Oct
11
Why Some Houses Don’t Sell? Part 1
Posted by G. Marie Leaner under For Buyers, For Sellers, Chicago Neighborhoods
4 Important Points That Will Get Your House Sold!
1) TEAMWORK
Your home is a major financial investment, and your relationship with your Realtor should be a full partnership where your needs and wishes are heard, and you receive detailed and dependable feedback on the progress of your sale. Your agent has a responsibility to source this feedback from the agents who have shown your home, and to communicate this to you so together you can make the right decisions about what to do next. How well did this accur the last time you had your home up for sale?
***Hot Tip***
Every Seller Can Boost a Property’s Exposure!
1. Make your house easy to show.
- Consider installing a lock box.
- Allow showing times that are convenient to buyers.
2. Usa a “For Sale” sign, where permitted.
3. Create a Good First impression by:
- depersonalizing furnishings and decor so prospects can visualize themselves in your home;
- emphasizing curb appeal;
- keeping large pets at a distance.
****************
2) PRICING
Did price work for or against you?
Tje “right” price depends on market conditions, competition and the condition ofyour home. Pricing it too high is as dangerous as pricing it too low. If your home doesn’t compare favorably with others in the price range you’ve set, you won’t be taken seriously by prospects or agents.
You’ll get the facts when you see the statistics!
To help you to establish a realistic selling price for your home, ask your agent to provide you with an up-to-date competitive market analysis to give you:
- a review of comparable homes recently sold or currently for sale,
- an idea of how long other homes have been listed, in order to calculate an average time in which a home can sell in today’s market,
- a review of homes whose listings have expired, to understand what issues were at play.
Note: There is no mention of how much you paid for your home or its improvements. Like any other investment, the market value is determined by what a willing buyer will pay and a willing seller will accept.
For this and other industry articles and opinions, go to www.mschicagorealestate.com.
COMMENTS (0)
No comments for this posting.