This Morning's question is; MY HOUSE IS NOT SELLING - NO ONE IS LOOKING AT IT - WHAT CAN I DO? Unfortanately in this market it is a common question. Without any lookers, the first thing you have to do is get a new brokers price opinion completed to see where your house is priced in the market. If your house is priced above market value, with the increase in listings, your house my be priiced too high to attract buyers. You want your house priced at or below market value, most often no lookers comes from too high of an asking price.
The second question to ask is anyone calling, where is the agent directing their marketing. Ask the agent why they think there is no lookers. If your price is at or below market value and no lookers why is this happening and try and solve it.
WHAT SELLERS ARE FACING TODAY?
As i write this today there are some market factors that every seller is facing:
The banks are not loaning money very freely, Potential buyers are ready and willing to buy, they are just not able until the banks start loaning money. This fact is keeping inquiries up and showings down.
WHAT ARE THE ANSWERS?
There is no easy answer, the most important thing is to be priced correctly at or below market value.
Make sure the exterior of your home is neat and clean, most people drive by the property first and in a split second decide whther they are calling back to get in, or will keep on driving.
Asking anyone who needs a sale to be patient is tough enough, especially when so many need quick sale, however better times are coming with the fall market right around the corner where showings and sales typically increase.
PLEASE FEEL FREE TO COMMENT ON WHAT YOU THINK?
UPDATED November 17, 2010
Blog written by:
Godzyk Group Realty
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