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Many Days on Market for a San Antonio Texas Home for Sale Might Not Tell the Whole Story

By
Real Estate Broker/Owner with RE/MAX Associates 574299

Many Days on Market for a San Antonio Texas Home for Sale Might Not Tell The Whole Story


When looking for a Realtor® to sell your San Antonio Texas home for sale you may look at some of their past sales to see how successful they may be.  That makes perfect sense, however, some times you may look at a particular listing or two and notice Storythat the days on market may be a bit longer than you would like on some listings and may cause you to think twice about hiring that particular agent.  

The truth of the matter is this though, days on market in this San Antonio Texas Real Estate market may not be the best indicator of a Realtors® performance.  Back in the day when homes were flying off the market in less than 30 to 60 days, you could probably raise your eyebrows at a home that has been on the market longer than 6 months.  Something was probably really wrong with either the home or the price.  The Real Estate market being what it is now, it isn't uncommon to see a home on the market for a year or more.

That is the cold, hard, truth of the matter.  One could obviously say, when a home is on the market that long, then just drop the price to accommodate, but you know, as well as I, that not every seller can do that.  Many sellers in today's San Antonio Real Estate Market have little to no equity in the home and to avoid bringing tons of cash to the closing table must sell at a certain price...and that doesn't mean they are necessarily overpriced.  

Looking for a Realtor® to sell your home should encompass plenty of things....but I personally think one of the most important things is what are they going to do for you, the seller?  If I were looking for someone to sell my house and I noticed they had a home on the market for a while, I would wonder to myself...why would someone stay with such a Realtor® if they haven't sold their home yet?  Why does this Realtor® inspire that type of loyalty when so many others let their home expire or go find another Realtor®.

Perhaps because there is more to selling the home than well...selling the home.  Now, quite obviously, the ultimate goal is to sell your San Antonio Texas home for sale for sure!  But how are we going to get to that goal and how are we going to spend that journey together given that we may be spending some time together before the actual sale.

So here's the skinny.  Once we get your San Antonio Texas home for sale priced right for the market at the time and show ready, I do my marketing magic with all of the tools that I use to get your home in front of they eyes of the San Antonio home buying public.  You will get showings...you just will, (it's my thing).  And the more people that see your home, the better chance you have of getting it Sold!  

Here's the other thing though, not only do I market the heck out of my listings...I communicate with you the seller as much as you want.  I keep you apprised of the market in your area and what we need to do to position your home to sell.  You get constant feedback from me, and will know what is going on in your local market such as new homes that come on the market, any that have gone under contract and any that have sold or even expired.  

I pay attention to you and your home.  At the end of the day, once we do all we can do with pricing, marketing and communication we just gotta wait for the buyer....and there is one.  There is truly a buyer for every home.  Sometimes they just take a little longer to show up.  But in the mean time...while we are waiting, don't you want a Realtor® who is truly looking out for your needs and paying attention to your particular situation?  So, when looking for your Realtor® and you see that they have a listing that has been on the market for a minute...ask yourself why that seller is still with me...it could be a good thing!

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Posted by

Brenda Mullen – San Antonio Texas Real Estate Professional

Brenda Mullen Your San Antonio TX Real Estate Agent
 
Selling a San Antonio Texas area home involves many steps and having an experienced  San Antonio  Texas Real Estate Agent by your side will make the transaction run a lot smoother. I would love to be your San Antonio Texas Area Real Estate Professional! I assist both buyers and sellers in the San Antonio Texas area with either the purchase and or sale of residential real estate.
 
As an Accredited Buyer’s Agent, I have received special training to guide and educate you through the entire home buying process. From start to finish, I listen to your needs and desires in what you would like and take the information you give me to find you home.
 
As your San Antonio Texas listing agent I am well versed on the local San Antonio Texas area Real Estate Market. You can expect personalized service that includes a detailed consultation on how to best position your home to be competitive in today’s market with an in depth comparative market analysis, and advice on staging. I use the latest and most up-to-date marketing methods to get your home in front of as many buyers as possible. Being your San Antonio Texas area Realtor® not only involves just finding the home or selling the home, but being your guide, negotiator, advisor and advocate and making sure that your needs and goals are met. Being your San Antonio Texas area Realtor® is one of my truest passions, and “Helping You Find Home” is my number one priority.
 
 
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Brenda Mullen
Broker-Associate/Realtor®, ALHS®, MRP®, ABR®, ePro®

Team Leader The Mullen Group with RE/MAX Access - Helping You Find Home
19115 FM 2252 STE 15

 

Comments(15)

JOSH EVANS *JoshEvansHomes 516-655-5000
Village Properties of Mineola, LLC - Mineola, NY

Great blog and good job. Thanks and keep upmthe good work. Good luckmthis year

Nov 02, 2011 01:21 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Brenda.....potential sellers in the San Antonio area would be wise to call Brenda Mullen of Keller Williams Realty for a Free Market Analysis of their San Antonio home....

Nov 02, 2011 01:26 AM
Brenda Mullen
RE/MAX Associates - San Antonio, TX
Your San Antonio TX Real Estate Agent!!

Hi Josh-Thanks!  We all love a pat on the back for our blog efforts, lol :)!  Good luck to you as well!

Hi Barbara-I totally agree with you, lol :)!  Thank you for the endorsement :)!

 

Nov 02, 2011 01:29 AM
Craig Rutman
Helping people in transition - Cary, NC
Raleigh, Cary, Apex area Realtor

And this, my friend, is the reason folks should be calling you when considering selling their home in the San Antonio area.

Nov 02, 2011 01:45 AM
Brenda Mullen
RE/MAX Associates - San Antonio, TX
Your San Antonio TX Real Estate Agent!!

Hi Craig-Thank you so much for your encouragement :)!  

Nov 02, 2011 01:48 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Excellent blog Brenda,  There is often more to the story... :)

Nov 02, 2011 01:56 AM
Brenda Mullen
RE/MAX Associates - San Antonio, TX
Your San Antonio TX Real Estate Agent!!

Hi Ricki-There often is more to the story and it doesn't necessarily mean that the Realtor isn't doing a fantastic job!  Thanks for dropping in!

Nov 02, 2011 02:01 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Brenda- it's a very different market out there and price, condition and location and YOUR Excellent Marketing are keys but sometimes you just have to wait. 

Nov 02, 2011 02:09 AM
Brenda Mullen
RE/MAX Associates - San Antonio, TX
Your San Antonio TX Real Estate Agent!!

Hi Kathy-No doubt...sometimes just being patient is the key.  Thanks for dropping in!

Nov 02, 2011 02:13 AM
Deborah Byron Leffler BzyBee Real Estate Lady!
Keller Williams Realty Boise - Nampa, ID

Brenda...I agree with  you ....and buyers and Sellers in San Antonio do need to call Brenday Mullen today to list their home!

Nov 02, 2011 02:14 AM
Cathy Criado
Criado Realty - San Antonio, TX
Making Real Estate Profitable

Brenda - I love that you point out that the sellers don't always have the equity needed to come down on price. It disturbs me that many Realtors just get caught up in getting a quick sale! There's so much more to it. 

You do a great job of getting exposure!

Nov 02, 2011 02:26 AM
Brenda Mullen
RE/MAX Associates - San Antonio, TX
Your San Antonio TX Real Estate Agent!!

Hi Deborah-Thank you...

Hi Cathy-There is a lot to getting a home to sell and price isn't always it.  Thanks for stopping in!

Nov 02, 2011 03:49 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Good Morning, Brenda. There is not doubt in my mind that excellent Marketing all over the Intranet separates many agents in the services that they provide. You are on top of your marketing, and I am sure any seller who hires you have made the right choice.

Nov 02, 2011 05:19 AM
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Brenda - It's so true that there are typically so many reasons why a home may not sell quickly and not being priced right is just one of many.  When I see a home languishing on the market, when checking out the MLS to see why, there are different things need to be looked at before automatically assuming the property is over-priced.

Just last night, I was checking out a property that has been on the market for nearly a year; very unusual for the area it's in - avg DOM for the area is less than 100.  It's BOM and according to the MLS has fallen out of escrow (hmmm.....).  While the property does appear to be priced right (according to recent comps), after checking out the property history page, it took the seller and LA nearly nine months to get there.  Hmmm.....a little market chasing going on maybe?

Furthermore, the property history also showed two different contingent and pending statuses (two failed escrows???) and there were showing restrictions.  Hmmm.....I don't like to assume anything but it's starting to look like a challenging listing and/or property.  Showing restrictions, pricing issues, cancelled transactions and who knows what else but in any case all info that any prospective Realtor/agent as well as their buyers clients need to consider for any property that has been on the market awhile.

Nov 02, 2011 05:58 AM
Brenda Mullen
RE/MAX Associates - San Antonio, TX
Your San Antonio TX Real Estate Agent!!

Hi Jerry-What a nice thing to say :)!  I do provide massive amounts of Internet marketing and those who list their San Antonio Texas homes with me are sure to get their home seen by tons of buyers :)!

Hi Donne-Oh, there are many reasons a home may not sell most definitely.  Whenever I have an expired seller come to me, I look to see the listing history and sometimes that can tell a person a lot!  We already know if it isn't priced right...well...not gonna sell.  But sometimes everything is right, the price, condition, showing availability and the Realtor® has done all they can...all there is left to do is wait it out.

Thanks for commenting!

Nov 02, 2011 10:53 AM