You list your home and you anxiously await an offer. Showings are sporadic. Thirty days go by, then sixty then ninety. Then you pass the average days on market in your area. It starts to become obvious to you that your house is not selling and now your are getting worried. The days on market (DOM) is the amount of time from the day you list a property until the day you take your house of the market due to an accepted offer. Typical DOM runs about 74 to 120 days in our area and can be very … Continue reading...
Expired Listing- Quality Photography can make a difference!
Expired Listing- No home seller goes into selling their house to have their home become an expired listing. But it happens, more often then you think. Dracut Massachusetts in the past year had 379 homes sold. Yet in that same time period, 104 homes expired unsold. That is 27% of the market expiring unsold. Now of course some of those will go on to be sold or some sellers will just give up. Just as a side note, in the same time frame, 226 homes had a total of 359 price changes before … Continue reading...
Re-listing your home- THE DREADED EXPIRED LISTING!! Part 3
This is the third post on a 5 post series. There is nothing worse than putting your house on the market to find it sits with no offers and the listing contract expires, with your house unsold. In post 2, we talked about how important effective communication between the real estate agent and the seller is to a successful sale. In part 3 we will talk about pricing. Pricing Review it with your Agent Pricing is the single biggest reason why homes sit on the market unsold. It is time to review … Continue reading...
Re-listing your home- THE DREADED EXPIRED LISTING!! Part 1
Re-listing Your Home! Avoid being an EXPIRED LISTING again!! It’s happened! Your listing is about to expire and your home hasn’t sold. The initial listing period agreed upon between you and your real estate agent has expired. As expected you are probably disappointed and frustrated because your home did not sell and you are wondering what to do next. Stay calm; it’s not the end of the world! There are strategies that can help you sell your home. For starters, don't panic. You … Continue reading...