With inventory at records lows across the board, if you have a home on the market and not getting offers it is priced TOO HIGH!!
We are seeing multi offers on just about everything these days. Homes that are overpriced will be ignored.
Please, consult with your agent and try adjusting your price.
Take advantage of this seller's market (while it lasts)
Best of luck to you!
Kawain Payne, Realtor
Time ro take a serrious look at a major.price reduction. At least $10,000 reduction.
Buyers are very.savey theses days. They look for bargins, just like each.of us does when shopping for trinkets
Talk to your.listing agent.
Best of luck
Another reason may be the interior decor. Most buyers have a difficult time imagining what the home will look like when they buy it if it is too personal to thew current owner. By that I mean, too many family pictures, eclectic objects (ie: out of the ordinary art objects; objects that may only be of interest to the current owner), too much clutter, etc. Paring down your personal items and giving the interior a less cluttered look is a good start.
You should try to imagine what a neutral party would think of your decorations. What may look great to you does not necessarily mean it looks great to everyone. You want your home to appeal to the largest number of people possible.
Finally, your agent may not be doing his/her job of promoting your property.
If you do not have an agent contact me and I will be glad to give you an unbiased assessment of your home.
Gary R. DeFilippo
Licensed Real estate Sales Associate
Think like a buyer. Ask yourself why would a buyer choose your home over one of the competing homes for sale. Like you and I when we buy goods and services, Buyers want a good value for their money.
When buyers make a list of which homes they want to see, they don't think, "let me find the most overpriced homes available that I can see." They make a list of the best homes/best value. If your home does not have the right "price", "presentation" and "promotion" your home will be on very few, if any, buyers' list.
Is your home a good value compared to the competition???
no showings = priced very high and or no or little promotion.
few offers or very low offers = buyers are not perceiving your property as a good value at the listing price compared to the competition. so it's priced above its market value and or no or little promotion.
If you have an agent, talk to him/her. if you don't have an agent, get one fast.
The lack of market activity is generally tied to one or more of these factors. Consider talking with your agent about these issues relative to your home.
Would Need to know more info and would be glad to help but for the best way for a realtor to answer your question regarding why your property might not be selling is to view it and to gather more info. More often then not if a property isn't selling is because of listing price but there are other factors that can be contributing to your issue. If you would like I would be more the happy to acess your issue with no commitment's to you
Robert Defalco Realty
If you have a listing that isn't selling I would really need more information to best answer it. The majority of agents here are saying "priced too high", while my gut 100% agrees with that we should really ask more questions first:
1. Are you getting lots of showings but no offer? This could be price but it could also be the home itself and how it presents itself. Did you adjust the curb appeal to be its BEST shape, is the house clean and not cluttered, is it clean - and yes I mean "really clean", does it smell from pets or smoking? There is more than price to look at.
2. Are you getting NO showings or very little showings and the marketing looks good and its on the MLS - if so, most likely price.
Its hard but before you look at price do this - walk out to your curb and face the street, take a deep breath and pretend very hard this is not your house that you love so much, pretend you're looking form a buyers eye - turn around. Look at the house, walk around it, walk in it and really be objective and remove you're love for the house and see it as four walls on dirt for sale and ask "If I was the buyer is this house in top shape, shows excellent and is 100% move in ready with zero work to do" or, do you see things to improve on.
Price is typically the reason but you need to know if you're even getting lookers and also you MUST LOOK AT YOUR HOUSE LIKE A BUYER WOULD and that will tell you if its really showing at its best.
Best of luck to you.
1. Get a Realtor with credential. Make sure its somebody that have a free budget to advertise you property.
2. Listen to your Realtor and to his advise. Its can be invaluable
3. Don't be greedy on commission: you can't underestimate the power of money (greed!!!)
4. It takes two to tango: make sure you accommodate as many appointments as you just can
5. Have some positive energy and you'll sell your property in no time
EVERYTHING SELLS AT THE RIGHT PRICE! GUARANTEED!
Ask yourself why a buyer would choose your home over the competition.
Like you and I, buyers want a good value for their money, especially when buying a home.
Talk to your agent about your asking price and the marketing.
The knowledge and experience of your Realtor is a valuable asset, so make use of it.
If you don't have an agent, do yourself a favor and get one.
thank you and good luck
When a home isn't selling this can be frustrating no doubt. You're not saying anything regarding whether or not your home is listed with a realtor, where is it being marketed etc... there are many factors involved. Is your home listed In the correct price point? how is it being marketed and where? Does it stand out from the crowd? Is your home being showed to prospective buyers and if so what is the feedback.
The housing inventory is at a 14 year low and buyers are buying. Most homes are receiving multiple offers so there is no reason your home shouldn't sell. There is a need to analyze what is happening with your house to determine what the issue are, sometimes a few minor adjustments can correct the situation and result in a successful sale.
If you'd like to discuss this further please don't hesitate to contact me at (718)966-9669 I'd be more than happy to look into it further.
Best of luck to you Josephine.
We have found that 98% of the time, when a house doesn't sell over a protracted period, it is because the LISTING PRICE is too high:
The Buyers, and their Reltors, are just by-passing your house.
Have you had a Realtor do a CMA to determine the Market Value of the house?
True, the Market is going up; but the listing has to be close to the M.V.
Many Realtors would prefer to have the Listing Price below M.V. to encourage multiple offers.
Whay does your Realtor say?