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We listed our house 33 days ago and it hasn't sold yet...I know the market is bad, but we did a COMPLETELY REMODEL at 113 Day Ave. in

Dyamagata
Home Seller
43055

Newark...and believe me..it blows the competition away in the $108-$120K price range. We had it listed for $114,900 and just lowered it to $110, 900. It was appraised at $120K due to upgrades.
We have only had 2 people come through to see it. One person wanted it right away, but the bank wouldn't finance them and the 2nd person loved it but decided to move out in the country.
What can we do to get more exposure...We know when the right person sees it...they will fall in love. Please help...dyamagata@yahoo.com

Answers (4)
Don Bush
Agent
Columbus, OH

MLS 2930487 does look great. Your Agent will know what to do. Current trends in our area are : Condition; Staging--it looks great to me, but a professional stager can advise how it looks to prospective buyers; Price--while it seems right, if it is not getting showings, you must change it; Exposure; it looks good, but may need some different approaches. Meet with your Agent, they have these resources.

Fri Sep 25 2009, 06:43
Bill Eckler-Flo...
Agent
Venice, FL

It is commonly understood that selling real estate successfully involves the following:

1. Price

2.Appeal

3. Visibility

If you are working with an agent you should be speaking with him/her about how these issues relate to your property.

Providing you have an agent, it can take several weeks to get a comprehensive marketing plan in full swing. Consider talking with them about what they are doing to market your home specifically. print advertising, internet presence, open houses, corporate marketing etc.

Best wishes,
The Eckler Team

Fri Sep 25 2009, 04:49
Patrick Thies
Agent
Elmhurst, IL

The market conditions in your area are going to play a huge factor on your house selling. What is your competition? How many houses are on the market in your area? How are economic conditions affecting your area? Is anything else selling in your area?

Looks like there are about 35-40 other houses on the market in your zip code. While your house looks good, this is a lot of competition. It's basic supply and demand. A lot of houses not a lot of buyers it takes longer to sell. 33 days isn't that long in this market. How your house compares price wise is also going to factor in. Buyers look in a price range. See how you fall with what else is on the market. Are you at the high end, low end or in the middle.

Your house is enhanced on Realtor.com. and it's on Trulia. 90% of buyers start their search on the internet so you have the exposure there. Maybe realtor tours or open houses will help. Ask your agent what others do in your area. Good Luck

Thu Sep 24 2009, 19:17
Jim Walker
Agent
Roseville, CA
FIRST ANSWER

Market it like a real estate agent would market it. or hire an agent to that for you.

Exposure is the key. I am in the exact same position as you. I rehabbed a house in Sacramento and have lowered it from $118,800 to 99,500. Yet there are so many short sales and REO's in bad condition in my city that a lot of buyers are dreaming that they can buy a rehabbed house for the same price as a dirty one.

When you have a property in good condition like yours or mine you sometimes have to suffer through a little extra time on market and spend more time and money on advertising, showings and open houses. The cheapest houses get shown over and over, but might not sell due to condition, financing, and uninhabitable status..
I am confident my house will sell for its current value if I keep it on the market. However, several inquires are from renters. That is an acceptable alternative to me.

Thu Sep 24 2009, 18:33

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