I Listed My House and it Didn't Sell... Now What?

By
Real Estate Agent with eXp Realty License #99563428

Selling your home can seem like an emotional roller coaster sometimes. After you finally decide to sell, get a realtor and your home doesn't sell, it can leave you feeling hopeless. While I completely understand these feelings, you must realize that in some cases the best homes do not sell the first time around. If it did not sell, then it was probably one of the following reasons:

1. Condition

The first item that can hurt your home while it is on the market is condition. We are finding that today's home buyers are looking for homesthat are move in ready. As a seller, you should know that your home will sell faster and for more money if you have all the necessary repairs done before your home hits the market. Also, listing a home that is outdated is just as harmful as a home that needs repairs. If you have the funds to fix the issues in the house, it is recommended. 

2. Price

The second item that sellers should consider is the price of their home. If a home is priced to high, it will not sell. I tel my sellers all the time; 2-3 weeks on the market with no showings or 8-10 showings with no offers means that we are overpriced. In fact, if there is not a change in price or conditionafter 90 days on the market, there is less than a 1 percent chance that the home will sell. 

3. Location

The third reason that your home may not have sold is location. This does not always mean that the house is in a "bad area." There are many variables that factor into location. The house may be located in a flood zone, bad school district, near railroad tracks or in a neighborhood that has a lot of inventory. We cannot do anything about the location of the home, but we can compensate by adjusting the price. 

4. Marketing Plan

The last item to consider is your agents marketing plan. Make sure you hire the right agent for the job of selling your home. Every agent markets their properties differently, you need to pick an agent that best suits your needs. 

 

Here at the Jen Burns Group, we take pride in being able to sell homes that didn't sell the first time that they were on the market. Please contact us if we can help you with any of your real estate needs. 

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Call or text 225.289.3656 for more information!

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Hire a professional, positive, and proactive team of Realtors to help you sell or buy your next home!

 

 

Jen Burns, REALTOR®
eXp Realty, LLC

Office: 225.412.9982

2900 Westfork Dr.

Suite 401

Baton Rouge, LA 70827

Licensed in Louisiana

Licensed by the Louisiana Real Estate Commission

 

“The statements and opinions contained in this advertisement are solely those of the individual author and do not necessarily reflect the positions or opinions of EXP WORLD HOLDINGS, INC. or its subsidiaries or affiliates (the “Company”). The Company does not assume any responsibility for, nor does it warrant the accuracy, completeness or quality of the information provided.”  

 

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