Home Selling in Stafford>Question Details

Shannon, Home Seller in Stafford, VA

We've been on the MLS now for 11 days....no interest yet...is it taking longer to get traffic. I know it

Asked by Shannon, Stafford, VA Fri Apr 18, 2008

shows well...we almost had a contract...through a different ad service...she's still thinking about it.

Help the community by answering this question:

Answers

7
This question was posted Apr 2008.
0 votes Thank Flag Link Fri Nov 29, 2013
I am searching to buy a home in the Stafford area, from a Home Owner. Please email me a.s.a.p. Complete Details. Detailing what you Have to sell. And Why, When and Asking Price, etc. Please Include the Complete Address of The Property.

My email address is: bmurphy53@aol.com My Office Phone is: 410 997-0281 Cell: 410 730-7551

I am prepared to make you A Cash Offer. And, I will Pay All Closing Costs, too.

Respectfully,

Bob Murphy
0 votes Thank Flag Link Fri Nov 29, 2013
Thank you everyone who answered my questions....we sold it in 36 DAYS!! I just needed to be a little more patient. We did use a discount broker...getting on the MLS and Realtor.com was KEY! We did have a unique property and I staged it well. All the showing feed back was very possitive. We lost the first potential buyer because her daughter didn't want to live in a 100 year old home...We have been very blessed!! http://www.iggyshouse.com #187814
0 votes Thank Flag Link Thu Jun 5, 2008
Shannon I dont believe in Almost had a contract. It's you do or you don't. When you almost win a race it almost doesn't count, and I'm sorry to put it that bluntly. Price is probably the most important factor when it comes to selling any home. Please also consider that in Spring/Summer you are dealing with a-lot more inventory which means for you that much more competition. If I were you, I would ride around your neighborhood, find homes which are prices similar to what yours is on the market for, go inside and see how well they are maintaned both inside and outside. That will give you a good idea of where you stand, because every seller thinks that their home is the best thts out there. Also try to remove personal belongings, like family pictures or anything innapropriate from your home. When buyers shop they want to picture themselves living there, and having distractions like family portraits is a big distraction. If you already haven't clean the clutter, and maybe move some furniture around. If you added something special to your home which is your personal taste, please keep in mind that someone else may disagree unless you share same taste.
If you don't have it listed with a Broker, you probably should, makes your life that much easier, and a broker will prequalify the buyers for you before they present an offer.
11 days on MLS, give it time, your property is brand new on the market. If you do have a broker working with you, have them do some Active Marketing for you, like actually calling people who are looking to buy, other home owners, once they sell they will have to move, and your home may be that home for them. Everyone places Ads, that doesn't always work. and Try Optimum Homes, or a similar Cable Service.

Best of luck to you.
0 votes Thank Flag Link Sun Apr 20, 2008
Most buyers start their home search online. Make sure the photos posted of your home make buyers want to come see more! Your home needs to be priced right and look better than its competition in order to sell quickly.
0 votes Thank Flag Link Sun Apr 20, 2008
Shannon- My first broker always said to me that if a house doesn't sell it's because of the price. And that's the truth. There is a sweet spot at which a property becomes interesting. If you haven't had any traffic- then it's not at the right price. The right price for the market you are in- not for what you thought it would sell for.

There is a lot of inventory out there- go see what else is in your price range and in a lower price range. Determine if you have more or less value. More importantly- find out what is under contract or has sold in the past 60 days to see what is attracting people. You should really price your property at or below the last sold comparable property.
0 votes Thank Flag Link Sat Apr 19, 2008
Shannon
Markets are buyers markets. My standard is ten showings or two offers in two weeks, or we adjust the price. If the market is trending downward you need to be priced under market to get activity. Homes that sell in the first 30 days sell for closest to asking price. I don't know your market, but in most areas you need a Realtor that knows that market.

In our market the top agents adjust prices within 10 days of listing if there is no activity. I saw one this week that lowered the price in seven days after coming onto the market.

Remember that the market is not static, it is changing all the time. Depending upon what your competition is doing, you need to react quickly.
0 votes Thank Flag Link Fri Apr 18, 2008
Keith Sorem, Real Estate Pro in Glendale, CA
MVP'08
Contact
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer