If you are serious about moving, begin by packing up a lot of your knick-knacks, photos, etc., and remove most of your photos from the walls. Store the items in boxes in the garage or attic., and even placing the boxes in a corner of a room is okay. Trust me, buyers will overlook those boxes, but the visual will do two things for you: it will show prospective buyers that you are serious about moving, and it will create a sense of urgency to the buyer. Youâ€™re going to have to pack anyway, so why not begin now? Depersonalize your home so the buyer can imagine themselves living there.
Some Realtors will also take a listing at the price the home seller wants. But that's a very bad idea because the first few days your house is on the market are the most important. Overpriced homes miss the best opportunity, and often miss many prospects who could qualify to purchase your home. New home construction prices can also drive down sales prices of older homes, so pricing is tantamount from day one!
I hope this helps you and any other home owner looking to sell in today's buyer's market. And if you have any other questions, please contact me through my website.
Frank Biganski, Realtor, ABR
As we all know, Bank of America (Moody's payoff) took the entire USA and much of the global economy down the toilet the following years. Padding the price to give room for negotiation in front of the economic cliff that followed was hardly the problem for this home seller.
In 2014, the strategy described results is a list price 30% above the price for which it will sell. Absolute silence from the normal real estate market is the predictable outcome.
It appears in Chesapeake VA Realtors are in hot pursuit of expireds, withdrawns, and FSBOs.
Best of success,
Annette Lawrence, Broker/Associate
Palm Harbor, FL
When a home comes off the market (expired/ withdrawn) many agent who were riding the wave of our crazy seller's market were left out in the cold. The phone stopped ringing and if they wanted to continue in this business they had to go after opportunities. I'm surprised you only got six calls from realtors.
Your choice of agents is critical to your bottom line, unfortunately you've realized this too late. Your agent should be in communication with you weekly, they should be keeping you informed of new sales, listings, pendings, etc., informing you of trends and feedback, so as to "drive the market". The good news is that it's spring and the buyers are out, so get that house staged and priced to sell ASAP. You can sell this home!
From Local Agent a good website from your agent is also very helpful......
Sellers need to realize they need to interview at least THREE Realtors when listing a house. LOOK at their CMA, and pay specific attention to the solds. ASK questions like "how many open houses are you going to do", "What ads do you run", "what else are you going to do to sell my home".
You are paying a commission to them, make them earn it !
If you need to, get them to put it in writing what they will do. If they don't do, call them on it. If they still don't do it, call their broker.
It's a different market , and it takes agressive pricing and marketing to get a home sold.
Keep in mind, that even if you have a very aggressive agent marketing your home, it may still take some time. However, most sellers aren't as irritated if the agent makes a strong effort to sell their home.
I wish you the best of luck with your home.
Remember, when you put your home on the market.... Interview at least THREE agents with well known companies.
Your native local Hampton Roads Expert
William E Wood& Associates
Great Bridge Office
P.S. Don't you enjoy the agents that sound out automatic letters and postcards to withdrawn and expired listings? You have to love that personal touch...!
The link below shows 4-bed, 3-bath homes currently listed on Trulia in Chesapeake. Perhaps you can find some comparable listings that will provide some insight into your current situation. If you click on the 'Recently Sold Homes' tab under the map you can also view the prices that such homes have sold for in the past few months.
I hope this helps you.
Customer Service Representative