7.28.2008

Your home not selling?

There are only a few reasons that your home may not be selling. First of all, how is the market in your neighborhood? Are homes selling? If so, then it has to be either location, price or condition. If your property sits in a desirable location in the subdivision, then look at the other possibilities. Have your agent pull comps weekly to make sure your home is still priced competitively, and make adjustments if necessary. This is even more important now with all the bank owned homes selling around us. If non of these things apply, then it MUST be the condition of the home. This could be just about anything, from odors to outdated finishes, mismatched carpeting, odd paint color choices, etc. The most important thing you can do to avoid the condition of your home being a factor, is to enlist the help of a few friends/family members/co-workers who will give you an honest opinion of your home. Things that potential buyers will notice are things that you probably won't because you're used to them (pet odors, messy paint job, etc.). I see it more now than in the past, but these are real problems that need to be addressed! An acquaintance of mine has a home on the market that just happened to fall into the criteria of a new buyer that I'm working with, so I showed it last week. The cat urine odor as soon as we walked in the door was horrid (the other disagreeable characteristics of the house don't even matter at this point). When I gave my feedback, she was in disbelief because no one else had told her this before. The house has been sitting empty, on the market for close to a year now............ Coincidence? I don't think so!

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