Three weekend ago, I had an opportunity to host an open house for a fabulous new listing in Morris Township, New Jersey. The home came on the market on Friday, I did the first open house on Sunday. By the next morning, the home had three offers and is now under contract.
Two weekends ago, I had an opportunity to host an open house for another great new listing - this time in Parsippany. The home came on the market the Thursday before I did the open house. This home is now under contract.
What makes these homes so special that they received offers in no time while others languish on the the market for months, even years? It first begins with effective pricing - not only from the agent relaying the importance of making sure the home is priced right from the beginning, but also from the home owners who are receptive AND responsive to the news on what the home should be priced at. Also, I must say, the two homes are in excellent condition and in great neighborhoods which definitely helped with a rapid sale.
But what if your home has been on the market for more than 30 days with little to no response from the buyer pool? I spent a few minutes with this week's question of the week to answer some things you should be on the lookout for if your home has been on the market for more than 30 days and not produced an offer.