top 6 reasons homes dont sell: Top 6 Reasons Homes Don't Sell-Reason#6-The Realtor
- 10/04/10 06:18 AM
Top 6 Reasons Homes Don't Sell-Reason#6-The Realtor-Real Estate Marketing Technology is moving so quickly that simply putting a sign in the yard, listing it in the MLS and putting an ad in the newspaper will not sell your property. Buyers come from everywhere! They come from different neighborhoods, states and even different countries. Where do they start their search for your home? The Internet of course. Statistics show that an average of 90% of buyers begin their homes search on the Internet, capturing a City Wide, Statewide, National and World Wide viewer is absolutely essintial in most markets (especially in Large Metro-Areas Like Los Angeles). … (2 comments)
Top 6 Reasons Homes Don't Sell-Reason#5-The Seller- Sellers can unknowingly sabotage the sale of their home by either not following their agents advice or getting bad advice from friends or even a less savvy agent. A couple of the most common "deal killers" for getting your home sold are Showing Restrictions and Property Condition. Here's what I mean...
Showing Restrictions-A seller that limits the number of showings to certain hours or insists that he or his agent always be present for showings may limit the number of buyers that actually view the property. Lock Boxes are also imperative. Today's lock … (3 comments)
top 6 reasons homes dont sell: Top 6 Reasons Homes Don't Sell-Reason#4-Market conditions
- 10/01/10 04:37 AM
Top 6 Reasons Homes Don't Sell-Reason#4-Market conditions-Market Conditions refer to the number of other homes or properties that are currently on the market in a given area. The more homes that are on the market, the longer a house may take to sell. Market conditions may also be influenced by other factors including, the current economic market, the current unemployment rates, current financing guidelines and Acts of Mother Nature, such as Earthquakes. All of these factors determine whether you are in a buyer's or a seller's market. That being said, the way you and your agent look at things can dramatically determine … (4 comments)
top 6 reasons homes dont sell: Top 6 Reasons Homes Don't Sell-Reason#3-Lack of Attractive Terms
- 09/30/10 02:18 PM
Top 6 Reasons Homes Don't Sell-Reason#3-Lack of Attractive Terms: Location and price are definitely important but there's a lot of weight given to the "terms" buyers are looking for when purchasing you home. Let's face it; most buyers must get a loan to finance their purchase. There are very few "All Cash Buyers" Realitive to those who finance. Often the 10% or 20% down one needs for Conventional Financing is a Huge sum of money and prohibitive to many "would be buyers". But there is Financing out there that is realitvly easier for buyers qualify for and only requires 3.5% Down. It's FHA Financing and there's a … (0 comments)
top 6 reasons homes dont sell: Top 6 Reasons Homes Don't Sell-Reason#2- Property Condition
- 09/30/10 08:11 AM
Top 6 Reasons Homes Don't Sell-Reason#2-Property Condition -When you begin to consider offering your home for sale, first ask yourself: Is your house in move-in condition? Is there deferred maintenance? Are the walls freshly painted? The carpets recently cleaned or replaced? Are all your appliances and fixtures working? These are all things that must be addressed prior to putting your house on the market. A property with and abundance of "deferred maintainance" may not sell unless you make concessions such as price. In any given market there are about 3 price brackets for a given home based on Property Condition: Top of Market … (1 comments)
Top 6 Reasons Homes Don't Sell-#1reason-Price- Price is determined by The real estate market, not by your Realtor®, and not by you. When you insist that your property be priced above the current market value, your property will not sell. When real estate agents agree to take an overpriced listing, it's called "buying the listing". Basically they agree to what YOU believe the value is, just to get your listing. Once they have your listing, they must ask for price reductions over and over again. "Buying The Listing" really doesn't make sense though because they've "bought a listing" that will never sell. This … (0 comments)
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