Thursday, October 18, 2007

Expired Listings and Long Days on the Market

Why Is It Not Selling


If you are selling your home and it has been on the market for several months, you might start to wonder why it just isn't moving. How can you introduce some extra energy into the sale?

The first thing you should do is review the feedback from prospective buyers who have seen your home, and other agents who have shown it. Does your home look its best? Is it accessible for agents to show on short notice? Is the price in line with the rest of the market? Do you need to consider neutralizing any strong decorating features that may not have wide appeal?

Getting your home sold is a collaborative effort between you and your real estate agent. It is important for your agent to market your property aggressively, but you must do your part to ensure that buyers see a home that is as appealing as it can be. Ask your agent for any new ideas that will create results
According to our MLS - Lafayette Multiple Listing Servie there have been 4,645 homes listed for sale in the Lafayette marketplace with just 2,323 of those properties sold.

Pricing Strategies must be very competitive and on the mark in order to sell. According to the National Association of Realtors is a property is on the market for 90 days and has not sold there is only a 20% of it selling in the nxt 90 days. It is critical to price your home right from the start in today's market.

For more information about Selling Your Home contact The Romanski Group today at www.RomanskiGroup.com! We have an Ultimate Marketing Program with Maximum Exposure.

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