The Top Reason Why Houses Fail to Sell

By Harold, 11 July, 2009, No Comment

Selling your home is challenging. There are thousands of homes for sale at anytime in your area. The competition is ruthless. There are real estate brokers who spend thousands of dollars marketing their listings hoping to obtain any interested purchasers. There are property sellers who spend a few thousand dollars to stage their homes so they look like magazine show houses. People spend thousands of dollars doing fixes and upgrades to their homes in hopes of selling now. How do you contend? Do you have the money to market your house so the purchasers see it? Does your home look like a model home? Have I discouraged you from selling your home? Don’t worry; I have the solution to your troubles. I can tell you from experience what sells homes. I can tell you each secret but the question is will you believe me?

I started off as a property investor and discovered how to acquire and sell homes quickly. Lots of of the late night tv shows only show people how to purchase homes, but rarely talk of how to sell the home. Acquiring a house at a discount is not at all difficult. Selling a home fast is the difficult part. I can tell you from my experience what sells houses. Sure, having a neat house is important. Good curb charm is needed in order to get individuals to take a look at your house inside. Having a well staged house is going to certainly help you sell your home. Making upgrades and improvements to your house won’t hurt. Marketing your home is highly important, since you must let people be aware that your home is available for sale. But what truly sells homes?

COST

Sounds too easy. Sounds broad. Sounds like good sense. It is common sense. As a real estate investor I would buy the houses at such a discount I was able to get them repaired and sell them for 95% of the average retail price. Why would I sell it for 95% of the normal retail price? Because I know the price of money. I did not wish to keep the real estate property and wait for many months in order to sell it. Why would I wish to contend with thousands of other threebedroom twobath houses? I wanted to sell my house, take my money, and purchase a new property. I could hear you right now. Why would you wish to sell for less money than retail? Well, you are assuming that you priced your home reasonably and that all of your competitor priced their house reasonably. The truth is many people do not know how much their home will be assessed at. Majority of houses fail to sell at their list price. The national average is between 95% to 97% of listing price and it commonly takes an average of four months to sell a home. Consider these figures. You can list your home for several months only to sell the house for 95 percent of its list price. So why not just price your house less than everyone else and get the process done? Before listing your home for sale, think about getting a property appraisal. There are a number of no-cost house appraisal services on the Web. I suggest you try out a number of them and take the average of the home evaluation. As soon as you have this figure, take off three percent from the evaluation and then list your property for the final figure.

Find out the amount that your home is worth, discount the evaluation and list your property at this price. Price sells properties. People are after value and you’ll sell your house fast if it’s priced correctly.

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