5 Myths about pricing a house to sell

5 Myths about pricing a house to sell

Nick & Cindy Davis would like to discuss pricing you home in today’s market. There are some myths out there about the price of home and what a “Seller’s Market” really means.

The Buyers in today’s market are seeking maximum value in a property.

Their decision is based on a few things such as Market Condition, Location, Size, Amenities and overall Condition of the house.

By knowing these and pricing your home correctly you will be maximizing your chances of selling your home quickly for the best price and most favorable terms.

So let’s get into the 5 Myths about pricing a house to sell.

  1. I put $25,000 worth of upgrades into my house when I purchased it and therefore I should get $25,000 more for my home today. Sorry we wish it was this way, but upgrades you purchased 3, 5, 7 years ago do not hold dollar for dollar when it comes time to sell your house. They will compliment your sales price, provided that they still are the ones everyone is looking for today.
  2. My next door neighbor said he sold his for $. As a REALTOR® Cindy and I will look at all comparable sales in your neighborhood and sometimes, neighbors like to over embellish just a little with what the sales price actually was.
  3. New homes in the community across the street are selling for $. When we do our analysis for your house. We will compare similar homes to yours. We will start off in your neighborhood and typically look at homes that are 10-15% smaller and larger than yours, we will only look at pool homes if your house has a pool. We try get as close as possible to homes similar to yours. Now if there are not any sales in your neighborhood, then we will normally go outside of your neighborhood to find other homes. But using new construction prices to let’s say a home that is 5 to 10 years old is not a good practice and could cost you more money in the long run.
  4. I want to start $25,000 over what you suggest as a list price. Timing is extremely important in the real estate market. A property attracts the most activity from the real estate community and potential buyers when it is first listed. It has the greatest opportunity to sell when it is new on the market. So if you are $25,000 over what homes are selling for chances are when buyers come and look at your home they are used to seeing larger homes with more upgrades for that price.
  5. I have plenty of time to sell. What we would ask is then why put your home on the market today, why not wait? Every month your home is on the market it costs you money. So let’s say like in #4 you place your home $25,000 over where it should be priced. And your Mortgage Payment and carrying costs (electric, water, etc) comes to $2,500 a month. If your home is on the market for 90 days and that is not unrealistic if you are that much overpriced. It cost you $7,500 for those 90 days. And the $25,000 can be spent real quickly.

In closing we would like to share something that happened to us in November 2015. We listed a home for a past clients Mother and Father in Law. W suggested that based on market conditions and the condition of the home that we list the home at $150,000. Comparables showed home sales $145,000 to $152,500. The home went Active in MLS. 

On day 3 we received First Offer, Day 4 2 more offers came in and day 5 a 4th offer was received. We suggested to owner that we request Highest and Best Offer. We did and the home was sold for $157,400 by a cash investor with 0 days for inspection contingency and closing took place 14 days later.  To see some other examples of how Nick & Cindy Davis assist you in selling your house. Just click here

We are ready to sell your home. By Pricing your House to Sell, not go into MLS and then just sit on the market. Please feel free to contact us at 813-300-7116 or you can always email us at:



7 Ways to Reduce Stress When Buying or Selling a Home

7 Ways to Reduce Stress When Buying or Selling a Home

7 Ways to Reduce Stress When Buying or Selling a Home

Research has shown that buying or selling a home can be one of life’s most stressful events — right up there with filing for bankruptcy or getting a divorce. Preparation is the key to reducing anxiety. Here are a few tips:

1. Choose your agent carefully
An experienced pro will be prepared for every twist in the road, minimizing stress for you.

2. Home buyers: List before looking
Create and prioritize a list of “wants” and “needs” of home features before you begin touring properties. Waiting to think about what you’re truly looking for in a home until the showing will put you on the spot, creating anxiety.

3. Home buyers: Get mortgage preapproval
Having your finances ready eliminates white-knuckled waiting periods, or unpleasant surprises from lenders after you’ve found your dream home.

4. Don’t take things personally
It’s not you, it’s them. Or the market. Or the lender. Try not to take it personally if buyers value your home for less than what you’re asking, or if a seller rejects what you believe is a perfectly reasonable offer.

5. Keep things in perspective
Consider the worst-case scenario. Will you have to forage for food? Will you need to sell a kidney? Probably not. Other buyers will eventually materialize. Or you’ll find another home you love just as much as the one that got away.

6. Focus on something else
Give yourself a break and indulge in an activity that requires the undivided attention of your body and mind. Yoga lessons, anyone?

7. Find a four-legged friend
Petting and playing with animals is clinically proven to lower your blood pressure. And they won’t interrupt if you need to vent.

Talking things through with Nick & Cindy Davis is another way to de-stress. You can contact us here: www.TampaHomesSold.com

“Does it Come With The House?”

“Does it Come With The House?”

“Does it Come With The House?”

Heavy, bulky items can be awkward to pack up and difficult to move. They also can be seen as big perks to potential buyers. If you’re willing to part with the items below, have your agent pitch them as unique features of your house.

1. Basketball hoop – This can be great for families with young children. A game of basketball is the perfect icebreaker between neighborhood kids.

2. Trampoline – Another family-friendly item. That is, as long it’s not rusted or in otherwise poor condition.

3. Washer/Dryer – One less thing for buyers transitioning from apartment life to worry about.

4. Garage storage – Once you really dive into packing, you’ll be glad you don’t have to disassemble your shelving and storage racks, let alone find a box they fit in.

5. Light fixtures – Know your audience on this one. People can either think Tiffany lamps add character to a room or subtract from it.

6. Child proofing – The chances all those tiny socket plugs and safety latches make it to your new home are slim anyway.

7. Backyard shed – Gardeners and lawn care enthusiasts will rejoice.

Be prepared that a potential buyer may say “No.” Make sure you only leave behind items the buyer is interested in!

Does throwing in your washer and dryer merit a higher asking price? What about your garage shelves? Work with experienced RE/MAX agents Nick & Cindy Davis to reach a price that is fair for both parties.

6 Questions to Ask on a Home Tour

6 Questions to Ask on a Home Tour

Thanks to the Internet and our digital tools, you can learn a lot about a home before visiting, such as when the house was built and the HOA or tax costs. Some things, however, are best to ask us in person when you’re touring a property.

1. Why are the owners selling?
The agent isn’t obligated to tell you, but he or she might. The answer could reveal issues not included in the listing description. Is there a new highway planned nearby? Are the HOA restrictions too much for the sellers to handle? If the agent does reveal, for instance, that the owner is desperate to close quickly, you might be able to use that to your advantage when negotiating price.

2. What’s the sellers’ timeline?
Do the property owners need to relocate immediately for work? Or are they waiting for their children to finish the current school year? It’s important that your timeline for moving into the home and the owner’s timeline for moving out line up.

3. What, exactly, is for sale?
Find out precisely what’s included in the sales price. That nifty new fridge with the built-in smart screen you admire might be going with the sellers to their new home. Learn whether the appliances and fixtures, such as ceiling fans, are included in the sale price.

4. Are there any issues with the property?
Yes, the sellers are required to reveal most problems, but a chatty sales agent might reveal more than is included in the disclosure document. It certainly can’t hurt to ask.

5. How are the neighbors?
Ask about the types of people that live nearby. Retirees? Young families with kids? College students? The primary population will influence the overall culture of the neighborhood and can help you determine if this is the home for you.

6. Have the owners completed any major home projects?
Lots of recent home improvements could mean the property is in better shape than ever, ready for you to enjoy. It could also indicate more work will need to be done in the future. Be sure to get the full story about any recent property updates.

You’ll have tons of questions as you search for your next home. Nick & Cindy Davis can help you find the answers. To get started on your New Home Search, start here:  www.TampaHomesSold.com

5 Tips to Pinpoint Your Right Home Online

5 Tips to Pinpoint Your Right Home Online

5 Tips to Pinpoint Your Right Home Online

5 Tips to Pinpoint Your Right Home Online when you're ready to start your home search online, don't let the sheer volume of listings overwhelm you. Below are some tips to help you narrow down your search results on TampaHomesSold.com and make it much easier to streamline the list of homes you want to visit.


Be smart about pricing.
Consult the map.
Remember, photos and videos are only 2D.
Search your top neighborhood choices.
Balance character with upkeep.


We will go more in depth into each of these areas. To get started please visit  www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx


Short Sale VS Foreclosure what are the differences

Short Sale VS Foreclosure

So you are considering walking away from your home? You have tried doing a loan modification and got nowhere, or the proposal you received made your payment even higher than before. So you feel that just walking away and leaving the home is your only option now. This may not be the only option left for you. Or even the best thing that you can or should do.

Cindy and I have successfully assisted over 200 families complete successful short sales in our real estate careers. We both hold the Designation of Certified Distressed Property Experts (CDPE) and Short Sale Foreclosure Resource (SFR). You still have options. We know how to negotiate with the banks and we work for you and your family to get a resloution in your favor.

So what is the catch? Sorry to disappoint you but there is not one. You maybe asking What is this going to cost me? There is not Any additional fee for us in assisting you, no upfront fees either. Our compensation is approved by the mortgage holder and is customary in our market area. We do not have anyone else handling the short sale. Cindy and I call the lender and do the negotiating ourselves. If any money is required it would be requested by your mortgage holder and even then Cindy and I would try to negotiate with the bank to remove that or lower it to something that you would be able to agree to.

Walking away is not the only option or even the best option for you. To see some of the issues that can arise from a Foreclosure and why letting us assist you in completing a successful Short Sale would benefit you today and even more so in the future. Please visit www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx if you have any questions you can always call Nick or Cindy Davis at 813-300-7116 or 813-695-6475.

Amenities-High End

Could High-End Amenities Make Your Home Harder to Sell?

                                                                                             Could High-End Amenities Make Your Home Harder to Sell

Spa-like bathrooms and huge master closets are good investments, but steer clear of amenities that won’t bring a good return. When it comes to luxurious living, location is the crown jewel of home ownership. But which high-end amenities offer a return on investment — and should therefore be considered — and which don’t?

Strong curb appeal

Master bedroom with a walk-in closet

Spa-like bathroom

High-end audio-video systems

In-ground swimming pool

We will go more in depth into each of these areas, please visit our website at www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

5 Things to Think About When Buying Your First Place

Buying Your First Place

5 Things to Think About When Buying Your First Place

As a renter, you have the luxury of choosing a place that meets your needs at the moment.​ Buying a home is a much bigger commitment, both in terms of finances and the length of time you’ll likely live there. When seeking out your first place – whether a house or condominium or anything in between – it’s important to do your homework.

Here are 5 things to consider as you begin the process of buying your first place.

  1. The growth possibilities
  2. What's under the hood? 
  3. Know that no home will be perfect.
  4. Consider ALL the costs of ownership
  5. The lifespan of things.

To see full story please visit www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

Buying a Home in 2015: 3 Resolutions to Make It Happen

Buying a Home in 2015: 3 Resolutions to Make It Happen

Is 2015 the year you get serious about buying a home? These three resolutions can help you pull it off. Many home buyers enter and leave the real estate market several times before making a purchase. Priorities shift and — unlike a seller who signs an agreement and has a tangible product to sell — buyers aren’t necessarily tied to any timeframe, unless it’s self-imposed.

Enlist an ally

Balance feelings and data

Abandon the notion of getting a deal

We will go more in depth in each area. To see the full story; please visit www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

Small Bathroom 6 Ways to Make it Appear Larger

Small Bathroom 6 Ways to Make it Appear Larger

Small Bathroom 6 Ways to Make it Appear Larger


In nearly everyone's home there's one room in particular that is smaller than the rest, and that's the bathroom. There's a way around that though, or at least to make it appear to be larger than it is, and that's by using a little visual deception, and a lot of creativity. Here's a few ideas to get you started.

  1. Wall Color Is Key
  2. Mirror, Mirror on the Wall
  3. Transparency Is a Good Thing
  4. Be Less Vain
  5. Light It Up
  6. Be More Open

To see the complete article and more in depth explanation of these ways to make a Small Bathroom 6 Ways to Make it Appear Larger. Please visit www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

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