NMLS # 6395
Financing Kentucky one home at a time.
Good luck with your real estate endeavors!
Sharon Fritsche, Broker
Step By Step Real Estate, LLC
Making sure that your home is clutter free and appealing to the buyer is also important. Have you yourself seen how potential buyers see your home listing online? The majority of buyers are searching daily online and if your home isn't showing well on the internet with professional pictures then that could be some of the reason why buyers are not coming. Marketing is important!
Good Luck with the sale of your home. I'm in Clear Lake if you need a great realtor!
"A few phone calls and only one showing" in "a couple of weeks" means your house is overpriced.
If you have a Realtor, ask him/her to do a new CMA to determine the value of your home.
If you don't have an agent, then get one.
I assume you have hired an agent to list and market the property. That is first and foremost. If not I can refer someone good to you.
Best of luck. :-)
If it was priced taking into consideration the Comparative Market Analysis your broker did for your home, than I would look into the markerting.
Have your realtor re-evaluate the price and I am sure he/she will be able to find a way to bring in some traffic.
It's hard to say, since we can't see the actual property or know the reasons why it might not be selling. Normally the first thing to look at is the price. I highly recommend you contact a local agent to work with on this. Realtors are great at marketing being in the Real Estate market keeps us up to date on what is happening in our chosen areas.
Now, Buyer's will ask "why are they reducing the price?"
"Is something wrong with it?"
"We'll wait and see how low they will go."
Some Sellers find it hard to believe that the best strategy is to put a LOW list price to begin with; to attract multiple offers. You only get one chance to WOW them.
Now you just have dig out of the hole.
Joe Cano - Realtor/Locator
I personally don't like the idea of the Realtor Bonus as agents really don't choose the properties that they show their clients. There's too much information and access out there for a potential buyer to miss out on your property or not be able to tell their agent that they want to view your home if they find in on the multiple real estate sites available.
I hope this helps you get a better idea of the "homework" you have to do to ensure that you and your agent are working together as a "team".
Things to check include..
* Better photos! 32 photos are allowed on HAR.com and unlimited here on Trulia. They need to be a high quality photo and add detailed comments under each photo. Maybe a virtual tour video or slide show on YouTube.
* Confirm information in the MLS is correct. The home's data shows it is in the correct MLS grid, zip code, school zone. Correct sqft of interior, age of home, lot size, etc Review this with your agent.
* Advertising in the Houston Chronicle (and their web site) in addition to social marketing on Facebook.
* Public Open House. Not always a way to get the home sold quickly, but can generate some buzz!
* No restrictions on showing the home. Make is easy for the buyer's agents to show your home to others.
* Review activity in regards to new listings or homes that have recently went pending or have sold.
* Make Ready. The home needs to be "show model" clean! Yard looking great, clean windows, bright light bulbs and more.
If all this fails, then look at lowering the price. You might have started your asking price too high to begin with. Most sellers only come off on average of 3% from list price. You don't have to list the home very far from your bottom line. Make sure you know your competition before setting a realistic sales price. Typically my sellers and I review the price 45 days after being on the market.
Hopefully you have your home listed with a Realtor and you should discuss this option with them! If not GET ONE!! You are missing out on marketing efforts and professional personlized advice.
Good luck to you!