Peterborough and Lindsay Stories and Headlines: Quote of the Day, Your home on the market for over 6 weeks? If so, it’s time to do something about it.
Todays thoughts: We have had a lot of tragedies in the news in the last few weeks. It is heartbreaking to know so many are in pain because of losing loved ones. I love Christmas and the holiday season but if I read one more time that someone lost their life and it is more tragic because of the time of year I am going to scream. Think of others everyday of the year. Not just Christmas. Lend a hand if you can in July. Pain is there too. My thoughts especially goes out to the Hydro One workers that lost their life yesterday.
Quote of the day: Focus on things that are small enough to change, but big enough to matter.
-Kat Cole
Real Estate Advice:
Your home on the market for over 6 weeks? If so, it’s time to do something about it.
The holiday season might traditionally be a slow time of year for the property market, as buyer inquiries tend to slow down, but that might not be the only reason your home hasn’t been snapped up yet.
Here is a few tips to help you get the SOLD sign up.
PRESENTATION:
Research shows seven seconds is all it takes to make a lasting first impression.
Is the driveway and sidewalks clean of snow and ice? Is the entrance of the house bright, cheery and also clean? Leave a big mat for boots.
PROMOTION:
How are you marketing your home?
If you’re only advertising through one media source, then you’re probably not exposing the property to a big enough market.
Make sure it has a presence online, through all forms of social media, and in print.
PRICE:
Ask yourself if you’re asking too much for the property. If your expectation is out of line with the market, it’s less likely to attract a buyer.
The data shows that the longer a property sits on the market, the less the market thinks it’s worth the price.
“If a buyer turns up (to an inspection) and the agent has had the property sitting on the market for six months, you’ll have a totally different opinion of the property, compared to if it was its first day on the market.”
AGENT:
Your real estate agent could be holding you back. If you don’t think they’re working for you, meet with them and get things back on track.
“There’s an old saying in horse racing — sometimes if you change the jockey, the horse will win. It’s not always the horse.”
AVAILABILITY:
Your property needs to be available to a buyer when they want to inspect it as real estate is an ‘after hours’ business.
This can be hugely dispiriting, especially for people with young kids, but it’s a case of short term pain to avoid a long time on the market.
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Written for you by:
Your local Realtor
Brad Sinclair, Sales Representatie
Flat Rate Realty
Offering you exceptional service at 3.75% commission. Why pay 5% and get less?
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