how to get my house to sell?????

Question

ive reduced drastically like 60,000$ i have a 4/3 all wood new floors on 1 acre in vero beach florida,great schools everything i even brought a home stager to design my house it shows well but no offers yet is it my realtor of the market?its been on the market 6 months now

Answer 1

After being on the market for 6 months, your property may appear to be "stale". No amount of staging can help it at this point. First - are you with a bigger name realty firm? Reason I ask is that often times the bigger name realty firms move houses quicker and often get you more money for it as well, since they have an established network of realtors. In this digital day and age, literally, they can send 1 email on your house to thousands of other realtors (who have even more buyrs looking - for houses just like yours!) While the $60,000 price reduction seems substantial, and certainly would be eye opening for any buyer - again, you've been on the market 6 months! The most interest in any new home to market comes within the first 3 weeks. One thing I might suggest trying is offering a buyer's agent bonus. Keep in mind realty commissions are normally split 4 ways (Sellers agent, that agents broker, buyers agent, that agents broker). By offering a CASH bonus to the buyers agent - this cuts out him having to split it with 3 others! I know if I'm representing a buyer , the less money I have to split with anyone the happier I am and the more eager I would be to show YOUR house! If none of the above are options for you... You may consider doing some minor updates to the home - new appliances? Maybe redoing the main bathroom? This way, if you do decide to cancel your listing, maybe even switch realty agents, your new listing will include UPDATES, and can better justify the asking price. Though since you've lowered it $60,000 already - you may want to prepare to put a good chunk of that into upgrades if you plan a new listing at a higher amount (the history does show to an agent). Good luck!

To acknowledge a previos answer offered, though it may sometimes appear there is a real estate "bubble", this is not the case from what I've seen. However, it certainly is a buyers market out there now! There's an abundance of inventory for anyone in a position to buy. This can sometimes lead to buyers trying to lowball an offer just so you can get out of your house. It's all supply and demand really. Again - good luck!

Answer 2

The market has cooled all over Florida. I sold my house last fall, but other houses that were on the market when mine sold are still sitting there.

Have you considered offering to pay closing costs for the buyers? Your Realtor should be motivated to sell your house without any additional incentive from you. They are already going to get paid.

You might also consider not renewing your contract, and then re-listing. That way your Days on the Market or DOM will be a low number. People will sometimes think that there is something wrong with a house if it has been out there for too long.

Are you priced at last year's numbers? It is a buyer's market now. People are not getting the big $$$ for houses in Florida today like they were 2 years ago. Some towns have literally thousands of homes for sale, and none of them are moving. I priced mine almost $100k less than others in my neighborhood and it was 45 days from listing to closing. I still made enough to pay off my loan, all of my credit cards, and pay cash for my new house.

Good luck!

Answer 3

Six months is typical on the real estate market. The contract with your realtor should expire after six months, at that time you can either choose to re-list with that agent or go with another. The housing market is slow right now, everywhere. You can wait or ask the realtor to allow you to go on a monthly contract after the initial contract is up. Is your house listed everywhere it could be by your realtor? Does she have open houses to show off your house? Is it priced well compared to the others? Alot of times, I have called realtors about houses for sell and they have never called me back. I suggest you have a friend call to inquire about your house and see how well the realtor does. Does she call them back? Realtors for the most part have become slackers. It was a house would usually sell when the market was robust, but now, it's going to take a little work on their part. Good Luck!!

Answer 4

I think it's the market. The real estate bubble is leaking and the market is turning to the buyer. Lucky for me since I'm going to soon be a buyer.

As for your stager, what have they done? Have you watched shows like Sell This House? Roger Hazard is real big on pre-packing to remove personal items and reduce clutter so things are more neutral and the home looks bigger. You're going to be packing anyway--you hope--so removing the knick-knacks, books, pictures, extra dishes, stuffed animals, and so on makes a big difference. A fresh coat of interior paint works, too. Better to spend a few dollars now sprucing up than spending a few more months mortgage. I hope this is what your stager has done.

Good luck!

Answer 5

I think the price reduction of $60,000 doesn't mean much if the actual price of the house is listed more than the average to start with. Also, have you asked your agent on how many houses are on the market? How much marketing is your Realtor doing? What is the commission rate that you gave him or her? Since many agents / brokers are watching this e-mail, why not put a link to your reply and see if we have buyers for you. I am in New York, and there are many co-workers (not Realtors) who are always talking of buying in Florida.

Unclutter your space, make it smell nice, airy, bright. Remove or rent furniture if you have to.

Answer 6

The closest that I lived to a fast food joint was a Jack in the Box that was 3 doors down and across a 5 lane boulevard. It was far enough away that noise was not an issue and traffic was heavy enough that if I timed it right I could do a runner back to the house without paying and then watch the shift manager get hit by a garbage truck or streetcar as he ran after me. The stench from a KFC next door would have been too much to bear, and they would have caught me every time. Frankly, I'd rather live next door to a Republican than a KFC.

Answer 7

Watch "Sell This House" I think it's on A&E. Remember most of the buyers cannot see past your stuff. Watching the shows your house has to be empty, unlivable and unlived in to sell.

Taking the house off the market for a couple of months and relist it with a different broker is a good idea too. Even though you might have gotten to be friends with your current broker, maybe something about them buyers don't like.

Answer 8

It might be the market, which means that the price could inadvertently be a little high if the market weakened. You might be able to market it better than the Realtor if you're innovative.

Answer 9

This is not a seller's market right now. A year ago, it would have been gone in hours or days. I'm curious as to what you are asking for it.... We are real estate investors in Arizona, and we just purchased 9 houses down south, but none in Florida....

Answer 10

I would change agents when your contract is up. You can also check the average selling time in your area. If there are alot of houses in your area for sale then six months is not a long time.