Hi again Amy... this is a followup analysis on the link I just sent you. The link shows the 22 homes that sold since 5/21 between 300,000 and above.
I'm not going to send them now but there were exactly 102 homes newly listed since 5/21. That means that 80% of the sellers out there have had an identical experience as you... lots of time on the market and still no sale. 80% like you unsold. Wow a lot, huh? How many of those sellers are depressed and down because of not selling yet? More than a few. But not all. Because some know that it takes time - more time than they want - but those who understand how the market works do not worry.
Also.... there are now over 100 homes that fall in that price range that were listed before 5/21. So think about those sellers... over 100 who have been waiting many many months longer than you to get a sale and as of today they are still unsold.
What if.......... many sellers with all this time to think about selling are thinking....."What if....what if we have an OPEN HOUSE every sunday? .... What if we run a front page advertisement in every newspaper in the area?......What if we repaint the house....? etc, etc. How many MORE buyers would have bought homes this summer if every seller had an open house every Sunday? How many ...one... two...none?
Now here is some GOOD NEWS. So you can be happy! There were 23 additional sales in this group of "old" listings SOLD this summer and early fall.... AND 6 of them hit in your price range (one of them was the "Bear House")
So that means there are buyers. There have been buyers. And there will be more buyers. Buyers for every house. In time. Time will bring everyone a buyer. Because when someone is looking for a home like yours then there you are - you have one of the nicest homes by one of the best builders and a pretty good price, too. So time is your ally. Time is your friend. And someone is predestined to live in this home after you. That someone probably is already "in the market" and may have already spotted your home. Do you remember Amy, what month it was when you first were in touch with me? Do you think it might have been 6 months or longer? Yes. And how many homes did you pour over on the internet in all that time? A lot. Would you have bought this home any sooner if the seller had run front page advertisements in all the newspapers?......no...... That previous owner could have turned sommersaults, and tied a 10 story balloon to the house and you would not have bought it any sooner. YOU were right for this home. And it took you time to find it and then to decide on it. Whoever is right for this home now has to take as much time as they need to decide when to make their move. It is right for someone. Just like the 200 other homes unsold over $300,000. They are all right for someone. And they will all eventually sell. Every single seller could speed up the process by lowering their price enough to trigger a buyer to pounce on a "good deal". And as more time passes they all will eventually nibble away at their asking price. But if you want the "right" buyer you have to wait your turn....whether it is weeks or months.
Right now you are living in some one elses future home. And you are taking good care of it for them until time and value brings them home to 7010 Sunnyside. By waiting, and not "giving it away" you are doing the right thing. You are being a good steward of your families equity. And you are saving this house for that family which will eventually turn up and who is able to afford it. So I say don't be sad about anything. Be happy.
Now I want you to do something for yourself. Print this letter up. Make an extra copy. Put it somewhere to find it when you get down about the house not being shown or sold. And then start enjoying every day.
Dan Deutsch CRS, ---- I give my permission for anyone to use parts or all of these ideas in their own words.
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