Lots of showings but no offer

By
Real Estate Broker/Owner with South Beaches Real Estate Professionals BK 652174

Selling your home here in St. Petersburg Florida

In one of my earlier posts we have already determined that every house is sellable.

The only two reasons why it might not sell are

Price is too high or

Marketing and advertising is bad.

Since you had a few showings and your realtor showed you the website statistics,

 we know the marketing is working.

So, the problem is the price, sit down with your realtor talk about the feedback he got from the buyers.

The easiest way is always to reduce the price, but sometimes it is a little more complicated than this. here is a scenario.

The buyers like the square footage, the floor plan, the location, the backyard, but they are not willing to pay "that kind of a price" for a house that is painted purple outside and all the rooms are bright pink. No, what are you going to do? Reducing the price by $5000 will NOT make a difference and you are just wasting time, but calling a contractor, pay him $5000 to paint the whole house, inside and outside in neutral colors, might do the trick. Adding to the advertising that seller is willing to give allowance for paint will NOT work.

So, either reduce the price significantly or save money by having it painted ASAP. Do not wait around, you will loose a lot of potential buyers, if they have see the house in
purple" they will not come back. We have so much inventory, you need to be competitive.

More posts on selling your home here in St. Petersburg Florida

 Your home is listed with a Realtor but no showings!?

 Ok, you have signed the listing agreement.

Selling your home or condo here in St. Petersburg?

You want to sell your home yourself as a FSBO?

Selling your property with a Discount brokerage

St. Petersburg, Listing your property with a Realtor

St. Petersburg So, how do you find the best Realtor for your situation?

Selling your home in St. Petersburg Florida

What is the price I should list my home for here in St. Petersburg Florida

 

If you think about buying or selling a house or condo in Saint Petersburg Florida, give me a call. I know the market, I know the neighborhood. Ask me about waterfront homes or condos in St. Pete beach. Treasure Island, Madeira beach, Seminole and other Tampabay areas. We also work with short sale and foreclosures.   727 409 8706

 

 

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Rainer
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Billnulls Blog Florida Realty Professional
Charles Rutenberg Realty - Clearwater, FL
AHWD

People need to learn that any home must be priced correctly to sell it!

Jul 25, 2008 07:07 AM #1
Rainer
148,434
Manuela Baginski
Coastal Properties Group/Christie's International Real Estate - Tierra Verde, FL
bilingual Real Estate Professional in Tampa Bay

Yes, you are right. If you have a lot of showings than the advertising is working, in my opinion mostof the time the price is wrong

Jul 28, 2008 09:06 AM #2
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Rainmaker
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Anne Hensel

Realtor - Broker - St. Pete Beach, Treasure Island
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