Rainmaker
3,856,755
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Mike. I think this is thoughtful and on the money. Well done.

May 31, 2019 07:18 AM #1
Rainmaker
2,917,628
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Your bulleted points cover nearly all reasons a home isn't selling, Mike!  It is important for sellers to understand them.

May 31, 2019 08:03 AM #2
Rainmaker
2,917,628
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

CONGRATULATIONS Mike, on having this blog FEATURED in the Old Farts Club group!  

May 31, 2019 08:03 AM #3
Ambassador
4,422,894
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Mike:

I think you hit all the major reasons for homes not selling. Sellers have more control over some things  than others!

Jeff

May 31, 2019 11:14 PM #4
Rainer
521,200
Kimo Jarrett
WikiWiki Realty - Huntington Beach, CA
Pro Lifestyle Solutions

I believe, L3 is the most important element in real estate. Regardless, when a property is in a desirable location, the property will sell and usually sells fast and most times if priced correctly will sell more than the listing price.

Informing the sellers about the importance of L3 and your marketing strategies to overcome its effect should provide a sensible outcome of expectations and ensure the property is sold in a reasonable amount of time.

May 31, 2019 11:21 PM #5
Rainmaker
3,436,865
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Mike.

It sounds like you've done your research, or in your case, your history.  

Jun 01, 2019 02:17 AM #6
Rainmaker
2,388,784
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Mike - all of these reasons are spot on.  It is better to get everything right before it comes on the market.

Jun 01, 2019 04:31 AM #7
Rainmaker
506,244
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Agree with all your points.  Every Seller needs to be reminded before listing their property.

Jun 01, 2019 10:44 AM #8
Rainmaker
523,961
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

Arming your sellers with this info should keep them in check.  Itis better to walk away than to have a listing to expire for any of your reasoning.  

Great Post.  I enjoyed reading it.

Jun 01, 2019 04:32 PM #9
Rainmaker
1,049,153
Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Excellent post as always.  Smart advice to get the sellers to talk about price as they all have something in mind.  Sometimes it's like pulling teeth as they want to know what our price might be.  I've seen that frustrated look before!

Jun 03, 2019 06:09 PM #10
Rainmaker
401,635
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Great question that a seller might ask.

Trying to keep this question from coming up takes place at the listing presentation. The agent needs to know the market well and be able to present that information to the seller in such a way that they can see what adjustments to price/condition of property before it is listed.

Your points were on point.

Jun 10, 2019 12:08 PM #11