Sell Your Home Without Worrying About It Sitting On The Market To Long
- Date: 2007-11-14 - Word Count: 407
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One of the problem with the current real estate market is the demand is so low that sellers have to pull their homes from the market or risk buyers thinking there is something wrong with the property due to the length of the listing. Is there a way around this problem?
Listing a home is really an artistic endeavor. Many might think it is merely a matter of figuring out an asking price and slapping together some text and pictures. It is much more than that. From determining comparable home values to home staging, the more you do the better you chance of getting a bite from a buyer.
As if getting your advertising act together was not difficult enough, one also has to keep an eye on the time your property has been on the market. For most of this decade, this was not an issue since homes moved like hot cakes in the red hot seller's market. Now that things have swung back to a buyer's market, sellers are running into the problem.
So, what is the problem with a home sitting on the market for six months to a year or more? The problem is buyers and agents will start assuming there is something wrong with the property. The logic goes along the lines of it wouldn't be on the market this long if there wasn't a problem.
To avoid this problem, many homeowners pull their for sale listing after an appropriate time period. This time period is determined by the custom and standard for their particular area. Regardless, the home goes off the market and there is almost no chance a buyer will find it much less actually make an offer. Is there a way around this? Oh, yes.
If you find yourself pulling your property from MLS, you have an alternative marketing resource. Frankly, you should already be using it. What is it? You're looking at it. Yes, the internet. You can list your home online and nobody can determine how long it has been up. Even better, recent studies show over seventy percent of buyers do their initial home shopping on the web, which beats driving around all weekend.
If you are trying to sell your home, you should think out of the box in this buyer's market. The web offers you the perfect solution to listing time issues, so take advantage of it.
Sell Your Home with a free 1 month listing at FSBOAmerica.org.
Listing a home is really an artistic endeavor. Many might think it is merely a matter of figuring out an asking price and slapping together some text and pictures. It is much more than that. From determining comparable home values to home staging, the more you do the better you chance of getting a bite from a buyer.
As if getting your advertising act together was not difficult enough, one also has to keep an eye on the time your property has been on the market. For most of this decade, this was not an issue since homes moved like hot cakes in the red hot seller's market. Now that things have swung back to a buyer's market, sellers are running into the problem.
So, what is the problem with a home sitting on the market for six months to a year or more? The problem is buyers and agents will start assuming there is something wrong with the property. The logic goes along the lines of it wouldn't be on the market this long if there wasn't a problem.
To avoid this problem, many homeowners pull their for sale listing after an appropriate time period. This time period is determined by the custom and standard for their particular area. Regardless, the home goes off the market and there is almost no chance a buyer will find it much less actually make an offer. Is there a way around this? Oh, yes.
If you find yourself pulling your property from MLS, you have an alternative marketing resource. Frankly, you should already be using it. What is it? You're looking at it. Yes, the internet. You can list your home online and nobody can determine how long it has been up. Even better, recent studies show over seventy percent of buyers do their initial home shopping on the web, which beats driving around all weekend.
If you are trying to sell your home, you should think out of the box in this buyer's market. The web offers you the perfect solution to listing time issues, so take advantage of it.
Sell Your Home with a free 1 month listing at FSBOAmerica.org.
Related Tags: property, time, market, real estate, home, sell, mls, buyers, sellers, months
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