EXPIRED: How to Sell a House that Didn't Sell
4 Important Points that Will Get Your house Sold!
If your home has just come off the market and hasn't sold, don't be discouraged. The reason it didn't sell may have nothing to do with your home or the market. In reality, your home may have been one of the more desirable properties for sale. If your listing has expired and you still want results, before you put your home back on the market, take a step back and review your situation.
Q. Where should you begin?
A. Start by making a commitment to do what it takes to market your house to get it sold. With the right system, the home sale you want is still well within reach.
Q. Why didn't your home sell?
A. Review your previous selling plan and you'll discover that an expired listing usually reflects a problem in one or more of these four major areas:
Condition of Your Home, and
You'll get the facts when you see the statistics!
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.
3. Condition of Your Home
Is your house someone else's idea of a dream home? When buyers enter are they inspired? Do they think, "I love this house!" Remember, the decision to buy a home is based on emotion, not logic.
A house in move-in condition invites a sale. You need to consider:
fixing all the little squeaks and cracks
A house that presents well, sells for the best price because it outshines the competition. Ask your agent if they can arrange a no-obligation inspection of your home to help you assess the above.
....Marketing Your Home To Sell! Some Questions You Should Be Asking!
One of the first steps in your marketing plan involves finding an agent who will best represent you. When interviewing agents, test and compare their knowledge and ask each to demonstrate how they will market your home to buyers. Also compare how much money each spends on advertising the homes s/he lists, in what media (newspaper, magazine, etc.) and the effectiveness of one medium over the other. Remember, it's not just how much they spend, but how they spend it.
Say goodbye to any real estate agents using old, traditional methods to sell your home because they don't work in today's market!
To be competitive in today's marketplace, agents who use new and innovative, non-traditional marketing approaches are the ones who are getting more homes sold fast and for top dollar.
Buyers are Out There...And They Will Come! Before You Put Your Home Back on the Market remember:
Effective communication is vital between you and your agent.
Price your home according to market conditions, competition and the condition of your house.
Be sure your house is in showcase, buyer ready-condition.
Have an innovative marketing plan firmly set in place. Not intended to solicit property currently listed for sale.