My listing is "Stale".. What will a fresh coat of paint do? It doesn't need it, will it bring back the Agents?

Asked by Steve La Point, Ashland, OR Tue Feb 3, 2009

It's been on the Market for 390 days.. every agent has seen it and is tired of walking through it.. there isn't any excitement in their presentations.. Is fresh Color & a "New Coat" the answer...

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Dallas Texas, Agent, Dallas, TN
Wed Feb 4, 2009
SUGGESTION: You can have property photographs taken again in different look, we have a few properties like that we rest from market few weeks, rearrange pic's , repost it in MLS.
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Maria Morton, Agent, Kansas City, MO
Wed Feb 4, 2009
Have you asked your realtor to give you their honest opinion? As Cindi Hagley points out, location, condition, price, and marketing are what sells a property. Location cannot be changed. You have control over condition, price, and who you choose to market your property. When your realtor does make recommendations, it is to your benefit to listen and follow the advice in a timely manner.
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The Hagley G…, Agent, Pleasanton, CA
Wed Feb 4, 2009
If your home has not sold in over a year, it's either Price, Product (your home) or Pitch. (the marketing).

I'd take a look at price first and marketing second. What does your Realtor advise?
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Sharon Roark, Agent, Lexington, KY
Tue Feb 3, 2009
Steve, it sounds like what you need is a consultation with a home stager to get a fresh set of eyes on your home. He/she will make recommendations about which, if any, paint colors should be altered and whether rearranging or removing some of your furniture would show off your rooms better.

Having said that -- unless your home is very unusual, after being on the market for over a year, it's almost a certainty that it's overpriced. If a house has some incredible stand-out feature that will take just the right kind of buyer to appreciate -- and I mean something NO other house in your area has like an indoor atrium or center courtyard -- it can occasionally take a specific buyer to truly appreciate what the house has to offer, but usually, it's just plain priced too high. If it weren't someone would have made an offer by now.

If you've had offers but disregarded them as too low, you may want to reconsider your belief that your home is worth more than it really is. I run into it all the time -- sellers who simply can't accept their home's true value or, as referenced in the beginning, can't see that their home isn't showing well because of some cosmetic issues that buyers aren't finding appealing. if it's the latter, an experienced home stager will finally shed some light on the issue at hand and help you correct it.
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