The 7 Dangers of Overpricing Your Long Beach Homes and Condos

The 7 Dangers of Overpricing Your Long Beach Homes and Condos

Overpricing Your Long Beach Homes and Condos, is not a good idea.  Thinking that raising the price to leave wiggle room for negotiation is the first trap to avoid.  That game is old and played out, buyers aren't interested in playing.  They want to offer you less than asking price and they want asking price to be at or below market.  They want "a deal" and if they don't get it, they aren't going to buy. 

 

Here is a little sneak preview of what you will be up against if you decide to test the waters and list your home or condo above market value. 

 

7 Dangers of Overpricing Your Long Beach Homes


1) MINIMIZES OFFERS   


Don't overprice your Long Beach HomesOverpriced properties discourage prospective buyers from making offers since the difference between the listed price and market price often negates reasonable negotiation.  A more realistic price is much more likely to receive a realistic offer. 



2) LESS SHOWINGS

 

Overpriced listings get less showings.  Agents often will not show overpriced listings and lose interest in overpriced properties that sit on the market for any extended length of time without drastic price reductions.  With so much inventory on the market it is in the buyers best interest for the agent to show homes within the buyers price range; agents also do not want to lose credibility with their buyers.  Agents do not spend as much time showing these homes and condos as they might if they had been priced right at the beginning. 

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Posted on March 03, 2008 09:35:19 by Laurie.Manny
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Relocating to Long Beach California-Resource Guide

Relocating to Long Beach-Resource Guide-Long Beach Relocation Guide



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Relocating to Long Beach California?


If you are relocating to Long Beach California you will need lots of information. You will be curious to know about Long Beach communities, neighborhoods and resources. We have tried to include as many area resources as possible here to make your transition a smooth one.

Long Beach California has become a destination resort area. This sleepy seaside city, known as Iowa by the sea, has blossomed into a fabulous beach resort area. Luxury high rise condos are sprouting all along the coastline, in Downtown Long Beach and Alamitos Beach. These elegant and prestigious coastal properties provide sweeping ocean views down the beautiful California coastline, views of Catalina Island - 25 miles off of our coastline and delicious, clean ocean breezes wafting in daily. The sound of gently lapping waves can be heard from your 17th floor Hi Rise condo on the sand.




Here are some local resources to help make your transition a pleasant one:

Local Area and Neighborhood Information:




Long Beach Homes and Condos For Sale
(Direct feeds from the Southern California MLS)


Search the Entire SoCalMLS Free












Long Beach Income Properties For Sale





California Megans Law

California Department of Justice

Schools & Libraries



Utilities


Licenses

  • Business Licenses - Long Beach Business Development Center -(562) 570-3800
  • Drivers License - (562) 973-3621
  • Marriage License - (562) 462-2137
  • Animal Licensing or Tags -Long Beach Animal Control Center (562) 570-7387

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Posted on February 01, 2008 01:22:41 by Laurie.Manny
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THE MILLS ACT

The Mills Act - Historic Home Tax Incentives - Saving money with The Mills Act

HISTORIC HOME TAX INCENTIVES - The Mills Act

 

Saving Money with the Mills Act

Are you concerned about how youll afford to maintain your Historic Long Beach CA Real EstateThe Mills Act makes preservation easy!  This 10 year ˜endlessly renewable contract with the city provides tax incentives to owners of Long Beach Historic Properties.

 

The Mills Act

Since 1972, The Mills Act has provided deep tax discounts to owners of historic Long Beach CA Real Estate.  This legally binding 10 year ˜endlessly renewable contract helps homeowners afford maintenance and restoration of historically and architecturally significant properties.

 

 

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Posted on January 26, 2008 14:44:13 by Laurie.Manny
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Long Beach City Guide

Long Beach City Guide

LONG BEACH REAL ESTATE

Long Beach City Guide


Long Beach City Guide


Helpful Links to Just About Everything

Billing & Payment Services
View and pay Utility Bills and Parking Citations, including additional information on Resident Payments.

Billing & Payment Services
View and pay Utility Bills and Parking Citations, including additional information on Resident Payments.



Ambulance Billing



Boat and Vehicle Registration and Renewal



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Posted on January 24, 2008 21:06:26 by Mary.McKnight
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Long Beach Real Estate-Insights about Valuation and Social Psychology-The Appraisal Process

Long Beach Real Estate-Insights about Valuation and Social Psychology-The Appraisal Process

Insights into the Appraisal Process

Realizing that the appraisal process is a complete enigma to most sellers and buyers of Long Beach Homes and Condos, we asked top appraiser, Michael Tarabotto to write an article for the Long Beach Homeowners describing the appraisal process.  Michael has exceeded our expectations.  

 

By Michael S. Tarabotto

California Appraisal Solutions Corporation
California State
Certified Residential Appraiser

 

To most people, real estate appraisal is a rather obscure field. Thats because appraisal is mostly a business-to-business profession where clients of appraisers are usually banks, attorneys or other professional organizations - rarely homeowners. I was invited by Laurie to connect with thousands of her loyal visitors to shed light into the world of appraisers, breakdown common misconceptions revolving this illusive industry and share my personal insights about the Long Beach real estate market. Through a series of exclusive articles here on LBREH, Ill attempt to do so in plain language.

 

To start, real estate appraisers occupy paradoxical strata in the real estate food chain. That is, were the least paid of all facilitators in a finance transaction, yet were the independent enablers that enrich the lives of the star players (agents, brokers, buyers, sellers). When framed this way, it appears that being the noble body of honesty and integrity totally blows. But it doesnt, its truly a great profession and highly lucrative once you understand it.

 

So lets take it one step at a time.

 

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Posted on November 18, 2007 02:48:17 by Mary.MCKNIGHT
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To begin your search for the perfect home or to sell your home in the Long Beach area, begin your journey by calling Laurie Manny at (562) 212-5420.