How many showings did you have in the first 30 days? And how many offers? I ask because I can give you some conventional math.
By the way, the link I have here is to my monthly ColtsNeck home sales update. Would you like the info for Marlboro?
You are engagings agents from across the country who assist owners and buyers in dozens of transactions a year. Successful agents, intitivly or with full awareness, are on the frontier of human perception. We know how to present a product to the intended audience in the manner that allows them to percieve, through all their senses, "this is the right home!"
Where the wheels come off the wagon is your reference to "THE RIGHT BUYER!"
Help me out. Tell me who is the right buyer?
What attributes of your home presents unique value to this right buyer?
As others have stated, no purchase offers, absolute silience means, YOU ARE OUTSIDE THE VALUE BRACKET OF THOSE SEEING YOUR HOME. Here are your choices:
1. Adjust price to fall with existing buyer value bracket.
2. Market to the RIGHT buyer. You will need to remove the obvious and predictable obstacles such an approach will present. However, the latter will prove INVALUABLE.
You must choose two of the following: fast, cheap or good. You can not have all three.
Best of success to you.
Most buyers look for a home that is move in ready with a neutral dÃ©cor and I will tell you the higher the price the greater their expectations. Floor plan is important too, that is something you can't change. Updating does help, so does staging and decluttering the home if needed.
Just make sure you find out what the buyers that are looking at your home are saying, and act on it rather than take it personally. Some homes just take longer to sell than others.
The buyers have given you excellent information. Use it. Or don't, and sit on the market for years. It's your time you are wasting. Everyone else is making decisions and moving forward. You are deciding to languish on purpose. Which is fine. It's a free country. But you won't achieve your goals with this attitude.
I don't need to see your home as I've successfully sold well over a thousand homes in all price ranges in different areas and can tell you whether you wish to believe it or not, that when home doesn't sell in in the first 30 days on market there is only one reason and it's price. If you're getting as many showings as you claim then the market is screaming at you that the price isn't right and you're not listening.
You can continue to waste your time and rationalize your price to yourself for as long as you like or you could admit that you don't know as much about real estate as you think you do, and find yourself an experienced top producing agent(s) in your area, sit down with them, stop arguing and listen to what they have to tell you and find one that you believe will do the best job in marketing your home and list it with them. I can also tell you that you've missed the prime selling season and that between now and March homes sales always slow. This doesn't mean there aren't any sales but it does mean there are less buyers actively looking then there will be between March and June. I would also suggest that there's a good chance that you would be able to get between 3-5% more next Spring than you will likely get now.
If your home is priced right for the condition and location it will sell. If you are in Marlboro a very hot market right now and not getting offers you are overpriced for condition or location if you are on a main road.
Look at closed sales in the last 3-6 months to determine where you should be priced. Email me at LTracyhome@gmail.com or call 732-239-3469 if you need that info sent to you.
Best of luck,
Keller Williams ~ West Monmouth
You don't need gimmicks or programs or bonuses or incentives or closing costs or any other nonsense. As long as your home is on every major Internet portal, and Realtor.com, and your local MLS, and as long as the pictures are superb and the property looks great, you only have to adjust one other parameter. The price. Take 5% off every 2 weeks until you start getting multiple offers. So if you are at $1,400,000 today, reduce it to $1,330,000. 2 weeks later: $1,260,000. 2 weeks later: $1,197,000. Follow this program and you will sell your home quickly and quietly with no fuss of frustration. Provided that your images and video are excellent and the property appears everywhere it should on the Internet - Zillow, Trulia, Realtor, MLS, etc.
The problem with your home selling.... is probably you. You are in the way. Your ego is in the way. Your irrationality is in the way. Drop the pity party and use Logic and Reason to solve the problem. Logic dictates the following equation: (Good Exposure + No Offers = Overpriced Home). Regardless of what you think or feel, neither of which matter to the market in any way.
Don't listen to agents or empty promises. Listen to the market, and only to the market. There is a price at which your home will quickly attract offers from several buyers, because at that price it will be a tremendous value. Lower your price to that amount, and you can close and move on. If you don't want to do that, just take the thing off the market and stay put.