Your Neighbor’s House SOLD in One Day! Yours Is About to Expire..WHY..HOW?
Remember the day you made the decision of selling your house? Based on what
you read and heard, home prices have increased with high demand from the buyers in the area where your house is located in. Next step was to find a local, knowledgeable REALTOR®. You asked around, checked online and interviewed a few agents and chose the one who suggested the highest list price out of all the other agents. Who doesn’t want to sell their house for as much money as possible, right?
You signed the listing agreement, your agent took photos of the house and it was input into MLS(Multiple Listing System). Days, weeks gone by with no showings! Not a big concern as you’re still living in the house and your trusted your agent on the price which you also liked regardless of what the other four agents told you based on all the active and sold comparables in the area.
Then, you see a sign across the street from your house with a nice “Under Contract” rider. Yikes! You then go online to see what it was listed for and what their house looked like. Well, their house was priced $38,000 lower than yours, they have and additional 410 sq ft gla and some upgrades which your house doesn’t have. You immediately think they’re just giving the house away but are they? Or, is it possible that they took the advice of a knowledgeable REALTOR® who suggested the list price?
Home Sellers, I have news for you! Even if your local market is identified as a “Seller’s Market” with high demand and low inventory, homes are worth as much as buyers are willing to pay for them. Grossly overpriced homes either see price reductions, sell at a much lower price than list price if buyers even make an offer or become Expired Listings.
Before you start pulling your hair out and start the blaming game, do yourself a favor and think realistically. If you were a buyer, would you pay almost $40,000 over market value? Especially if there are other homes available for sale at lower prices.
Don’t select an agent because they’re telling you what you want to hear, you will lose! Select an agent because they’ve demonstrated knowledge and you trust them.
How are some homes selling in just a few days? What are these sellers and their agents doing?
Here are some tips;
-Price it well(within market value range)
-Make sure your house is show ready(inside and out)
-Pictures sell. Check the photos of your house online, are you pleased? Do they need work?
-Get a copy of the MLS sheet from your agent and check every single line
-Don’t put any showing restrictions. Remember, if your house can’t be shown, it will be sitting in MLS for a long time
Would you like to see a “Just Sold” sign in front of your house? You can, if you’re willing to make some changes.
Clermont FL homeowners, if you’re thinking about selling your home, I would love to have the opportunity to speak with you. Call or text me at 407-929-1852, email bethatalay@gmail.com or visit www.WhereToLiveInOrlando.com
Your Neighbor’s House SOLD in One Day! Yours Is About to Expire..WHY..HOW?
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