Why Hasn't My Home Sold?
Why hasn’t my home sold? Real estate agents all across the country are hearing this from their sellers during these hard market times. This is the only market we have and the key is to increase your odds in getting your home sold. There are several ways to accomplish this but it will take a little extra effort on your part and the agent you choose.
The marketplace today is loaded with inventory and the tough economy is not helping. The number of foreclosures and short sales is still high and does not seem to be going away in the next several years. That is why it is more important than ever to give your home its best shot at getting sold.
Here are some tips on positioning your home in today’s market to get it sold;
- The Agent You Choose. All agents are not created equal. You need to find an agent that is fulltime and knows the marketplace and has the latest tools to get your home sold.
- Position Your Home to Sell. Your agent can guide you here if they understand if they understand the basics of absorption rate and pricing. Pricing will be vital and your initial market position has to be perfect to get it sold in a timely manner and get you to where you want to go.
- Online Presence. Make sure you have a good online presence. According to surveys by the National Association of REALTORS® 91% of home buyers start their search online.
- Correct MLS Data. If the potential home buyer is searching for particular features and your home is not coming up correctly in the MLS search your home may not get shown and have the possibility of selling. This would not only include features but also the mapping of the home.
- Great Photos. Today with the home buyers starting their search online it is essential that you have not only a virtual tour but many thumbnails of pictures of the interior. The photos need to be clear and give a good impression of the home.
- Proper Prose. Writing to paint a picture to capitalize on the emotion of living in the home is key to getting the showing. Potential home buyers want to visualize themselves living in the home.
- Be Realistic. When an offer comes in, even if it is low work with the buyer to see if you can find common ground and do not just discount the offer. In today’s market the old adage of “your first offer is usually the best” has never been truer.
These are just a few tips to selling a home in today’s tough economic times. Audrey & Frank Serio, CRS understand this market and can assist you in getting your home sold in the Bethany Beach and Fenwick Island Delaware resorts. Contact them today for all your real estate needs.
Direct: 302.537.3171
302.541.5000
