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A nice house on small acreage is very desirable in Idaho. Much more desirable than a house right in town on a tiny lot.
Without seeing your listing, I would guess bad photos and not getting your listing seen.
In this market, even junk properties are selling, so you should be getting buyers looking at your place. If it needs work, someone will make an offer.
The only other reason I can think of is a really bad location, but even bad locations are selling. Right next to the freeway, at the end of the airport runway, those are selling. If the location is bad, the price will have to be lower.
Possibly, you could give us access to your ad and you would get more useful feedback? It's just about impossible to tell why a house isn't selling without seeing the house or knowing where it is located.
If it is priced fairly, the problem you have doing a FSBO is that no one is seeing your listing. Somehow get it listed on the MLS so people can see it.
I've heard this too.....or, "it'll sell for the right price."
If the place needs 'remodeling,' lowering the price is probably the way they need to go.
Well... It is the lazy guy's way of saying, "You don't have to do the work, if the money doesn't matter."
Or, as I said above, and put a bit more thought into:
Quote:
Originally Posted by MikeJaquish
Either not enough people are seeing the listing, or potential buyers are just not perceiving value in the property as priced, so are not bothering to see it.
How are you advertising?
Are you getting your property well exposed to the market?
Great photos?
Punch up the advertising, if needed.
If your advertising exposure is excellent, the issue is price.
Cut the fat out of the price, and don't wait for someone to ask.
Often, there is something easily fixable to increase the buyer pool's perception of value.
I'm not going to dig for the property advertisement, but it appears that there is some easy stuff in the comments above.
We are moving into different state due to personal reasons...
We found an amazing home in the place we want to be and put an offer. Offer was accepted, but contingency rejected... We were not worried, because we knew we live in the state that is very popular right now, and people are flocking there... So we thought we will sell our house quick...Our bank approved us without contingency, because we have lots of equity.
Well... a week passed, 3 families look at open house... on Saturday, Sunday... and no offers... We dropped the price some... still,no calls,no offers... Seems to be reasonable, because my husband is an appraiser..
The problem is we do not have time to remodel much... We would lower the price some if people would ask,,, but nobody asks...The house is in well-off area with huge mountain view... Huge shop, and other sheds. House is 2.400 sq feet . Almost 4 acres..
When we sold our previous house in Seattle area 4 years ago, we also were in a hurry, and sold just fine...
We always sell BY OWNER.. Because my husband is a Real Estate Appraiser and does not "overprice"...
What can be the reason? What are we doing wrong?
Plenty of people not interested in FSBO....and if you have come across as "know it alls" because your DH is an appraiser, no one is going to want to deal with you. House I'm in is a FSBO. NEVER AGAIN. Don't care if it's my dream home - I won't know it because I won't even see the ad.
Biggest problem I see is......For Sale by Owner. List it with an agent and it will sell. Keep trying to do it yourself unprofessionally and end up selling it for less instead of selling it for more and allowing the professionals to make their money for their services. That is basically what the problem and choices are that seem pretty obvious.
If it is the listing with the rooster photo, they need a stager and a professional photographer. Those are uninspiring photos.
Personally, I’d also remove the information about the home owner bring an appraiser. As a potential buyer I do not care, and all it makes me think is that you will have dug your heels in on the price.
Personally, I’d also remove the information about the home owner bring an appraiser. As a potential buyer I do not care, and all it makes me think is that you will have dug your heels in on the price.
And it kinda means he might not be very good at his job if he can’t even get his current residence correct.
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