Options When Your Home Doesn't Sell
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Take your home off the market.
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Re-list with the same agent.
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Try selling on your own (FSBO – For Sale By Owner)
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List with a new agent.
It's near the end of December and your listing for sale agreement is coming due and now you have to decide what to do with your home listing. Don't be discouraged though. Let's look at the options.
1. Take your home off the market.
The reasons that you put your home up for sale probably haven't changed. Revisit those reasons. Remember, just because your home hasn't sold yet, doesn't mean it won't sell. Consider carefully the next few options.
2. Re-list with the same agent.
Maybe the listing price was too high. Maybe, the agent's advice was not listened to. On the other hand, perhaps you noticed that the agent's performance was not up to your agreed upon expectations. It's okay to give an agent a second chance if there are reasonable performance or communication improvements that will be made. Yet, the following options are worth considering too.
3. Try selling on your own (FSBO – For Sale By Owner)
Let's just say that this option sounds appealing to individuals who think that it will save them on commission costs. Let's just point you to this article:
The regulatory and compliance hurdles, not to mention the time you will need to set aside are generally not worth the hassle for most people.
4. List with a new agent.
The best analogy that we can share for this situation was published by an industry professional who asks, “Have you ever received a bad haircut?” It happens.
Yet, we don't stop getting our hair cut. We probably just pick a new stylist.
Real Estate professionals come in a variety of styles. Some are more experienced and detail oriented.
We list option 4 last because it often makes the most sense. If you haven't talked to Skyrise Real Estate Group yet, you might not be aware that our boutique service delivers a quality of service that is lacking elsewhere. We offered two homes in December that are being sold within just a couple of weeks with us.
Rather than remain discouraged, contact us and see why we're different. Our use of technology and social media provides reach when you need it the most. Learn more about us.
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