If your home is 61 Paine Street, it looks like a wonderful home and you have enlisted a fantastic Realtor. Kim knows the market well and I'm sure she did a thorough analysis to get you an appropriate price. Just so we're clear, you personally (as the sellers) will not receive the calls directly. They will either go to Km or her listing service (MAPass).
You will get showings. I'm actually thinking of a few buyers of mine that may be interested. Keep your chin up! It's a challenging time to sell, but nice updated homes (like yours) price appropriately are absolutely selling! Yours will, too.
All My Best,
You can look at this mathematically or not. Here is what I tell my clients, if not 1 person has walked through the property in the first 2 weeks you have a price or terms issue. Either lower your price or consider what terms of the sale you can afford to add. For instance a lawn mower for the; ? yard?, Include all the appliances maybe even the washer and dryer, how about the AC's for next summer.??? Seems a little trivial but you would be surprised how the little stuff gets a buyer and especially a first time home buyer bidding.
P.S. Beware not to show all your cards upfront, in terms of little extra's included. I find that everyone wants to feel like they are getting a little something more in every transaction. Consider the big ticket item the deal sealer after a rough home inspection or a stressful bank commitment process for the buyer that has already entered into an offer with you.
If you have any other questions feel free to contact me anytime by web or phone.
Hogan Real Estate, Inc.
the rule of thumb is 10-12 showings or one offer in the first 14 days on the market. If we do not see those results then a price adjustment is in order.
You should know that it is critical to get this showing activity. The longer a home sits on the market, the less it will be worth. In my mls, homes selling in the first 30 days sell for 99.7% of asking price. At 120 days they sell for 92.7% of asking (and that would be AFTER some price reductions). So to sell for the best price, get those showings.
I agree that if your home is priced at or even a little bit below the market, it should be a few days to a week to start getting showings. In todays market, pricing it even a little higher can be disastrous.
Hope this helps.
Depending on where you are located and what your price point is, I think it's fair to say that a new, well-priced listings on the MLS should get some calls in the first few days its on the market. Realtors with active buyers are always looking for attractive new listings to show their clients. If it's not on MLS or it's a FSBO, it might take a little longer for the real estate community to catch wind of your listing.