your home in order to attract attention there have to be several elements falling together
a) great photos on the internet, which requires a well furnished or well staged home!
to bring the buyers in and have them interested after seeing the photo
b) the property needs to be priced RIGHT and if necessary the price needs to be adjusted to the
surrounding homes that have recently sold, or are currently on the market similar to yours
if the price is not right....you will not get the amount of interest you need to get a good offer
c) So staging, great photos, and a good solid, very competitive price (believe me nobody likes to
lower the price, but if you want or need to sell, your price needs to be competitive as we are in
a buyers market with more homes available for the buyers to chose from, and less buyers
ready, willing and approved to buy...
As far as a new agent, if you trust your current agent, and you know from him or her, what they are
doing as far as marketing advertising, internet presence, etc, and keeping you informed about
the competing homes and those sold in your area, another agent will just do the same. Work with
the one who already knows you and your home well, and discuss what else can be done.
Staging may cost a little but will make a huge difference, unless the size of home according to your
Realtor staging will not make a difference and the home shows well vacant, vacant homes though always give the buyer the impression that you the seller are out and are desperate to sell, and
they will come in with low offers...
You know taking it off over the winter, will cost you taxes, maintenance winterizing, snow plowing
etc. heating and more, and nobody will see your home, may be over the vacation weeks, discuss
that with your Realtor and make an educated decision. There will probably be less homes on
the market during the winter and you will have LESS COMPETITION..... wEIGH THE PROS AND CONS WITH YOUR TRUSTED REALTOR
You should change a Realtor only if you are truly unhappy, or have no good feedback and communication with your Realtor, but first sit down and discuss your situation and then decide
whether you actually do need to work with another Realtor, this should be your last decision.
Good Luck to you
Edith YourRealtor4Life & Chicago and Northern Illinois Expert
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The property has to be off market for a full 90 days in order for MRED (our MLS) to allow the 'market time clock' to reset to zero.
I understand that you don't "want" to reduce the price, but you should take an objective look at the market (have your agent run a fresh CMA... after all this time, it's changed)... and if you need to reduce to be competitive... just do it. Nobody today is buying over-priced properties, and even for those few who are foolish enough to do so, the home won't appraise, and their lender won't allow it.
Unfortunately non-qualified buyers aren't really buyers. My current listing in Carpentersville has had a month long delay in closing due to issues at the lender, so even qualified buyers are taking longer to close than normal in many cases. Has your agent let you know what is going on in the marketplace? Recent comparable closings, new listings, showing activity, etc? Knowing what is happening in your marketplace, and what you are competing against, will help you make actionable decisions.
Time on market is a negative for sellers, but it is not a deal breaker. Price is ultimately the #1 driver, and beats all other aspects of selling. You can contact an alternate agent to get their opinion on how you are positioned versus the competition. They may be a good resource to help validate your agent's approach, or may lead to a change.
I agree with Maria. There are many factors that could be the problem along with the comps in the neighborhood. It would be better to have an address to really assess that tho.
Feel free to give me a call if I can help further.
There are some factors why your home hasn't sold. Poor marketing? Price? Location? Condition? If you have doubts, I suggest seek a second opinion.
Feel free to contact me with any questions you may have.
NMLS # 6395
Financing Kentucky One Home at a Time