Some houses stay on the market for a long time regardless good or bad housing market. Fizber.com finds the solutions, even in today’s rough market.
Miami Beach, FL (PRWEB) September 5, 2008 — The most attractive homes can suffer from a feature that makes them hard to sell. Fizber.com, an innovative real estate search engine, finds the solutions, even in today’s rough market.
No one thinks there is anything wrong with his or her house. Like an adoring parent believing that their little darling can do no evil, it is easy for the proud owner to ignore a poor property condition, bad location and an absence of parking place. According to Fizber.com, the top five reasons a house won’t sell today are:
1. Poor Condition
Because of the larger inventory on the market of resale homes, buyers are being very demanding about the condition and quality of finishing of any home they will purchase. The value factor of both interior and exterior quality and finishing now plays a significantly higher role in desirability and selling price of properties.
2. No garage or parking place
“Everyone has at least one car nowadays”, says Julia Foster of Fizber.com. “It’s hard to sell a house today without a garage.” Those buying a home, even if it’s for the first time, want big garages with space for two or more vehicles.
3. Price
The important thing to keep in mind is that the property won’t sell if it is priced above comparable homes in your neighborhood. “I strongly believe there’s no such thing as a house that won’t sell”, comments Julia Foster. “If it isn’t selling it’s too expensive.”
4. Bad Location
Houses at bad locations are hard to sell and will sell at substantial lower price than the similar one in the good locations. It is considered as bad location if one of following factors is associated with the home. Those factors are high crime areas, bad schools, busy roads, poorly maintained neighboring homes, lack of public transportation, poor shopping, power lines and poor parks.
5. Empty house
Realtors know that an empty house is extremely hard to sell. Home staging is critical if a homeowner want a fast sell in this weak market. Home stagers will create a vision for the new buyers by staging a home with their own unique collection of artwork, furniture, high quality accessories and accent pieces. The result is a beautiful home that stands apart from the competition. Across the nation home staging is becoming increasingly more popular.
About Fizber.com
Fizber.com is a for-sale-by-owner website listing about 2 million homes for sale. Listings are available for homes all over the United States. Fizber’s online platform enables home buyers to benefit from the convenience and efficiency of online technologies. The site also offers to list for-sale properties on a multiple listing service for a $349.95 flat fee, to submit property ads to a variety of property search engines for a $299.95 flat fee, and a package of both services for $499.95.
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This is a great list. I am using it with my newest agents and helping them understand how these points impact the sell. Staging is critical these days and my staging company understands this very well. We have far greater success when we can stage the house just right for the clients.
Right now? I’d have to say the economy is what is making houses hard to sell.
Excellent thoughts! Really a great look at stepping back and viewing things from an objective standpoint. These are practical ways to assess what’s needed. I really appreciate the sources you quoted too.
I agree that the economy might make it harder to sell, and I think that means, that sellers have to work even harder and look at things more closely.
These are all soo true! Even when you know these things, it is hard to see them in your own home. We all, real estate agents included, tend to turn a blind eye to these things when it is our home. We have just become accustom to those things.
I agree that staging is a good practice to help sell a home, but no matter what you do right, selling a home in todays market is going to be tough. I am watching to see what kind of creative ideas come from this tough time.
The things which you mentioned above are very true. It has become really very difficult to sell your house now-a-days. As the economy is in recession period, how much you lower your selling price of your house, there are no buyers to buy it. You have to follow certain techniques for home staging even to make your home look attractive to the buyers. Even if the price of your home rises due to home staging still you need to consider the cost of it since you can’t charge more for staging.