WHY DIDN’T MY HOUSE SELL THE FIRST TIME?

  1. Price (Over Priced) – Price It Right From the Start.

Every home will sell at a market appropriate price. A good Real Estate Agent, will help you find it. Your house should be based on the current market conditions.  If is priced too high it will sit on the market and become a “stale” property.

  •      What you paid for your property does not affect value.
  •      The amount of money you need to get from the sale of you house does not affect its value
  •      What you think it should be worth has no effect on its value
  •      What another real estate agent says your property is worth does not affect its value.
  •      What your neighbor says does not affect its value.
  •      The cost to rebuild today does not affect its value.

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  1. Condition of Your House

First impression for buyers are very important, buyer will look at a median of 10 homes before buying, according to“NAR’s 2015 PROFILE OF HOME BUYERS AND SELLERS”. Buyers will comparison shop and you will want your home to stand out as the best value.

 

Very many homes have been lost to overgrown landscaping, cluttered rooms, bad stains, unpleasant smells, dirty kitchens and bathrooms. Fix what needs to be fixed, you never know what could be a small issue to you, could be a very big issue to a prospective buyer.  Most buyers want to buy a home that is move-in ready. Imagine that you are the buyer and clean your home from top to bottom.

 

  1. Marketing of Your Home

The lack of exposure of your home could have been a contributing factor to why your home didn’t sell. According to a joint study by the National Association of Realtors (NAR) and Google “Nine in 10 home buyers today rely on the internet as one of their primary research sources, and 52 percent turn to the web as their first step.”

 

Real Estate Agents who are innovative are offering new strategies of attracting home buyers will always outperform those who are using only traditional methods. Today’s market demands around the clock advertising exposure, through social media, Youtube, use of mobile technology marketing (89% of home shoppers use a mobile search engine at the onset and throughout their research) and use of the internet.

 

  1. Make Your Home Accessible

The more accessible your home, the more showings and the better the odds are of getting a buyer. If a buyer can’t see your home they will go on to the next home and purchase elsewhere. A lock-box is best, while appointment only are most restrictive.

 

  1. Choose the Right Agent

Most homes are sold by real estate agents, but not all real estate agents are the same. The agent’s experience, knowledge and marketing plan are very important.  Choose an agent that will use new and innovative ways of marketing your home.

 

Working with a full-time professional real estate agent is a must.

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