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Updated almost 11 years ago on . Most recent reply

User Stats

69
Posts
17
Votes
Greg Fend
  • Investor
  • Harker Heights, TX
17
Votes |
69
Posts

Not getting offers

Greg Fend
  • Investor
  • Harker Heights, TX
Posted

We listed our latest flip in San Antonio 42 days ago. The realtor is doing a good job of showing the house with some decent traffic, we've done some staging, it is in the desirable Alamo Heights neighborhood, and all seems to be ready. We've even already done one price drop.

I understand the need for patience. I'm just curious to hear from the community: what actions do you take after a flip has been on the market for a while to improve your chances of getting an offer worth taking? Do you continue to make small improvements, additional price drops? My partners are thinking about painting the exterior and adding some shutters to increase the curb appeal (although I think it still shows pretty well).

What are your thoughts, BP?

If interested, here's the link to the listing:

http://realestate.sabor.com/homes-for-sale/TX/San-Antonio/78209/202-TUXEDO-118555986/popup

Greg

Most Popular Reply

User Stats

847
Posts
237
Votes
David Niles
  • Property Manager
  • DeLand FL
237
Votes |
847
Posts
David Niles
  • Property Manager
  • DeLand FL
Replied

If your getting traffic with no offers, something is turning them off. Your agent needs to hound the showing agents for feedback, while they all promise to give it to you, most are too lazy unless you chase them down right away while its still fresh.

I would hold a well publiczed open house and same thing, work the crowd for feeback. There has to be something that is giving a bad feeling or turn off.

  • David Niles

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