How can i sell my house fast?
Answer:
Price is 100% of the problem if your house is on MLS with a licensed Realtor.
A basic economic theory is that "markets clear". The market clearing price is the price at which the quantity supplied equals the quantity demanded. The average days on market in Napa as of 10/01/06 is just a bit above 50. If no one is buying your house at 594k after 50 days on the market and it's listed on MLS, the market is telling you it's overpriced. The current median price for Napa is $660k with a price per square foot of $446 (10/1/06). Inventory levels have been in the 650 range although there is a spike down right now - which means it's clearly a buyers market, there is _A LOT_ to choose from and you need to be competitive. Is your house priced correctly on a square foot basis? Do recent comparable sales support 594k? Although I don't know your property, my guess is not.
Once you re-price your home to market conditions, offer an adjustable sales plan. Lease-option, owner carry back financing, and equity sharing bring buyers to the table.
Make sure your house looks nice. Remove clutter and make it clean and simple. If you can afford to, hire a staging company, or ask your agent for help in making sure your house always looks clean and simple. Paint walls white/cream if you've got crazy colors up. Install new carpet or flooring if yours is dirty or otherwise damaged.
Also offer to buy-down loans and pay a higher commission to the buyer's agent. Offer to pay next years property taxes. Offer a plasma TV to the buyer and the buyer's agent. Money talks!
Finally, market your property to buyers. Create a website, 123whateverst.com. advertise the website using Google AdWords. Post classifieds in the local papers. Always have a listing on Craig's List. Try using new services like Buyer Hunt, http://buyerhunt.com, to find buyers. These are things your agent should be doing at their expense. If they aren't, ask them to. If they won't, fire them.
Try offering a lease/purchase, seller financing or dropping your price another $50,000.
This site has many reports that will most likely answer most of your questions -- www.paynotaxesforlife.com
Look for good rieltor.Price sometimes is not important for buyers
Regardless of the market, there are only two reasons why real estate doesn't sell.either the price is not right or it is the best kept secret. Reducing the price from $630,000 to $594,000 does not necessary means it is listed right. You should do a comparable cost analysis of sales in your area for the last 6 months to see how your listing price compares to what the other homes that actually sold. Never mind about the ones that are still listed. Not at this point yet.
If your listing is plus or minus 5% of the most recent sales, then you need to see how your home is exposed to the buyers. Forget about advertisment. It does not work,(surprise). If advertisment works, the real estate brokerage insdustry will cease to exist in no time flat because all the home owners will simple place and ad, place an sign and bam everything is sold. Instead it is called the 3 P's.place and ad, place a sign and pray. You need to see how your Realtor is presenting to the rest of the broker. community.
It is important to make a good impression immediately. Take any kiddie toys, garbage, non running cars/ trucks or equipment from the front of the house. Some people will be turned off immediately and not bother to look. Be sure that the house is clean and tidy and smells nice. Dog and cat odor is a turn off no matter how nice your house looks. If you have pets especially an unruly dog confine him/her to a specific area. Make sure that bathrooms, bedrooms & closets are tidy so that they show well. Straighten up and dispose of unwanted items from all rooms & garage so that their size is evident. A garage full of garbage is a no-no.
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