Sunday, February 6, 2011

34 Showings in 34 days, Not Sold?

When your seller wants their home sold, what do we do?

We market it! We put it on a plethora of websites, host open houses, run an agent caravan, price it to sell, reduce it to gain additional interest, network with agents and buyers, set-up toll-free sign riders, make color fliers, keep a steady eye on the competition, follow all leads, and present all offers to sellers.

What does the seller do?

They are the vital ones to help sell their home. Make it available, keep it clean, do their absolute best to get it in the finest show condition possible...and respond to all offers presented.

And, they are the ones that need to know to accept a valid offer when it comes. Yes, absolutely do negotiating, work on getting the best price possible. Getting the best price possible...... what if it's less than they want? Should they walk away? Maybe, sometimes, only sometimes. Each case is individual, for certain.

Keep in mind the old adage in Real Estate, 'The first offer is usually the best', and it is very frequently right on. It may not be the best terms, may not be the best price, but generally it is the best in the long run.

So, I speak of the long run? Being on the market for a long while doesn't usually help get more proceeds for the seller. It makes people wonder why it's not sold yet.

And, a seller should wonder why also.  34 showings in 34 days? And, the property is not sold?

I wonder why......?


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