Hello Everyone,

Have you put your home on the market and had it not sold in the past. Mayble you put it on last year and it didn't sell and now your thinking of putting it up for sale again. Here are the top two reasons it might have not sold in the past.

1. You chose the wrong Realtor. This may not seem like a key factor but it is. In Spokane the market has gotten very competitive. We have had a low inventory for about 4 years and now the properties becuase of the slowdown are starting to build up again to levels like about 5 years ago. With more inventory and the increase in Realtors who joined Real Estate in the hot market, you have a lot of people selling homes and more competition for the buyers.

This means you can do like you did 3 years ago where you could hire anyone and just put a sign up and it would sell. Now if you don't hire the right agent it might not sell at all. The right agent has to be doing things better than the other agents or they won't give your home the competitive edge. Check out our marketing plan video where we show what we do differently then our competition to get houses sold in Spokane. If your interviewing and agent they should be able to show you exactly what they do differently than their competition if they can't move on.

  2. Price. This has always been a factor in selling homes. The Spokane Real Estate market is not as bad as many markets around the country, but you still have to price it right. With more competition the pricing has to be right on. When buyers have more choices you can't get away with pricing it out of th price brackets that other similar homes are for sale for. A good agent should be able to show you exactly what your competition is priced at and how their homes compare to yours. Never accept just a price when asking what your home is worth. They may tell you a number you want to hear to get the listing. Ask to see how they came up with it and scrutinize their numbers. You want real information not pie in the sky numbers. For  Spokane Home Values click this link and tell us a little about your home and we will give you an idea what you Spokane home value might be.

Good job getting educated that is the key, don't keep doing something if it isn't working for you. Rethink and regroup. Get expert help and you can make your way through this market while others are wondering why it isn't selling.