Once your Utah County home has fallen out of escrow or sits
on the market awhile, it is harder to get a good offer.
Potential Utah buyers will think you might be getting desperate,
so they will make lower offers. By overpricing your home in
the beginning, you could actually end up settling for a
lower price than you would have normally received.
If you start out with a sales price that is too high, there
is a high likelihood you interviewed other agents. hey
didn't get the listing, of course. They got "aced out" by
someone telling you what you wanted to hear. Review the
listing tactic of
Buying a Listing in Utah County.
If your listing agent routinely engages in "buying"
listings, he has probably aced out scores of other agents in
the same way. Being human, Realtors in Utah County talk to
each other. If they don’t like your listing agent, not as
many of them will be showing your home. Reputation is
actually very important in this business.
In short, you may have ended up with an Utah County Realtor
who was good at selling you, but not good at selling your
house. And you’re going to pay them a commission for it. This rewards negative behavior. It is human nature for you
to want the highest price for your home. However, when you
choose the Real Estate agent who promises what you want to
hear, it often leads to stress and frustration. Most of the
time, it will take you longer to sell your home. Possibly,
you will end up selling at a lower price instead. Or maybe
as a result of reading this article, you will choose one of
the "good" Realtors in the first place.
If you have photographs of your home in the snow and
it is the summer change them. Keep all your pictures
and marketing updated. If you have outdated pictures
and information the buyers will feel your home has
been listed for a while and won't want to pay you
your asking price.
We've all seen homes for sale that linger on the
market until the owners give up, only to list again.
That can be a great marketing strategy, if you make
changes. You will get a new MLS number.
This is good because your listing will appear as a
new listing in Utah County.
When a home for sale sits on the market for 30 days
or more, it's time to take a closer look at the
pricing, marketing, condition or any combination
thereof. If a seller hasn't had buyers walk through
their doors in 30 to 45 days, they need to lower
their list price.
If the home hasn't sold in six months, the asking
price is off and the condition of the home may not
be in the place it needs to be to attract buyers,
and it's time to take it off the market. Re-listing
the home is a way that sellers can say goodbye to
stale and hello to home sale. If you home in Utah
has been for sale for a while and you are not
getting showings drop your price.
Often we tell people it won't sell at the price they
want and people say, "I can't sell it for less
because this is what I owe on my mortgage." The best
price for your home sale is what buyers are willing
to pay. So don't hesitate to undercut the
competitor's price to get the sale. If you drop the
price to a realistic number you might get an offer
without another price reduction.
When you get an offer make it work out. Do
what you can to close the deal. Sellers in Utah
County should be more flexible and think about the
long term. About half of the homes for sale in Utah
County are short sales and bank foreclosures. If
market conditions in Utah County worsen, today's low
offer might end up being a price they wished they
would have taken three months down the road.
High quality photos are wasted on messy rooms. Even
if it was spotless at the time you first listed,
there's a chance you've grown tired of hiding that
laundry basket and cleaning the toilet daily. Your
furniture might need some rearranging as well.
Spruce up the room and consider hiring a
professional stager. Unfortunately, buyers can't see
past the clutter, and sometimes neither can you.
Our Team member Dave Teasdale is not only
experienced in selling homes in Utah County but he
is a certified home stager.