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Excellent commission and a great price = still can not sell this house

By
Real Estate Agent with RealEstateSINY.com

I have a great listing. it is a 2 family home in an excellent condition and it shows beautifuly. the price is marketable and is priced 35,000-40,000 below 2 comperable homes in the same neighborhood. the commission is 6% with 50/50 split. I just do not understand what is the problem??????

Posted by

On Your Team.

Irena Popilevsky

NYS Licensed Real Estate Broker/Owner

RealEstateSINY.com

(917) 579-4455

www.irenapopilevsky.com

Jean Powers
Kane & Associates call 510.908.9002 - Alameda, CA
CRS,e-PRO,HAFA,SFR Broker, Northern California

It is always the price, the buyers think it is too high, they for the most part are in the driver's seat right now,       I tell agents all the time a shack will sell if it is priced right.

May 15, 2008 03:04 PM
Andrew Baumbach
Homestead Realty Inc. - Milwaukee, WI
Greater Milwaukee Real Estate

If you have recently dropped the price and/or raised the co-broke commission, maybe try expiring the listing and relisting.

i recently did the smae on one of my listings and added a variable price range, and guess what? We got an A/O in 8 days for the price we were aiming at.

good luck!

May 15, 2008 03:12 PM
Jim Albano
Prudential Damiano Realty - Little Falls, NJ
Team - Jean-Marie Vantuno / Realtors North Jersey Real Estate

Have you tried offering a buyer incentive such as a seller concession towards closing costs?

May 15, 2008 03:20 PM