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Were selling our house but no ones looking :(
Our house has been on the market for 3 weeks now and we have only had one showing. Our house is in really good condition inside and out- well the grass is yellow but that's because of the drought, it was built in 1990 so its not horribly old. So we just don't understand why no one is looking. We have talked to our realtor many times and she says nothing to us besides she doesn't want to do a open house yet because it's too hot. My husband has tried to contact her many times today and she still hasn't returned any calls. She's a great lady she even helped us buy this house but for some reason it's not working out this time of round.
We signed a 90 day contract so were stuck with her. But what I'm wondering is it normal to only have 1 person look in 3 weeks? Also do you have any advice or tips on getting more people in here to look.
Re: Were selling our house but no ones looking :(
Without knowing anything about your situation......I would say the price isn't appealing to people. It probably needs to be dropped even dropping it from $100,000 to $99,900 make its look better on paper. OR it?s underpriced for the area and people are thinking it will need lots of work. Talk to your realtor about having an Open House again, she can't sell she house if she doesn't show the house and if she dosen't sell it she doesn't get paid.
A lot of it is highly dependent on the market in your area. Your realtor should be able to provide you with some comps that tell you how long similar houses were on the market prior to selling. It would be atypical for my current area but very normal for my parents.
I think open houses are hit or miss. Our realtor doesn't do them. She feels that if someone really wants to look at the house they'll either contact her or work through their agent. Open houses tend to attract a lot of gawkers - people that just want to see the inside of someone else's house. They also generate new clients for the showing agent. I know we were guilty of 'looking' long before we were ready to buy.
Without know anything else about your house, I know we turned down a lot homes from the 1990s because they were SO MUCH oak. It was overwhelming. Perhaps the home needs updating and that should be reflected in your price. Comps will help you with this too. Viewing other MLS listings from your surrounding area are another way to do this if your realtor is less than helpful.
Good luck!
I'm in process of buying a house and the year and price were important, I only searched for houses year 2000-present. I would expect a 1990 house to be really good price because I would assume it needs some work (a/c, roof replacement, etc). I think the price in this economy is a big factor.
I would offer fridge, washer/dryer to stay, decent amount of closing costs ($5,000) to reel buyers in, good luck !
Post MLS. We can look at your pics and see what the home looks like and give suggestions.
Drought might have something to do with it. It's been stinkin' hot nation-wide and few people want to be out in it.
Your home, is older and most people will assume it needs new: furnace, water heater, roof, windows, etc.
The house next door to me was listed for 3 months but it needed a lot of work of which they did some repairs right before it went on the market. Well the Realtor posted pictures before they finished doing some work to the house. The siding was messed up in the front of the house which they fixed but it was very noticeable in their pictures so they didnt get a whole lot of traffic. They did drop their price and they got more traffic but still no takers because they could tell it needed a lot of work from the pictures and even with the price drop it was overpriced for the area. They finally decided to just take it off the market because it wasnt selling. They had to wait out the contract with the seller agent but they really werent helping them try to sell their house.
If you have a really good Realtor they will give you comparable's, try to sell your home, and will do anything they can to market the house to sell. They don't get paid if you wait out your 90 day contract and then fire them.
Do you have good pictures on your MLS listing? Part of our deal is having a stager come and set up the house and then a photographer take the pictures because people won't want to look if the pictures aren't good. How does the price compare to other similar homes in the area? Is she doing any additional free marketing like zillow, craiglist, facebook, ect?
My realtor says generally the most action a house will get our in the first three weeks. Her goal is to try to get it sold by that time because after that people start to think somethings wrong or it's over priced.
Get your realtor to do an open house... Our realtors did an open house nearly every weekend and all 3 of our offers (2 didn't work out) were from open houses. The couple that ended up buying our place just randomly saw the open house sign and had been casually looking for awhile and put an offer in the next day... You never know and it seems like a shame to not at least give it a try. Even casual lookers might buy if it's the right place. DH and I wandered into our first place with no intention to buy and decided to jump... It happens. Your realtor also has a responsibility to be responsive to you and if she's not, I would figure out how to drop her.