Without seeing the house/lot, reviewing zoning, examining comparables, etc. it is impossible to give good, detailed suggestions.
Pick a couple agents to come out and give you a good market analysis and come up with specific things they would do to address the unique nature of your property.
Dylan,
From your other question I am assuming you mean there is a commercial building next to your home that is being used for office space. Is this correct? If so, that could be the reason your home is not selling. Many people do not want to live next door to any office buildings, no matter what the price of the home, so it could mean you will have to either lower your price even more than it already is, to attract that special buyer, or expect to have a very long market time to get the price you are looking for.
If you have any more details you would like to share, it might help me better understand your situation.
Dylan,
I agree with Keith it sounds as if you need someone to market and sell your home not just "list it". Now of course I do not know your market or any of the specifics but, as Keith said your first priority is to find the righ agent for what you need. So interview them for the job. Ask them specifically what would be there marketing plan if they got the listing? Where would they have you in print and on the internet? What kind and how often do they want communication from them to you? Really nail them down. You have just gone through one situation so now you know what you don't want. Have them run a whole new CMA and see what the market is doing in your area and make sure you are both on the same page on the price. Maybe offer a home warranty to the buyer they are not that expensive and something that might make you stand out againest the competition. What is your competition, have you and the agent looked closely at who you are competing againest for those buyers?
Good luck and happy house hunting hope this helped,
Larry Story
Coldwell Banker Triad
Dylan
Without seeing your home and its location, determining value and why it didn't sell is difficult. Since 6/1/2007 to today for Maplewood 5Brs (11) Active ranging from $199K-$529K ; (1) Pending at $879K; (18) Sold between $187K and $565K; the remaining (42) were Expired or Cancelled. This represents a 25% sale ratio since June 2007. My suggestion is to get another Market Analysis done by another Realtor that would be first. You could go as far as having an appraisal done and compare results. When the property sells, ask the lender if they can use the appraisal for the buyer (Maybe- Maybe not).
With Maplewood's city line dimensions and some many home price variations, it's important to get that qualified Realtor in for that new opinion!
Dylan
Sounds like a really interesting property. I would suggest interviewing Realtors and looking very hard at three things:
1. How clearly does the Realtor understand what you want to accomlish by selling?
2. Does the Realtor tailor the marketing plan to your property, or is it just cookie cutter?
3. Look carefully at the comparable properties AND the market conditions. If you have any feeling that the Realtor is "giving you your price", we call that "buying a listing". In most markets a properly priced and marketed home will receive offers and will sell. If it does not receive showings, then that is a problem, usually price, although perhaps accessibility. Showings and no offers, probably price.
Goodluck
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