Im in Bardstown ky.
2006-06-09 17:55:53 · 16 answers · asked by dontknow86 6 in Business & Finance ➔ Renting & Real Estate
Its a nice clean, Landscaped yard and house, I have a real Estate person, But he has only shown it 2 times, Its below its apr. What Am I doing wrong its been on the market 3 mos.
2006-06-09 18:15:48 · update #1
If it's the lowest on the street, then that says you need some major "curb appeal".
The value of real estate is established by the value of the property to who is looking to buy, not who is selling, a concept most people don't readily grasp.
The most important thing to selling a home is that the buyer is ALWAYS a woman. I am not saying the buyer won't be a man, quite the contrary, it is the woman who decides she want's a particular home, and the man buys it.
So, make your home a very fine line balance to the woman side and edge. It must be tasteful, it must offer the woman an opportunity to have the nicest house in the neighborhood. It must offer the perfect size closets and a well balanced kitchen.
For the man to succumb and buy the house the yard must be maintained, the last thing he wants to do is yard work. All the yard work should consist of is mowing and trimming, the landscaping should already be done. And don't forget a garage, but it doesn't have to be all pretty, just clean and practical.
On average, for every 1000.00 spent in improvements, a seller can reap a potiential 5000.00 profit. This depends of course on the market area and improvements done.
For example, putting in dual pane windows throughout the home can cost about 10k, However, by putting them in, provided your market is stable you can realize a price increase of about 25k vs no dual panes. Don't panic here, even if your market is not a "seller market" right now, this is a cyclical investment and will always come around in your favor, so sometimes even with "curb appeal" you may have to be patient.
A cautionary suggestion: Having a home priced to low, could deter possible buyers; "something must be wrong with that house, it's so cheap by comparison"
Happy selling....
2006-06-09 18:10:20 · answer #1 · answered by jv1104 3 · 2⤊ 0⤋
Well, It sounds like you have a very attractive home. Also the lowest priced home in the area. Get comparables based on the "price per square foot" to determine if you really are competitive. If you were to own a 1000 sq ft home and Selling it for $98,000 next to a 1500 sq ft home selling for $100000...technically your is the cheapest but not the best deal. Aside from that the MLS is really what will sell your home. Ask your Realtor for a copy of the MLS data for your home and review that carefully. You may see errors on that which are causing your home not to be shown. I had a associate in my office that once had a listing he just couldn't get shown. After reviewing his MLS info, he had the home listed with no bathroom, so it never came up on any search criteria.
2006-06-10 10:31:42 · answer #2 · answered by realtyocala 1 · 0⤊ 0⤋
Curb Appeal...Make the outside inviting. If its cluttered inside - clean it out to bare essentials. Stage it like a model home, and use nice space practical furniture. Kitchens are big selling points - you may spend a little to make a lot! Use a more aggressive real estate agent, and hold frequent open houses... about every weekend til its gone!
2006-06-10 01:02:59 · answer #3 · answered by M & J B 2 · 0⤊ 0⤋
this is a problem many are having at the moment. The biggest problem you have is that you have turned off many buyers already by listing your home originally for a unrealistic price. Inventory is rising, rates are rising. Its going to be a long summer if you don't start getting your act together. I would suggest flyering every home 1/2 mile in your area. 33% of home purchasers are in the immediate area of your home. It helps.
Also make sure your home is getting proper exposure both online and on the MLS. Sometimes realtors are stupid and don't do it because they want to find the buyer themselves and make full commision.
www.homeseekers.com
www.realtor.com
check at those sites. if your not on there, something is wrong.
2006-06-10 02:23:10 · answer #4 · answered by ondreforsure 3 · 0⤊ 0⤋
Is the lawn landscaped? Does the house need paint inside or out? Visit some of the other homes for sale in your area to get ideas on how to make your property look the best & sell faster.
2006-06-10 00:58:06 · answer #5 · answered by Wendy 3 · 0⤊ 0⤋
Raise the sale price! Include 4 or 5% closing help. Give a 5 or 6% listing fee to the agents and a $1000 seller bonus, most agents look for the money. Put it @ market value and give it back. http://www.1stmdloans.com
100% @ 575 FICO Score
2006-06-10 11:37:01 · answer #6 · answered by ron d 3 · 0⤊ 0⤋
You need an objective opinion from a professional. Maybe you were asking too much. Maybe there are things you can do to make your house more appealing to a wider range of buyers. Maybe you're not advertising it properly or your realtor isn't doing enough to promote your house.
2006-06-10 00:59:48 · answer #7 · answered by Fall Down Laughing 7 · 0⤊ 0⤋
Make sure the exterior is very clean and attractive - put out a few spring flowers. Also remove any and all personal pictures or religious things. I watch HGTV> I wish you well.
2006-06-10 00:59:10 · answer #8 · answered by Annie Mae 3 · 0⤊ 0⤋
It's not about the price! I'll prove it to you. Post your question on the real estate forum here: http://www.homefindinginfo.com/realestateforum/default.asp
Admin there will explain what you should do to get your home sold. (and no, dropping the price is not what does it)
2006-06-11 01:26:18 · answer #9 · answered by bmwdlr 2 · 0⤊ 0⤋
I think maybe curb appeal helps. People will stop to look at a house if the yard is well manicured.
2006-06-10 00:59:44 · answer #10 · answered by Anonymous · 0⤊ 0⤋