Home Selling in 30093>Question Details

Ahearingday…, Both Buyer and Seller in Norcross, GA

Move in Ready home, no showings MLS 3735528. I have an agent and I know if we could get someone to come in

Asked by Ahearingday H. Nwosu, Norcross, GA Tue Jul 8, 2008

to see the house would sell. Has been on market for two weeks! (it may be a little bit premature, but I would think that I would have gotten at least one call by now). New 30 year architectural roof, new paint inside and outside, new water heater, new flooring, new garage doors/openers.

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I undersand that this is the time when you usually get the most showings but in this market not to have any showings in the first couple of weeks is not uncommon and maybe that is not what you want to hear but we just have so many homes on the market and buyers do not feel rushed in making their decision.

I also would agree that with the Holiday Weekend just passing and it's been pretty hot things tend to slow down a bit.

I understand that you just did all this work on the house, but it looks pretty drab from the pictures. Maybe a warmer neutral paint color would have helped on those walls. The pictures could use a little help, especially the one with the plants in front of the window, not sure if I was buying a house or plants.

Now lets talk price, you have to be very aggressive in this market especially if your looking to sell quickly. I have not pulled comps for this house but make sure your are priced to sell and if you do not see any action within the first 30 days you need to lower your price and continue to do so until it sells. Unfortunately sellers are taking more of a beating and not getting back what they have put into their homes.

Another scenario for you would be to have your agent do some creative marketing with her/his lender. Do something different then everyone else.

Good Luck!
3 votes Thank Flag Link Tue Jul 8, 2008
Your agent has much more than the average as far as marketing in providing 12 pics on FMLS and attaching a virtual tour as well as providing a showcase listing on Realtor.com. Unfortunately, the pictures are extraordinarily unappealing and are unlikely to entice many people. The pics of the bedrooms and bathrooms are particularly bad. And despite the fact you have new paint, etc. the house shows as dated -- particularly the kitchen. And you should consider hiring a stager for a consultation. I'm afraid you are running into the reality of this buyer's market. There are dozens of homes out there for each potential buyer. And they want everything now -- perfect house, perfect location, perfect price.

One thing you might want to consider regarding pricing -- major real estate portals (like realtor.com) force buyers to search by specific price ranges. By being slightly higher than $150k, you are missing potential buyers who input their search criteria looking for homes up to $150k. Likewise, if you price at $149,900 you'll miss all potential buyers who put $150k as their minimum. By pricing exactly at $150,000 you will appear in search results for buyers searching to $150k as well as those search from $150k. It will simply expose your listing to more potential buyers.

But I suggest you stage the house and get better photos regardless of price. The current ones are simply not appealing enough to get buyers to consider your property.

I'm sorry if this comes off harsh, but brutal honesty is needed in today's market.
3 votes Thank Flag Link Tue Jul 8, 2008
My home has been on the market for 9 months with only 3 showings. the home is immaculate inside and out and priced low. all 3 showings were in April and may.
0 votes Thank Flag Link Tue Jul 8, 2008
It is not unusual that you haven't had any showings in this market. There are 150 3/2 homes on the market in your area between 150-160,000. You need to reduce the price to at least 150000 and be patient. The kitchen and baths look dated and someone can buy a brand new home for the same price. Maybe offer the buyer a cruise if they close by a certain date.
0 votes Thank Flag Link Tue Jul 8, 2008
Considering in real estate the and 4th of July has slowed the activity on home buyers, how is the house authored in MLS, pictures, and etc. lending has placed many issues on home buyers qualify. http://www.lynn911.com
0 votes Thank Flag Link Tue Jul 8, 2008
Sorry the MLS Listing is 2474479. FMLS 3735520.
0 votes Thank Flag Link Tue Jul 8, 2008
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