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Liz and Bill Spear
RE/MAX Alliance 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Alliance Cincinnati & Dayton suburbs

It would appear marketing is doing its job, you've got plenty of feet through the door.

What you don't have is a price that makes at least one buyer overlook the power lines (assuming there are no other significant negatives that can be addressed).
You can't change the power lines, so unless you've got another characteristic of the home that can be changed to overcome the objection, it's either tweak price or be patient until the one buyer comes along that doesn't object.

Sep 15, 2020 06:43 AM
Rainmaker
938,105
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

"There is no defect that price cannot cure."

Sep 15, 2020 07:04 AM
Rainmaker
5,767,371
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

When it comes to wires, I would advise getting the latest report from the power company as part of the marketing package.  And price does come into play also.  A

Sep 15, 2020 09:02 AM
Rainmaker
1,346,119
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

It's not the power lines, it's your price.

I'm selling in the same situation with multiple offers. Lower your price.

Sep 15, 2020 07:19 AM
Ambassador
2,047,349
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

You could call the power company and see if they will give you a report that measures electric/magnetic fields. I think many will do that for free. Then, assuming it indicates safe levels, attach document to listing.

And of course lower the price.

Sep 15, 2020 10:09 AM
Rainmaker
1,424,650
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Liz and Bill Spear have a great answer for you.  Have you gotten feedback from the agents?  A sampling of the 75 should tell you if there is anything else that needs work, in case the power lines are not the only (or main) issue.

Sep 15, 2020 08:56 AM
Ambassador
4,721,167
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It's all about the price, and the perceived value given the wires. You've had plenty of traffic and the message is pretty clear.

Sep 15, 2020 07:54 AM
Ambassador
3,145,179
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

As others have said, a price adjustment tends to cure the issue with power lines. Bill of Liz and Bill Spear nails this. 

Sep 15, 2020 07:35 AM
Rainmaker
1,048,084
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

All 75 potential buyers objected to power lines? Are power lines disclosed in your listing on MLS? I suspect the price point may be an issue.

Sep 15, 2020 08:15 AM
Rainmaker
994,162
Diana Zaccaro Broker Associate
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Disclose the power lines in your MLS listing, both in the photos and narrative as well as seller's disclosure. If you've had that many showings with no offers, it makes me think that you have not disclosed that and people are scheduling showings but losing interest when they see that.

Assuming there are no other defects, you probably need a price reduction as well.

Sep 15, 2020 11:13 AM
Rainmaker
843,962
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Power lines are a potential health issue primarily for children. At the right price, different age groups might bite.

Sep 15, 2020 10:24 AM
Ambassador
2,604,443
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

       A neighborhood in northeast Tallahassee has cross-country powerlines running through the middle of it, and a cell phone tower and a water tank tower right in the middle of that subdivision.  Those houses sell at full price in a matter of days. 

     As others said, reconsider the asking price.  Bring in an appraiser if necessary.

Sep 15, 2020 08:48 AM
Rainmaker
1,759,139
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

No power lines for that price.

Sep 15, 2020 10:14 AM
Rainmaker
6,961,853
Roy Kelley
Retired - Gaithersburg, MD

Reduce the price and call your investors.

Sep 15, 2020 09:20 AM
Rainmaker
2,051,130
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Look for a Smoker ?

Sep 15, 2020 06:39 AM
Rainmaker
4,507,336
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

75 showings, no bites, adjust the price!

Sep 16, 2020 04:26 AM
Rainmaker
1,000,043
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Are you planning to show this string of comments to your seller?

Sep 15, 2020 04:26 PM
Ambassador
1,860,652
Alan May
Jameson Sotheby's International Realty - Evanston, IL
A moving experience!

It's all about price.  Your marketing efforts have brought 75 potential buyers through the property, but they have voted with their feet and have not brought you an offer (apprently not even a lowball one).

You need to either a) remove the power lines, or b) reduce the price to a point where the price is attractive enough that the nearby power lines become less important.

Sep 15, 2020 01:11 PM
Rainmaker
2,066,074
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Power line...

Sep 19, 2020 10:55 AM
Rainmaker
1,598,130
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Condition?

Sep 16, 2020 05:48 PM
Rainmaker
961,413
Peter Mohylsky. BRIX REALTY
Brix Realty - Destin - Miramar Beach, FL
BRIX REALTY -DESTIN

How long has it been on the market?  I would wait unless this is over DOM for that area.  Power lines were an issue and still are for some folks but not all share that concern.  

Power line study

In conclusion, there are no known health risks that have been conclusively demonstrated to be caused by living near high-voltage power lines. But science is unable to prove a negative, including whether low-level EMFs are completely risk free. Most scientists believe that exposure to the low-level EMFs near power lines is safe, but some scientists continue research to look for possible health risks associated with these fields. If there are any risks such as cancer associated with living near power lines, then it is clear that those risks are small.

Sep 16, 2020 07:43 AM
Rainmaker
2,124,472
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Find an electrician for a buyer. Juice is their life. No big deal. Anything will sell if fairly priced. Anything not matter what negatives. Attractive pricing hides a multitudes of sins.

Sep 15, 2020 02:32 PM
Rainmaker
4,430,915
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

You can't get rid of power lines... but you can adjust your price. At the right price someone won't care.

Sep 17, 2020 08:57 AM
Ambassador
3,604,560
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Alert and disclose the power lines. That should eliminate those 75 who objected.

Sep 16, 2020 10:30 PM
Rainer
2,910
Maria Villenas
EVOL Realty LLC - Houston, TX
Inner Loop Real Estate Agent

Stay in curiosity.  What is the objection? Are they concerned about the insurance going up?  Are they concerned about their property value going down?  Are they thinking the home is prone to a fire?  You can pullout some statistics to ease their fears.

Sep 16, 2020 03:48 PM
Ambassador
2,758,404
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate Brokered by Real - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

A little patience is necessary or a price reduction might get more interest.

Sep 16, 2020 01:24 PM
Rainmaker
3,376,034
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Price cures all. Meaning that once the price hits a point, it will be worth it to someone to over look the powerlines to buy this home. 

Sep 16, 2020 05:41 AM
Rainmaker
786,078
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Price overcomes all objections. 

Sep 16, 2020 04:44 AM
Rainmaker
523,338
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

I have had a couple of listings with the green monsters , everything will sell at a certain price point.

Sep 16, 2020 03:18 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Those powerlines do seem to lower the value of properties, you likely need to lower your price until you find the buyer that is willing to overlook those hazards.

Sep 15, 2020 07:14 PM
Rainmaker
589,922
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

If it is a really big problem on the street, sometimes the nearby owners will get together and pay for power lines to be put underground.  That's the talk in one of mine.  If it's only yours, well, that would be a big burden. And, yes, that will make for a drop in the comps if the others don't have that.

Sep 17, 2020 10:01 AM