How long after a house is listed should the phone start ringing?

Christine:

I'd invite some agents to come take a look at the house and ask them if they think the house is priced right. There's so much inventory, that even a 10-20K increase will make a difference. He may have an unrealistic expectation for what his house is worth in this market.

Best wishes for getting some response soon.

I'd have a broker's open and ask each agent to complete a questionnaire before leaving.  What is the competition in the area?  How long are homes in that price range staying on the market?  There are so many reasons why there haven't been calls.

Christine, since you listed this blog in the realtors site and the Pennsylvania site, I am sure you will get at ton of different answers to this question. Obviously the local agents will be more in tune with what to expect, but generally speaking, the things mentioned above like brokers opens and some e-flyers to every agent in your area would go along way to getting some feedback. Good luck!

Christine,

In my experience it depends on location, & price. I think the idea to have your peers come through is a great idea. The more desired area in your market usually the more interest.

Christine,

In my experience it depends on location, & price. I think the idea to have your peers come through is a great idea. The more desired area in your market usually the more interest.

Christine,

I agree with the others. you need to have a realtors open house and get their comments and also get them into the house so it will be fresh on their mind.

It really depends on your market and what prices home are selling for in your market right now.

We would recommend that you analyze your recent pendings first to see what has gone pending in the past month and in what price range. Then take a look at all of the solds in the last month, what price range did they sell for, how long were they on the market at that price range, what area of town, etc. By looking at recent activity you can see the true facts of what is happening in your market.

The concern we have with having a brokers open to find out if your price is right is how active are those agents that are giving you their opinion. If they are actively engaged in the market they most likely do not have the time to come to your brokers open.

Patty & Scott Carroll - RE/MAX Equity Group Vancouver WA