It's Been Six Months and My House Hasn't Sold...What Should I do?

Reblogger Vanessa Stalets
Real Estate Agent with RE/MAX Elite

Liz tells it like it is and points out some of the reasons a sellers home may not have sold. Basics here, that is the deal! Thanks Liz for allowing reblog~

Original content by Liz Moras Migic

Your house hasn't sold?  Its been 3, 6, 12 months?  You're shaking your head and wondering why?  Well here are the straight goods........Look at the list and check it twice! :-)

First of all lets see why other similar properties sold and yours didn't:

1.) They made sure their property was priced correctly right from the very beginning.

2.) They made showings easy - and left the home during showings so the Buyers could explore comfortably.

3.) They invested in professional home staging - realizing that the way they saw there home was not necessarily the way others would see it.  We see our homes with different eyes and may not accentuate the positive and minimize the negative.  Time and time again data shows that staged houses sell for more and sell quicker.

4.) They were more aware of market trends and so knew that being more flexible when negotiating was necessary. They also did not reject offers outright.

                             

That doesn't mean that some houses still don't sell, but your odds are greatly improved.  

Somethings to consider...

1. )  How motivated were you to sell? Were you holding out for a sale price similar to the one your neighbor received a couple of years ago?  Are you prepared to wait another two years to get your house sold?

2.) Are all parties involved equally motivated?  Sometimes holding back on appropriate pricing is a strategy for delaying decision making when both parties are not equally ready to sell!

3.)Are you thinking your house hasn't sold because of your Realtor?  Although that may be a possibility chances are that probably isn't the reason your home hasn't sold.  However sometimes people think that changing up the Realtors might make a difference - and that is unfortunate.  Although the temptation might be to find a new Realtor and THEN reduce your price - the odds are that after investing both time and money there is no one more motivated in selling your home than the Realtor you already have!

4.) However if you think your house is worth more than anyone else?  Bonus:  You might just  get to keep it! :)

 

 

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  If you or someone you know is thinking of Buying or Selling property in Chilliwack's Garrison Crossing, Cultus Lake, Hope, Abbotsford, Langley or anywhere in the Fraser Valley Area of B.C. - or if you would like more information please give Chilliwack Realtor Liz  Moras of Landmark Realty  a call at- 604-799-0459  or e-mail at lizmoras@gmail.com.   


Copyright © 2011 By Liz Moras, All Rights Reserved. Please do not use without permission.   Information provided by this author is only an opinion, it is not guaranteed, may be based on information collected from several sources, and may be time sensitive.  It is not necessarily representative of the opinions of Landmark Realty Chwk. Ltd.  
                       

                                             

 

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Rainmaker
243,695
Highland Beach Condos David Serle
RE/MAX Services - Highland Beach, FL
Boca Raton Agent David Serle

Lower the price.  Have a pricing strategy and lower it 1-2% every 3 weeks until it sells.

Feb 01, 2011 01:16 AM #1
Rainmaker
276,282
Tony Morganti
RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio - Cuyahoga Falls, OH
CRS, ABR, SRES - Cuyahoga Falls, Stow

This is a nice post and pretty much right to the point(s).   Sellers should first look to the things on this list that they control before the point the finger at their Realtor.  I think today Realtors are working harder than ever to get their listings sold. 

Feb 01, 2011 01:18 AM #2
Rainer
45,490
Linda Esposito
HouseSetters Home Staging Services - Rhinebeck, NY
NY Expert Home Stager, New York Home Stager Blog and Instructor

Yes--Thanks for including home staging. So many people think that their home is a castle and don't see it objectively. Hiring an experienced home stager will help sellers see their house for what it is and make the necessary improvements to get sell quickly.

Feb 01, 2011 01:21 AM #3
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Rainmaker
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Vanessa Stalets

REALTOR, Brentwood TN Homes, Real Estate
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