Reducing the price is always the easiest, fastest thing to do. It is not necessarily the wisest move to make right away. Make sure the house is not cluttered and shows really well. If you don't already have an agent working with you, you want to find an agent that is an expert at marketing homes in your area. I live in South Philly myself and have a great deal of experience in selling houses in the area. My advice would be to wait until late February or early March 2010 to list the house for sale. When you put it up for sale, make sure you have beautiful, sharp pictures for marketing the property. Plan an open house and flyer the entire neighborhood with Open House Brochures stating the date and time. You really want to generate buzz about your house with all your neighbors. If you are on a good block, neighbors always have friends or family who are looking to move onto the block. If the street is that bad then you have to get creative. If you are not yet working with a Realtor, please feel free to call me to discuss your situation and how I may be able to help you sell your house. Have a great day.
All the best,
Your Real Estate Resource For Life
We are having the same problem with a listing we have in the art museum area. We are getting negative feedback about the block but the home is a great rehab. It is frustrating because some buyers are not even going into the home. We cannot do anything about the block of course but what we can do is offer a few things to help the showings. Possibly offer an incentive to the buyers agent. If the agent has an incentive he or she will be more likely to direct the buyer into the home rather than just driving away without showing it. You can try to give it more curb appeal with making sure the block is clean and free of debris during showing days, adding flower boxes and possibly painting your door a brighter color to give it some pizazz. That being said price is always the best option. If you are priced right for the block then you will sell and I understand that that is not always what sellers want to hear but it is the reality. We cannot overcome conditions and the appearance of a block is a huge condition. If I can be of more help to you please call me directly.
Coldwell Banker Preferred
223-225 Market Street
Philadelphia PA 19106
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This may well be a curb appeal issue. It may also be an issue of the cleanliness of the street, or parking in the vicinity. Also, what are the lifestyle upsides or your property? What you are trying to determine is 'Who is the ideal buyer', so that you can fine tune the marketing.
Although you have reduced the price, it may remain 'Overvalued'.
I strongly recommend that you speak with a seasoned realtor to digest the entire problem and come up with an effective plan of action.
If you are not already working with a professional, I am happy to work with you.
Charles Balducci, 215.531.2000
If you have the most beautiful house on the block, the rest of the houses will drag yours down.
You cannot fix/change the block. The only thing in your control is your OWN house (which is already well kept) and your PRICE. Talk to your agent and ask for a fresh CMA, and adjust the price downward if you must.
How are you doing? I have a house listed at 19148 area as well, between 7th, 8th & Ritner Street. The biggest effect of a listing is how to attract the buyer's agents, as well as the buyers. Therefore, the way the home is being marketed is extremely important! Especially buyers in today's market, a majority of the buyers look on the Internet for homes, and will most likely ask their agents to show them the house that they pick out that they would like to see.
Moreover, it all depends on the agent who is doing the marketing of the home and if they are exhausting all methods to get the home sold. Knowing how to market a seller's home on the Internet is very crucial now-a-days, due to the fact that the Internet is where everyone turns to look for information in today's world!
If you are not currently working with an agent, or if your listing contract has expired, and you would like to learn more of my company's marketing plan, as well as my own techniques that I use to market my sellers homes, please feel free to email me at Phong.Lam@c21ag.com or give me a call at my cell. I will be more than happy to assist you further with the marketing plan!
CENTURY 21 Advantage Gold
2010 Oregon Avenue
Philadelphia, PA 19145
Business: (215) 465-1400, ext. 508
Fax: (215) 336-7793
Mobile: (267) 918-1880
Maybe hiring someone to sweep your street daily? A local person who lives on the block.
I would need to know more specifics to help you further.