orleans real estate continues to be a good buy, even in today’s depressed housing market. If you want more information about buying or selling a home in the Big Easy, visit the website at http://www.parkwayrealty.com today.+

This entry was posted on Saturday, September 4th, 2010 at 2:56 am and is filed under Finance.