Trouble Selling Your Home

October 7, 2010

Are you having trouble selling your home? Has it been sitting on the market for days and days with little or no activity? Or are you considering putting your home on the market, but are terrified of all the negative press that’s out there right now? There are many reasons why a home will sit on the market for an extended period of time. Some of them we can control, and some of them we cannot.

An uncontrollable factor to us would be the market itself. You and I can’t control the economy or the unemployment rate, so we might as well accept the figures for what they are and plan accordingly. Location is another one. Unless you plan on picking it up and moving it prior to selling, where you are is where you are and there’s not much more you can say about that. When putting your home on the market it is important to be aware of just such uncontrollable factors, and then focus on the factors you can control. Let’s take a look at a couple of them.

How much competition is out there?

If there are a large number of homes on the market that are similar to yours, then it stands to reason that a buyer will have many options to choose from. Putting your home in the best position possible to receive a contract is of utmost importance. Remember…we go from showings to offers to contract to closing. Consider your pricing strategy carefully, and make sure your home is in tip-top shape for showings. Consider these tips to put your home at the top of a potential buyer’s list.

You should also consider how many months worth of inventory there is currently on the market. In some instances, statistics may show that there is no substantial increase in the number of homes for sale, but there is a dramatic decrease in the number of closings. This can indicate a lack of buyers, which will be important for you to consider if you are trying to sell your home.

Consider the amount of inventory when attempting to sell your home

Do we have a plan?

Selling a home takes a lot more than just putting it on the Multiple Listing Service (MLS) and placing a sign in the yard, but all too often that is exactly what happens. A good REALTOR® (like me and my team) will have a marketing plan that is designed specifically for your home. This plan will take into account your needs and goals, and will include key factors such as pricing, showing, and advertising.

Think of this plan as your road map to closing. Without a plan, we are just wandering through the wilderness hoping to find a closing. That’s not a good strategy in any market, and it is certainly a recipe for disaster in the current real estate climate.

There are many other things to consider when selling your home. If you would like to learn more about selling your home you can always call me at 832-722-7731. I’ll be happy to discuss the current market, as well as learn more about your specific desires and goals. I can also provide a free, no obligation Comparative Market Analysis (CMA) on your home so you’ll know what your home’s value is in today’s real estate market. Thanks for reading and as always I hope this helps.

Stacy Jones is a REALTOR you can trust

 

 

 

 

 

 

 

Stacy Jones
832-722-7731
stacy@jonesteamonline.com

 

 

Don't trust the sell of your home to just anyone.  Let Stacy and his team of home selling specialists show you why they are the best in the business.  Whether you are buying a home, selling a home, or leasing a home...The Jones Team will be the only REALTORS you'll ever need.

 

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All information in this site is deemed reliable but is not guaranteed and is subject to change.

The information herein is furnished by the owner to the best of his knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for correctness thereof. The offering is made subject to errors, omissions, change of price, prior sale or withdrawal without notice. In accordance with the law, this property is offered without regard to race, creed, national origin, disability or gender.