What is the sales market for 54241 area have had house on market for over a year. Have it listed with a

Kay
Home Seller
54241

realtor and when shown people like it but that's all that happens. At a stand still any help would be appreciated.

Answers (5)
Best answer: Polly Briley
First to answer: Rosie Morot-…
Judy Stuebs
Agent
Two Rivers, WI

Maybe you need to try another agent. Another Company might have things to offer that your current Company does not.

Thu Oct 8 2009, 08:19
Mini Samuel
Agent
53142

If it has been on the market for over a year, you need to drop the price plus get feedback on what the prospects are telling his/her agent about the home. If Price, location and Condition are great, then your home will sell! If you are still getting showings, that is a good thing..If your price is competitive with the other homes on the market, offer a bonus/incentive to the selling agent. If the price of the home is attractive, why not attract the agents as well? Agents bring the buyers so attract the agents by offering an incentive.

Wed Jul 30 2008, 07:06
Shane O'Gorman
Agent
Eau Claire, WI

Drop the price and raise the commission. Sounds crazy but its not what your competition is doing and it will sell your house! I have noticed a trend here and the lower commissions offered to buyers seems to make the listing stagnant. If the economy is sour and an agent has a solid buyer and it comes down to 2 homes that the buyer likes, which one is the agent more likely to prod the buyer to purchase?

As a general rule as well when people are coming into the home but not buying it means you have it priced ok but not great. Price is everything in this market. If a buyer has 10 homes to choose from that all seem ok when they go to narrow this down further the ones that stick out in a bad way (priced high) get tossed out first.

Tue Jul 29 2008, 06:36
Polly Briley
Agent
Oshkosh, WI
BEST ANSWER

Kay,

When you first listed your home we had a different market in NE WI. In this market days on the market are going up, but not by a year.

What is your agent telling you? The instinctive answer is price, however I don't know your home so I can't answer that with any credibility. Your home may be the kind that requires a special buyer. If it is truly unique, historic, quirky, any number of things can require a longer listing.

If none of this is the case, then go back in time to when you first walked into your home, before you bought it, before you made the offer. The very first time you walked in the door. What drew you to it?

Start making a list of all the things you remember that drove you to write that offer. Does your home today meet those expectations? Are there a million little things that could drive a home owner away? Examples would be:
pealing outside paint
old roof
missing or broken tile
obvious water damage
odors
energy inefficiency
a long driveway to shovel (WI humor)

The point being, a home with "little" repairs say to the home buyer, this home is not taken care of, what can't I see that needs repair.

If you are selling your house yourself and need some additional advise, call some one you trust to walk through the house and write down all the things they see. Then please fix them.

As to price: do your own homework. Check the Two Rivers accessors page and find out what other houses in your neighborhood have sold in the past year and what their pre sale assessment vs. sale price were. Also check other realty websites to get an idea of your competition.

When selling your largest investment, don't be passive, do your research and ask lots of questions.

Polly Briley
Broker Associate
RE/MAX VALLEY, REALTORS
Oshkosh WI
920-203-1155

Sun Jul 27 2008, 16:42
Rosie Morot-Gau...
Agent
Miami, FL
FIRST ANSWER

Dear Kay,
I donl know for how much homes sell in your area you will have to ask your Realtor,
If our home has been on the market for over a year now the only advise i have is lower the price.
Price it lower than the competition and you will sell.
Good Luck

Sun Jul 27 2008, 08:21

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