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Updated almost 3 years ago on . Most recent reply

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Simon Obas
  • Rental Property Investor
42
Votes |
199
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How soon should you change your listing agent?

Simon Obas
  • Rental Property Investor
Posted

I have a home listed for 11 days and I’ve had zero offers. It’s a flip so the home is fully renovated. Given that it’s a sellers market I assumed as soon as the home listed, the offers would start pouring in but nope! I’ll admit the landscaping was not good which I am currently addressing but the home itself is nice. I just don’t feel like my agent is doing enough to market the home needless to say, she’s not familiar with the area.  it doesn’t even have a sign outside. My research also tells me that We probably overpriced the home…. My thinking is to finalize the landscaping and then get a new agent to re-list. Listing price is $849,995. Address is 69 sylvan rd Madison ct. feel free to check it out on Zillow…. Would love your thoughts on what I should do.

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Karen Margrave
  • Realtor, General Contractor, and Developer
  • Redding, CA & Bend OR
4,161
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7,627
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Karen Margrave
  • Realtor, General Contractor, and Developer
  • Redding, CA & Bend OR
ModeratorReplied

Why did you choose the agent that listed it if she's not familiar with the area? Does she belong to the MLS that's in the area where the house is? Is it on MLS? Did you ask her how she is marketing the house? If it's on Zillow then it is being exposed to buyers, so I'd have to guess that it's over priced, and that's the reason it's not getting any action. Buyers usually aren't afraid of low balling on houses, so it could be the landscaping is playing a part.

Not knowing that market, I can't say what the issues are, or competition is. As to the finishes, I wouldn't have picked that slick tile in the bathroom, looks pretty, but slipping hazard. Also, the exterior looks like it may need paint, and how old is the roof? I can't tell from photos, but is it a dirt driveway or asphalt? 

The devil is in the details. The exterior doesn't have alot of curb appeal, and a buyers 1st impression, clean up the landscaping, weed eat, leaf blower, etc. will help. Good luck. 

  • Karen Margrave

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