Top Ten Reasons Your Perrysburg House Has Not Sold
November 25th, 2008 . by Jon Modene
Many, many houses are NOT selling.
Many, many homeowners call me or email me to ask for help. Not everyone listens or understands. That’s fine – we are in a brutal and unprecedented market. I don’t like it either, but to quote the new axiom of the day, “it is what it is” . . . . whatever that means!
- Unmotivated Sellers. (They really don’t need to sell, so they don’t)
- Part-Time Listing Agent. (If your Realtor has a “real job” or “other job” your house will most likely not sell – the managers at Costco frown on their employees selling houses while they work there)
- Poor Marketing. (Print is DEAD. Sorry if you own a newspaper or a forest in Canada! – Have you heard of the internet?)
- Price. Price. Price. (Get this wrong and NOT EVEN I can sell your house)
- Location. (It still matters and it matters even MORE in this market)
- Condition. (see #5 above)
- No Showings Allowed. (Just plain crazy in this market. You might have one showing a month and you are not letting them in???)
- Kennel Club. (I estimate that 45% of the buyers I show are either afraid of ______ (fill in the blank with cats or dogs) and/or / but are allergic to __________ (fill in the blank with cats or dogs or both). You can do the math.
- Reduced/Discounted Selling Agent Commissions. (Yep – that’s a great plan to “save money”. You ought to fire your Realtor right now if they have done this to you – don’t understand what I am talking a out – email me for a free Special Report at jon@modene.com)
- Wrong Buyeritis. (We actually need more than an offer today to sell a house. We need this formula for a closing to occur: House + Good *Buyer + Credit Score + Down Payment + Appraisal to Contract Price + Lender with $$$$ + Good Home Inspection + Clear Title + Sane Loan Underwriter = Closing. NONE of these steps can be skipped. *And note that the buyer has to have a JOB or cash)
So there you go – if you house has not sold, I can practically guarantee that one or more of these items is operating in your life right now.
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