6,424,196
There is a buyer for every property, if it is priced and presented right then just be patient and they will come along.
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
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Tony and Suzanne Marri...
Scottsdale, AZ
-
Steffy Hristova
Tempe, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Susie Kay
Plano, TX
-
Joseph Domino 480-390-...
Scottsdale, AZ
-
Barbara Todaro
Franklin, MA
-
Bob Crane
Stevens Point, WI
2,684,769
Showings have good, all feedback has been positive... but no accepted offer. Review the price once again.
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Steffy Hristova
Tempe, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Steven Nickens
Wailea, HI
-
John Juarez
Fremont, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Susie Kay
Plano, TX
-
Joseph Domino 480-390-...
Scottsdale, AZ
-
Lyn Sims
Schaumburg, IL
5,772,957
Sometimes, you may want to change the flower pots at the front door or add some to change the perception of the front door...or add more plants. In commercial real estate, we had the owners paint the building white, and that did the trick...Since I don't know the house, this is the best I can do. A
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Steffy Hristova
Tempe, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Dr. Karen Lewis, Broke...
Fort Lauderdale, FL
-
Susie Kay
Plano, TX
-
Joseph Domino 480-390-...
Scottsdale, AZ
-
Lyn Sims
Schaumburg, IL
-
Fred Griffin Florida R...
Tallahassee, FL
1,847,621
I would refresh all my online marketing for starters. You need bodies in the door!
Someone did mention this but try a new main photo. The MLS feed will send out refreshed info for you. You are now working off the price reduction that just showed up.
What's too long market time for you? 2 days?
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Steffy Hristova
Tempe, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Susie Kay
Plano, TX
-
Joseph Domino 480-390-...
Scottsdale, AZ
913,968
Keep marketing. Review all incentives sellers can offer. Closing cost help, pay 6 months worth of hoa fee, new photos, etc.
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
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Steffy Hristova
Tempe, AZ
-
Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Joseph Domino 480-390-...
Scottsdale, AZ
-
Lyn Sims
Schaumburg, IL
511,064
Obviously, the price is going to be the biggest factor. If people don't want it at the current price, then maybe they will at a lower price.
But first, you have to make sure you and the seller have done all they can to make the house desirable. Cleaning, painting spiffing up the place. Decluttering. Place flowers inside and out. Open the blinds and drapes. Make the house easy to show.
Every showing should be like a first date.
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
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Steffy Hristova
Tempe, AZ
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Nina Hollander, Broker
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Susie Kay
Plano, TX
-
Barbara Todaro
Franklin, MA
5,257,589
Hi Erika!
Refresh the listing and review the price. At the right price, even ill-staged, poorly maintained homes will sell!
After you've refreshed it - invite those who have seen the property back.
Also, did you notify all of the agents who had shown it in the past when you reduced the price $10K?
Good luck!
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Steve Higgins
Kelowna, BC
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Steffy Hristova
Tempe, AZ
-
Richard Weeks
Dallas, TX
-
Nina Hollander, Broker
Charlotte, NC
-
John Pusa
Glendale, CA
4,583,990
These options are best discussed prior to the property hitting the market.
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Steve Higgins
Kelowna, BC
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Steffy Hristova
Tempe, AZ
-
Richard Weeks
Dallas, TX
-
John Pusa
Glendale, CA
-
Debe Maxwell, CRS
Charlotte, NC
1,598,452
What do I do?
Call owner and aks for permittios in writing to reduce the price.
Some of them DO NOT WANT to do it..............
Continue to show and cry...
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Richard Weeks
Dallas, TX
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Mott Marvin Kornicki
Sunny Isles, FL
-
Barbara Todaro
Franklin, MA
-
Bob Crane
Stevens Point, WI
1,057,414
Change up the marketing - START OVER from scratch and whatever you've been doing, do something else.
Change up the curb appeal and have new photos done.
I would also, if you have not been doing this, do FB sponsored posts. Really amazing results here!
And you know, some homes just. take. longer. to sell!
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Steve Higgins
Kelowna, BC
-
Steffy Hristova
Tempe, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
1,389,105
It always comes down to price. Buyers will overlook a lot of things for the right price.
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Steffy Hristova
Tempe, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Susie Kay
Plano, TX
-
Joseph Domino 480-390-...
Scottsdale, AZ
5,244,598
It may not be correctly staged, condition not up to par or location. It could be all of the above which means price is an issue. Who knows without more details. Ponder carefully. Good luck
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Steffy Hristova
Tempe, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
1,506,773
Doing staging and redoing the photos and write up
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Steffy Hristova
Tempe, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Candice A. Donofrio
Fort Mohave, AZ
509,449
If the seller is not in hurry to sell, then I would wait until the right buyer comes along. Having said that, there will always be a buyer at the right price. So reducing the price may attract some buyers who will accept the smaller yard for the price. Is the property in Austin our outside Austin? What is the average days on the market for the subdivision? If you've done everything you can, be patient about it.
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Steffy Hristova
Tempe, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
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Steve Higgins
Kelowna, BC
-
Susie Kay
Plano, TX
5,583,328
it all reverts back to price.... at some price point, there will be a buyer who will not find this home for that price.... and they'll take the small lot...
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Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Joseph Domino 480-390-...
Scottsdale, AZ
-
Barbara Todaro
Franklin, MA
1,712,876
Price, contract conditions, and location is your only control.
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Steffy Hristova
Tempe, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Joseph Domino 480-390-...
Scottsdale, AZ
-
Barbara Todaro
Franklin, MA
3,350,439
I have never had that problem. As odd as it sounds - it is true. 15+ years in the business and homes never sit for too long.
If it did, I would look at my marketing and freshen all and continue to market the pants of the home!
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Steffy Hristova
Tempe, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
7,870,209
Clean it up to sell or keep reducing the price.
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Steffy Hristova
Tempe, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
808,679
Generally it's the price, but it sounds like that is not your case. Try staging it or decluttering. Does it need up to date paint colors? Do they have warm light bulbs if so try cool lighting. The lighting was something my wife did in our home and what a difference it made, our home is so much brighter.
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Steffy Hristova
Tempe, AZ
-
Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
759,785
We used to cancel it & relist it - it restarts the clock for "Days on the market", it puts it back on the Hotsheet & it sends the listing out to every match in ListingBook... sadly our MLS wisened up to this so that ship has sailed.
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Debe Maxwell, CRS
Charlotte, NC
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Steve Higgins
Kelowna, BC
-
Anthony Acosta - ALLAT...
Atlanta, GA
519,324
Reexamine what you've done and consider refreshing things. Are the pictures bright, clear and effective? Are there captions for each one? Are the descriptions both functional and using emotive language when reasonable?
Have some of the active comps gone under contract since you were listing? Do you know "why them and not yours"? If not, is your market taking a break?
Was $10k enough? Sometimes it takes a bigger plunge to create the value proposition necessary to shake loose an offer or two?
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Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
2,071,025
I know, the marketing OK, showings on time. Low offers.
Only the PRICE. Some sellers impossible to convince to lower the price. Time will go by and listing expired, and they will list again with next agent and list property at the higher price...
That happened to me this year.
How I felt? Relieved. Better lose with smart, than gain with ...
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Debe Maxwell, CRS
Charlotte, NC
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
2,222,275
Reduce the price.
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Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
4,906,637
Price, condition, marketing. Which one is not up to par?
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Debe Maxwell, CRS
Charlotte, NC
5,115,878
At the end of the day it still comes down to price. At the right price everything sells regardless of condition and location. Can't comment about the breadth and depth of your marketing since I don't know what that is. But that, too, might need an adjustment.
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Debe Maxwell, CRS
Charlotte, NC
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Steve Higgins
Kelowna, BC
3,988,013
Price is the only remedy if all else is okay with the property. You may need to take off the market and give it a short rest and relist. It sounds like it was at too high a price too long and has become invisible to buyers.
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Debe Maxwell, CRS
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
4,319,773
Erika Rae Albert, Austin Real Estate Expert - sometimes this happens.
The only way is to hope for the right buyers. That does not mean you stop marketing or lower the price. Lowering the price brings in the buyers no matter what. (And what you think as the fair price is something that others may not agree to.)
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Debe Maxwell, CRS
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
1,325,759
Every house sells at some price. In our market, nothing sits unless it is overpriced. I once had a listing that I thought was well priced. We did get showings and offers. The offers did not reflect the value of the property in my opinion and in the opinion of the seller. The property did not sell and the listing expired.
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Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
4,966,102
Has to still be a price issue.
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Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
343,050
Try offering a BONUS to the selling agent for a quick sale, add new photos - rearrange the photos, reduce the price again, open house...
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Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
4,181,025
Erika Rae Albert, Austin Real Estate Expert you can reduce the listing price, hire a professional home stager.
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Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
1,153,794
This sounds like more of a competiton thing than a price thing. You'll need to determine how to become the #1 competitor in the neighborhood and most of the time you'll find you've been undercut since the initial listing date. Reassess and declare its value in your marketing if reasonable.
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Debe Maxwell, CRS
Charlotte, NC
67,369
I just had this happen! I acutually invested in more adertising on Facebook, instragram and held an open house. Within 7 days I received 2 offers and the home is under contract.
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Debe Maxwell, CRS
Charlotte, NC
3,071,489
4,800,132
It is, in fact, most likely a pricing issue.
-
Debe Maxwell, CRS
Charlotte, NC
1,574,666
It is always the price.... feedback is rarely "from the heart!"
-
Debe Maxwell, CRS
Charlotte, NC
902,388
There is reportedly an old Chinese saying: "when business is slow, paint the counters"... Spruce up your campaign and/or house!
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Debe Maxwell, CRS
Charlotte, NC
1,390,113
2,195,069
Time for a Price Reduction (the public has voted by their indifference)
3,986,308
5,879,125
921,504
The things we tell ourselves that we want to believe.
#1. Are you doing your job? If level 1 and level 2 showing are 10 times monthly sales, you ARE doing your job. The market place is not SEEING the value.
#2. What makes those homes that SOLD different that this property? If lot size is the issue, your choice is wait for someone who dislikes maintaining grass or compress the time-line with a price adjustment.
#3. What feature can be added to equalize? In one case the SOLD homes all had that extra room that could be used as an office. The storage room was equipped with lights, chair rail, and office looking below rail decor. Total investment $93. Next offer was $37,000 higher.
#4. Have a chat with owner regarding seller incentive. This works exceptionally well with a open house PURPOSED to 'sell this house.'
I have statistically proven those sellers with quality real estate who are willing to wait will sell for a higher price. Too often 'too long' is a phrase created by marketers to compel agents to put a price beat down on the home owner. Ethical of course.
4,434,177