I suggest you a) have a conversation with your listing agent; ask her what are her plans for future marketing, what are the most recent comps, is a price adjustment necessary, where is she promoting, ask him/her to send you weekly or bi-weekly reports, etc... and, b) if you don't get satisfaction then speak to the managing broker.
Finally, if you really are unhappy check your listing agreement and determine how many days you need to cancel, most (if not all) listing agreements have an exit clause. Once you know that then comply and move on.
Hope this helps. Let me know if you have any other questions.
What is the average market time to sell a condo in your building?
How long have the other units been on the market?
Have units been selling nearby, and if so at what price points?
How does your unit compare to others that are currently for sale, under contract or recently sold? Look at what level yours is compared to others, what it looks out onto, finishes, etc.206 area cod
Has your agent followed up with the 6 showings you did have to get feedback about how the showings went?
If you were supposed to get an offer but didn't, how come? Did that potential buyer find a more attractive option?
If you're motivated to sell and need it sold, speak with your agent about what it will take to get it sold. Are they receptive to making any changes in marketing? Are you receptive to making needed changes to make your unit more appealing- i.e. Pricing, Staging, De-cluttering, Painting?
This all depends on your situation. Thumbs up if you found this helpful, and please select best answer if you found it really helpful :)
Good Luck! Let me know if you have any questions.
Paul Cionczyk| Coldwell Banker Residential Brokerage |Broker
312-433-9931 | PaulCionczyk.Broker@gmail.com |PaulCionczyk.com
I often tell people to interview several agents. Communication is what I stress in these interviews. I go over strategies that make sense. We do a marketing analysis. And, the important thing is I follow up. If there is nothing to report - no showings, no new ads, no inquiries, I still report because the seller needs to know this, too. It might be time to adjust the price or call the last agent who brought people by. If I have a number of listings going, I have my assistants call.
However, please keep in mind that selling a home is not an exact science and a lot of things are based on others - the market. If she promised marketing that you are not receiving, that is one thing. But sometimes people do not get back from showings and give feedback. That is sometimes difficult. And by the way, depending on the market, six showings in one month is pretty good. But if you are getting showings and not offers, there is a reason. Could be the home does not show well or seem worth the price. Ask her the questions but be open to real answers.
There are some people like myself who take this job is a professional way and do anything to please their client within reason and will do communicate properly.
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The Listing Agent is seldom also the Selling Agent.
There are hundreds of Agents, who have their own list of potential Buyers; the odds that your Buyer will come from that pool is a lot greater.
6 showings in month is not real great; but you shouldn't blame your Agent:
You should sit down with her and analyze everything.
Maybe you were realistic, and maybe things have changed.
Have her do a new CMA and see what it shows.
How have the Open Houses worked out?
I suggest that you discuss with your agent what your expectations are of her services and when it comes to the marketing of your home. Ask her what her marketing strategy is for the next month and tell her that you wish to be informed on any activity. Have her go over recent sales in your neighborhood on properties similar to yours to determine if you are still priced fairly.
Prudential Connecticut Realty