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Message
re: When is it time to change realtors?
Posted on 5/6/24 at 11:55 am to HouseMom
Posted on 5/6/24 at 11:55 am to HouseMom
quote:
Take it off the market, spruce it up, take new pics, and then re-list at a more realistic price with an open house
This. Our house was on market from November until first week of March. The open house had one person show up I believe. The biggest value was when we took it off the market end of 2023 / early 2024 was having heart to heart with my realtor about how I wouldn't buy the place at the price they were setting it at, especially with the pictures that were being used online [made the house look Yellow when it was not].
Ultimately, I was wrong about the price. She talked me into leaving the price the same for few more weeks, but would get new pictures done to fix the coloring issues. As soon as the new pictures hit, we had several showings and had 2 offers [1 at asking] almost immediately. We had one showing I think the entire month prior to these new pictures being done on the house.
I would suggest for sure looking at your place with unbiased eye from everything with the Pictures to the Price. Doing that will help put you in position to sell much faster.
This post was edited on 5/6/24 at 11:57 am
Posted on 5/6/24 at 12:18 pm to SOLA
I hate to be a Debbie downer, but there are a couple of reasons it isn't selling -
1. Priced too high
2. Shitty pics on the interwebs(seriously - pay the money for quality pics)
3. Your house isn't nearly as nice as you think it is
The reality is that those houses you hear about selling in 24 hours with multiple offers are either very well taken care of, are in a high demand area, or are priced under market value so investors try to pick them up for cheap.
Selling a house isn't rocket surgery, but people tend to WAY overestimate how nice they think their place is. If you're a hoarder, declutter your house. People aren't buying your shite, they need to be able to see their shite inside of your walls.
1. Priced too high
2. Shitty pics on the interwebs(seriously - pay the money for quality pics)
3. Your house isn't nearly as nice as you think it is
The reality is that those houses you hear about selling in 24 hours with multiple offers are either very well taken care of, are in a high demand area, or are priced under market value so investors try to pick them up for cheap.
Selling a house isn't rocket surgery, but people tend to WAY overestimate how nice they think their place is. If you're a hoarder, declutter your house. People aren't buying your shite, they need to be able to see their shite inside of your walls.
Posted on 5/6/24 at 12:41 pm to SOLA
Put ours on market in Riverbend by LSU April 9th, had 3 offers in 2 days and we close May 22nd. My neighbor put his on April 8th, had three showings the first day an is under contract to sell. Location is key, new LSU professors sign contracts in the end of April, looking for places to move.
Posted on 5/6/24 at 12:46 pm to Rize
quote:
My house has been on the market in BR since September.
Which house is it? Maybe the OT can tell you why it hasn't sold yet and offer suggestions to help move it?
This post was edited on 5/6/24 at 12:47 pm
Posted on 5/6/24 at 12:52 pm to Crusty
It just went under contract.
Posted on 5/6/24 at 1:00 pm to SOLA
We used a friend of my wife to sell our house. We had seen her activity level and we felt comfortable with the decision. BUT we said out of the gate that this was a business decision and that we would not be shy about giving feedback or expressing any concens. Overall she did a good job but we supervised her work.
When first listed it appeared in one listing service but not the another. We were on it in 24 hours and she was getting that fixed and we verified it.
We also did as much as possible to get everything perfect. Rented a storage unit immediatly and cleared out all excess crap and items not helpful to sell the house. Even tools that were not need, extra clothes out of the closet to make them look bigger, changed door knobs, bought annuals, painted interior, changed carpet, etc. We were in the begining of the slowdown in 2007. I had a deep cleaner who busted her butt to make things look great, a paint crew and myself and a kid I hired all hustling for a week or two. My wife is a professional level photographer (no-pics) and we critically reviewed EVERY thing that was showing up in the marketing material.
I knew that we were on track when a realtor was trying to talk his 4 bedroom clients into a 3 bedroom house.
Hold whomever is your agent accountable. Double check and triple check their work. I will do an openhouse ... Oh no one does that anymore because internet.... That would be an immediate phone call to discuss what was said vs, delivered friendship or not. If that was said in the courtship to get your business when did she realize the internet made that ineffective???!!!??? She would have no doubt that was a problem for you both if I was in your shoes.
Scour comparable listings. Compare your pictures, compare your verbage. What did they say that you did not in the description. Looking at pictures and comparing them with yours make a game plan to correct any deficiencies with the house or the pictures.
If your house is rented, it might be hard to get that level of shine on the property but figure out your options. How long until the renters vacate? If you get them out and get in there and get it emptied out and cleaned and shiney it might help your sellability and sales price.
If your house has renters, how long before someone can move in? That might be holding off a lot of interest.
Edit - Here is an example of horrible marketing for a not super desireable house. Crap everywhere. Stuff on tables, appliances out, etc. etc. Women are making the buying decision and kitchens are super important. Flowers on table, etc. is what you are looking for. This is listed by Mark Spain. I am sure they have some reason why they can't get decent photos but they would b better off with a sketch artisit.
Professional put this online.
When first listed it appeared in one listing service but not the another. We were on it in 24 hours and she was getting that fixed and we verified it.
We also did as much as possible to get everything perfect. Rented a storage unit immediatly and cleared out all excess crap and items not helpful to sell the house. Even tools that were not need, extra clothes out of the closet to make them look bigger, changed door knobs, bought annuals, painted interior, changed carpet, etc. We were in the begining of the slowdown in 2007. I had a deep cleaner who busted her butt to make things look great, a paint crew and myself and a kid I hired all hustling for a week or two. My wife is a professional level photographer (no-pics) and we critically reviewed EVERY thing that was showing up in the marketing material.
I knew that we were on track when a realtor was trying to talk his 4 bedroom clients into a 3 bedroom house.
Hold whomever is your agent accountable. Double check and triple check their work. I will do an openhouse ... Oh no one does that anymore because internet.... That would be an immediate phone call to discuss what was said vs, delivered friendship or not. If that was said in the courtship to get your business when did she realize the internet made that ineffective???!!!??? She would have no doubt that was a problem for you both if I was in your shoes.
Scour comparable listings. Compare your pictures, compare your verbage. What did they say that you did not in the description. Looking at pictures and comparing them with yours make a game plan to correct any deficiencies with the house or the pictures.
If your house is rented, it might be hard to get that level of shine on the property but figure out your options. How long until the renters vacate? If you get them out and get in there and get it emptied out and cleaned and shiney it might help your sellability and sales price.
If your house has renters, how long before someone can move in? That might be holding off a lot of interest.
Edit - Here is an example of horrible marketing for a not super desireable house. Crap everywhere. Stuff on tables, appliances out, etc. etc. Women are making the buying decision and kitchens are super important. Flowers on table, etc. is what you are looking for. This is listed by Mark Spain. I am sure they have some reason why they can't get decent photos but they would b better off with a sketch artisit.
Professional put this online.
This post was edited on 5/6/24 at 1:23 pm
Posted on 5/6/24 at 1:03 pm to Rize
(no message)
This post was edited on 5/21/24 at 9:56 pm
Posted on 5/6/24 at 1:14 pm to patnuh
quote:
sold my house a few weeks ago in 24 hours, offers came in immediately following an open house for full ask. I live in Mandeville.
I'm guessing you used a realtor for this, or is there another way to get the word out?
I'm sure realtors are worth it if you're in a hurry to sell. I am getting ready to put mine up, but I have plenty of time to sell. I don't really see how a realtor is going to add 5% or whatever the rate is in value. Anyone have any suggestions for listing for sale by owner? Can you pay smaller fees to list it on sites like zillow?
Posted on 5/6/24 at 3:15 pm to LouisianaLady
quote:
old house sat for right at a year, and then we got 2 offers in the same week. Sometimes it's a crapshoot. It had character and looked nice, but certainly wasn't 2024 modern and had a very small kitchen. This deterred a lot of people that attended showings. I mean, inexpensive cookie cutter houses are being built with large open concept kitchens these days. It's a hard sell to sell an older home with a small one. Our only advantage was location. Our new house sat since like 2016 because it is split level and laid out very bizarre (perfect for us). Previous homeowners were trying to list it at the price of similar sized homes in the neighborhood, but this layout wouldn't work for 90% of people. Especially with kids. While the realtor should certainly do an open house or two, I think homes that don't sell quickly are seldom the realtor's fault.
Mine is a custom build, open floor concept, modern farm, pool, hot tub, generator, outdoor kitchen, and a big arse garage on almost an acre.
Had an offer 2nd day on the market but it was low. Had several offers a good bit below ask but I wouldn’t take them. Finally went under contract but the deal feel through due to financing but went under contract again a week later.
Lot of activity on the house it’s just not something everyone would want.
Posted on 5/7/24 at 1:05 pm to Rize
quote:
It just went under contract.
the realtor saw your thread and finally decided to do her job
if your house is overpriced, the realtor tells you that right up front when you hire them, they dont wait for you to figure it out, because they only make money if it sells
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