If you are getting showings, this is good.
If you are getting offers, this is great!
But why no sale?
The fact that it has not sold is an indication that the price is not where it should be for the current market. To sell in today's market, sellers must both understand and accept what the true interests of the buyer are. Every buyer is, and can afford to be looking for the absolute best home, in the best neighborhood, and offered at a price they afford to pass up.
If you are getting offers, something is still lacking.....and in these times, it's generally PRICE.............
Have your agent do an update for your CMA and get under the bottom number and hope it will sell.
Our best wishes,
The "Eckler Team"
Another option to consider is Home Staging. I'm not sure if you are currently living in your home while it is on the market, or whether it is vacant, but statistics show that staged homes are on the market for an average of 33 days, vs. 171 days nationwide.
Feel free to contact me and I'd be happy to talk with you about your situation, or refer you to an Accredited Home Stager in your area.
Staged by Design
Make sure your Realtor has exposed the property to at least 25 of the most popular Realtor driven websites that are at the top of the searches.
If, as you say, your house is in excellent move-in condition and is located in a great location, then I propose your house is not being listed at market value. I will give you the same advice as I gave a prior postingâ€¦.Determining the value of a home is a complex undertaking and should not be taken lightly. It is not as simple as checking listings and/or comparable sales. My strong suggestion is to locate a certified residential appraiser and discuss your situation with him/her. Also, you will not have to worry about your deal falling through when the bankâ€™s appraiser, appraises your house. If you have any questions feel free to contact me, I can be reach at http://www.SummitAppraisers.com. Good Luck, Hal Goldstein
Yes sometimes the proprty can become known as a "distressed property" due to consumer perception!
I'd say to hire an aggressive broker/agent who is discreet but good at negotiating. Either lower your price or raise your commisions.Even during the real estate "multiple offers" boom here many homes were listed with extra high selling commissions to stand out and what do you know: these were the ones that agents were showing!Good luck!
What seems to work in this economy is to lower your price.
This attracts new buyers and sells your house.
For example, if you are asking $659,000 and you will take offers from
600 up --- if you lower the price to $630,000 you have a better chance to
hit that price probably more like a $620,000 offer.
Just because your house is priced at market value does not mean it is the right price.
The right price or fair market value is what someone is willing to pay for it and what
you are willing to sell it for. To bring the seller and buyer together on an agreeable price.
I hope this helps you out,
Camille Dandola, ReMax, Hearthstone, Bellmore, NY