One of the biggest PROBLEMS in the Denver metro real estate area especially in the cities of Littleton, Aurora, Highlands Ranch, Parker, Arvada, and Lakewood is that your home stays listed for sale for 6 to 9 months without selling or getting a reasonably good price offer! But why is that happening?
The TOP 6 List of Seller ISSUES and classicla mistakes are:
1. Your home has NOT been updated, remodeled and/or looks poor - based upon it's list price (which is probably too high for the existing condition.)
2. Your home has poor looking paint, wall paper and/or bad carpet.
3. Your home is OVER PRICED given your current competition in your subdivision - and based upon the condition of your home to their homes!
4. Your home backs to a busy street, is on a busy street, has a bad location, has a weird shaped or too small of a lot, your landscaping looks bad, it's painted an unattractive color - or the paint/trim is peeling, or your neighbors homes look BAD - so no one wants to buy next to bad neighbors. (Some of these you just can't fix...)
5. Your home shows poorly because (it's NOT staged) there's too much furniture, too many pictures on the wall, closets too full and closets packed with unworn clothes, basements and garages "packed" full with junk - or smells bad with pets or food smells.
6. Your Realtor isn't promoting your home at the "right" price and marketing/advertising it ONLINE. If you're home isn't on the TOP 10 real estate search engines...you've eliminated 70% of the potential buyers...
What can you do to fix your problems?
Do NOT put your house on the market until it's ACTUALLY ready to be sold!!! Your highest probability for receiving the highest offer on your home will occur within the first three to four weeks of it being listed for sale on the MLS.
Then, make sure you hire an experienced and smart Denver Realtor to help you with your sale, because if you don't, your home may end up on the market six to nine months later without even a reasonable offer on it... Good Realtors "earn" their real estate commissions by giving three marketing and advertising advice!!! See my blog again in the next few days to read about what home improvement and remodeling projects return the most money BACK TO YOU before you list your house for sale...
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