The reality of the real estate market is that not all homes listed for
sale actually sell within the listing period. In fact, the majority of homes listed
for sale sit on the market for months, and many of these homes never sell at all.Will Your Home Sell When You Need it to?
While every agent will promise to sell your home, the reality of the real estate
market today is that this simply doesn’t always happen. The fact of the matter is,
the majority of homes listed for sale sit on the market for months, and many of
these homes never sell at all.
Needless to say, this is highly frustrating to a homeseller like you. But more than
this, it can be financially crushing if you’re counting on the sale of your home
to fulfil some other obligation.
The reasons why some homes sell and others don’t often have nothing to do with the
home or the market. In reality, a home that sits unsold may be one of the more desirable
properties for sale, with the lack of buyer activity usually reflecting a problem
in one or more of these four major areas:
1. Marketing
2. Pricing
3. Condition of Your Home
4. Teamwork/Accountability
MARKETING - One of the first steps in your marketing plan involves
finding an agent who will best represent you. When interviewing agents, test and
compare their knowledge and ask each to demonstrate how they will market your home
to buyers. In fact, ask them point blank how they will attract buyers to view your
home and how many buyers they’re working with right now. Compare, too, how much
money each spends on advertising the homes s/he lists, in what media (online, newspaper,
magazine, etc.) and the effectiveness of one medium over the other. Remember, it's
not just how much they spend, but how they spend it. To be competitive in today's
marketplace, agents who use new and innovative, non-traditional marketing approaches
are the ones who are getting more homes sold fast and for top dollar.PRICING - The "right" price depends on market conditions, competition
and the condition of your home. Pricing it too high is as dangerous as pricing it
too low. If your home doesn't compare favorably with others in the price range you've
set, you won't be taken seriously by prospects or agents.CONDITION OF YOUR HOME - Is your house someone else's idea of a
dream home? When buyers enter are they inspired? Do they think, "I love this house!"
Remember, the decision to buy a home is based on emotion, not logic.
TEAMWORK/ACCOUNTABILITY - Your home is a major financial investment, and your relationship
with your Realtor® should be a full partnership where your needs and wishes
are heard, and you receive detailed and dependable feedback on the progress of your
sale.
Perhaps most importantly, you need to work with a Realtor® who is committed
to being accountable to you and who will shoulder the risk on the outcome of your
home sale.
You see, in most cases, there is no penalty or consequence if the Realtor®
doesn’t perform as s/he promised.
You owe it to yourself to select an agent who GUARANTEES his/her performance in
writing.
This accountability simply doesn’t exist in most Realtor®/Client relationships.
If your home doesn’t sell during the listing period, your only recourse is to start
the process all over again. We give you a commitment in writing that if your home
doesn’t sell within the timeframe promised, we’ll put our money where our mouth
is. If your home sits on the market for longer than the promised timeframe we agreed
on, we will continue to market your home aggressively but pay you a previously agreed
cash amount, out of our own pocket, upon its sale.
Bonnie at Woodson group was great to work with! Very professional!
Travis Maupin
Showed us a great selection of homes within our budget
Very professional, They took all of our needs and wants for our house and were able to show us a great selection of homes within our budget.
ben beatty
Krystin and her team made sure my home buying process went smoothly
I recently closed escrow on my home and Krystin McDonald with Woodson Realty Group was my agent. She was both personable and professional, as well as, knowledgeable and efficient. Krystin understood my needs and preferences. She kept me apprised of any new listings and was available to show me the homes I wished to tour. She was always accessible and I was kept informed through the entire time. Krystin and her team made sure my home buying process went smoothly and escrow closed on time. I feel very fortunate to have had Krystin as my agent and I couldn’t be happier with my new home. I would not hesitate to highly recommend Krystin to anyone in the market for a new home or selling their current one.