Ask Dixie

Question:

My home has been on the market for six months, with NO offers!!! Any suggestions?

Answer:

Of course, part of the reason could be the overall market.  But, please set a meeting with your listing agent.  Go over the comps with your agent and if possible view some of your competition’s homes.  By doing this exercise you will be seeing homes through the eyes of a buyer.  Have tough love! Be honest with yourself.  Compared to the competition what would be a price that would position your home as the best value proposition for buyers in the marketplace?  If need be, take note of each room and compare.

Pay attention to the price per square foot of your home.  Savvy buyers will have their agent research the average price per square foot and will base their opinions on this research.  Don’t price yourself out of the ballpark.

Also, offering to pay for some of the buyer’s closing costs would be a great incentive.  Another would be to help “buy-down” the interest rate for a buyer.  Speak with Brian Newhouse at 281-935-7287 about this very worthwhile program.

Posted on August 18, 2010 at 12:40 am by David Taylor · Permalink
In: Lake Conroe Homes, Montgomery County, lake conroe, real estate · Tagged with: 

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