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What's the difference
between homes that sit on the market for months and those that get snapped up
right away? "A whole host of factors can
conspire to make a home sit and stagnate on the multiple listing service without
showings or offers." says Melinda
Fulmer of MSN Real Estate.
If your home has been sitting on the market for awhile, it might be time to pay attention to the details of why it might not be moving.
Helpful Advice to
Get Your Home SOLD
1. Price
it Right: One of the main reasons
homes sit on the market is price. Your
REALTOR® will help you look at homes in the area and help you decide on a price
that will get it sold. (Read:
Price Your Home to Sell with Comparable Sales)
2. Outdated
Interiors: A little updating goes a
long way in selling a home. The problem with
bold colors and outdated fixtures is they can be a distraction from the real
benefits of the house.
3. Bad
Design: "An inefficient or strange
floor plan or design might be the barrier to a sale," says Fulmer. A little creative marketing might be the
trick to find a buyer- is it close to
shopping or mass transit?
4. Fix It: Not everyone is willing to "take on a project".
"If a home looks as if it's going to cost half as much to repair or renovate as
it does to purchase, it's going to take a long time to move," says Fulmer. (Read: Put Your Best Foot Forward)
5. Location,
location, location: Sometimes it's
impossible to overcome a bad location and you might have to lower the price
enough to entice a buyer.
6. The Biggest
House on the Block: Having the
nicest house on the block might make you feel proud, but it's probably what is
stopping the sale. Unfortunately, if
homes in your area are selling for $300,000, you will have a hard time getting
$900,000, even if you feel it's worth it.
7. Clean Up! Your home needs to be clutter free and
beautiful at all times. Buyers won't
even come look at a listing if it's a cluttered mess. Store all that extra stuff in a public storage
unit, or better yet, give it away to friends, family and local charities.
8. Pictures: Make sure you are marketing your house with
great photos that show off the best features. "Be picky about the photos you
upload to the MLS." says Fulmer. Buyers won't come look at a listing after seeing bad pictures of it on the internet.
Make sure your home
is in top condition from day one of listing it. You not only want to impress the buyers who
are coming to see it, but remember that the agents should be impressed too and
will help market your home to other clients, as well. (Read: Sell Your Home!)
Read
more at MSN Real Estate.
Posted on March 18, 2013 09:48:12 by Scott.Shields
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