ience in the real estate profession. With the existence of an ensemble of agents in the South Florida housing market, the wisest decision sellers can take is to hire seasoned agents within the area, i.e., those who are well-experienced in marketing homes in taxing market conditions. Experienced agents have the advantage of drawing on their widely connected network of contacts, enabling them to bring as much exposureSelling a home in today’s South Florida housing market is no simple undertaking. Since last summer of 2006, the list of homes for sale has grown two-fold in Palm Beach County and three-fold in Broward. As a consequence, many home owners are shifting their focus to gimmicks, perks, and well-connected real estate brokers for much needed help in selling their homes. While these alternative approaches might turn out to be successful, real estate experts believe that in due course, the most effective formula is offering a well-maintained home at a reasonable price.

Due to the surplus of inventory, sellers must be realistic when it comes to pricing their homes. Indeed, pricing is everything in a South Florida housing market that is facing a transition towards a buyers market. Real estate agents generally agree that in today’s market conditions, a helpful rule of thumb to determine if homes are priced correctly is to examine if the list price comes in between 1% to 3% above the prevailing market value.

For sellers to ensure that their homes are not listed for some absurd price, picking the right South Florida realtor is imperative. Prospective buyers are getting savvy due to the increasing number of options that they are presented with, and thus they don’t want to get ripped off by improper pricing.

The five-year boom that took place in the South Florida housing market within the period 2000-2005 engrossed thousands of aspiring real estate agents nationwide. Many of them acquired real estate licenses, carrying hopes of cashing in with rapid sales and hefty commissions, despite the fact that they possess little or no experience in the real estate profession. With the existence of an ensemble of agents in the South Florida housing market, the wisest decision sellers can take is to hire seasoned agents within the area, i.e., those who are well-experienced in marketing homes in taxing market conditions. Experienced agents have the advantage of drawing on their widely connected network of contacts, enabling them to bring as much exposure

ht turn out to be successful, real estate experts believe that in due course, the most effective formula is offering a well-maintained home at a reasonable price.

Due to the surplus of inventory, sellers must be realistic when it comes to pricing their homes. Indeed, pricing is everything in a South Florida housing market that is facing a transition towards a buyers market. Real estate agents generally agree that in today’s market conditions, a helpful rule of thumb to determine if homes are priced correctly is to examine if the list price comes in between 1% to 3% above the prevailing market value.

For sellers to ensure that their homes are not listed for some absurd price, picking the right South Florida realtor is imperative. Prospective buyers are getting savvy due to the increasing number of options that they are presented with, and thus they don’t want to get ripped off by improper pricing.

The five-year boom that took place in the South Florida housing market within the period 2000-2005 engrossed thousands of aspiring real estate agents nationwide. Many of them acquired real estate licenses, carrying hopes of cashing in with rapid sales and hefty commissions, despite the fact that they possess little or no experience in the real estate profession. With the existence of an ensemble of agents in the South Florida housing market, the wisest decision sellers can take is to hire seasoned agents within the area, i.e., those who are well-experienced in marketing homes in taxing market conditions. Experienced agents have the advantage of drawing on their widely connected network of contacts, enabling them to bring as much exposure

hat in today’s market conditions, a helpful rule of thumb to determine if homes are priced correctly is to examine if the list price comes in between 1% to 3% above the prevailing market value.

For sellers to ensure that their homes are not listed for some absurd price, picking the right South Florida realtor is imperative. Prospective buyers are getting savvy due to the increasing number of options that they are presented with, and thus they don’t want to get ripped off by improper pricing.

The five-year boom that took place in the South Florida housing market within the period 2000-2005 engrossed thousands of aspiring real estate agents nationwide. Many of them acquired real estate licenses, carrying hopes of cashing in with rapid sales and hefty commissions, despite the fact that they possess little or no experience in the real estate profession. With the existence of an ensemble of agents in the South Florida housing market, the wisest decision sellers can take is to hire seasoned agents within the area, i.e., those who are well-experienced in marketing homes in taxing market conditions. Experienced agents have the advantage of drawing on their widely connected network of contacts, enabling them to bring as much exposure

are presented with, and thus they don’t want to get ripped off by improper pricing.

The five-year boom that took place in the South Florida housing market within the period 2000-2005 engrossed thousands of aspiring real estate agents nationwide. Many of them acquired real estate licenses, carrying hopes of cashing in with rapid sales and hefty commissions, despite the fact that they possess little or no experience in the real estate profession. With the existence of an ensemble of agents in the South Florida housing market, the wisest decision sellers can take is to hire seasoned agents within the area, i.e., those who are well-experienced in marketing homes in taxing market conditions. Experienced agents have the advantage of drawing on their widely connected network of contacts, enabling them to bring as much exposure

ience in the real estate profession. With the existence of an ensemble of agents in the South Florida housing market, the wisest decision sellers can take is to hire seasoned agents within the area, i.e., those who are well-experienced in marketing homes in taxing market conditions. Experienced agents have the advantage of drawing on their widely connected network of contacts, enabling them to bring as much exposure to homes for sale as possible.

According to the Florida Association of Realtors, year-over-year existing single-family home sales dropped in June by 34% in Broward County and by 39% in Palm Beach County. The general opinion from real estate experts link the transition of the South Florida real estate market from a sellers market to a buyers market with the occurrence of Hurricane Wilma that ravaged South Florida in October 2005.

In a buyer's market such as South Florida housing market, home sellers must think out of the box in order to seize people's attention. Some real estate agents recommend sellers to start advertising in international journals and magazines, rather than just in local multiple listing services, because a large number of prospective buyers are foreigners from abroad.

Another crucial tip that sellers might do is staging homes to create great first impressions to prospective buyers. Among the things that this tip suggests is minimizing clutter in kitchens and closets, getting rid of unpleasant odors, packaging unnecessary things for proper storage, cleaning up the house in general, mowing the lawn and providing landscaping, and many other ideas that can be thought of while putting oneself in a buyer’s perspective.

With Florida mortgage loans and home prices rising a significant percentage from last year, these out-of-the-box ideas would definitely be worth the added effort.