Showings-25, Offers-0: Your Home’s Scorecard on the Market © 2013 by Wayne D. Lewis, Sr.
It used to be exciting when your Realtor used to call you,
as the seller of a home on the market, to announce that potential buyers would
be coming by to see your home. As
sellers, you would more than likely abide by the Realtor’s request to take a
walk, or go to the store for a couple of hours while potential buyers would
visit your home. What has become a
common response from your Realtor is: No offers. After 10 or more showings, as a seller, you
decide to just sit in the backyard, or maybe go next door until the potential
visitors (no longer considered buyers) leave.
What are your options?
First of all, always consult with your designated agent for
their feedback. If anyone is going to
have a true snapshot of what buyers see or don’t see, it will be your real
estate professional. Expect to be told
the truth about buyers are not comfortable regarding your home. And then, prepare to take positive action to
attract a qualified buyer.
Your Realtor will more than likely make several suggestions
to help you sell your home, but it will always be up to you to make the best
possible decision. Here are some
suggestions that your Realtor is likely to make:
- Reduce the price
- De-clutter your home.
- Repair or offer to repair an appliance or item that maybe crucial to a potential buyer’s decision
- Offer to pay 1st month’s mortgage, 1 year of Homeowner’s insurance, or 1 year of flood insurance (where allowable)
- Check the outside of your home for detractors such as a disabled car on blocks, an overgrown garden, a garage that has a non-working garage door (repairing should be considered)
- Or, any combination of the above
- Check with your Realtor for more advice
The point is that, when you have shown your house more times
than you can count, it’s a good bet that you are so close to the reason why it
isn't selling that you can smell it. But
as a homeowner, you have to divest yourself from being the homeowner, to being
the home buyer. Look at your home
objectively. Try to remember what you
expected when you first bought your home.
Once you do that, then you’ll understand that selling your home can be
better accomplished if you focus on those things that appealed to you the
moment you walked through the door.
It should not take 25 showings to sell your home if it is
properly priced, clean, and staged properly.
The market notwithstanding, showings are an indication that your home is
priced within striking distance, but that something needs to be tweaked. Consult with your Realtor for the best possible
course of direction to sell your home.
Labels: Days on The Market, De-clutter, Seller Incentives
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