Marketing fail. My houses are not selling

[Wes Barnes]

My business partner and I currently have 4 properties up for sale in the Lubbock, TX area. 2 have been on market for about 1 year, We are trying to sell them ourselves however the potential buyers who see the properties either have bad credit, or cant afford it. What is the best way to market a property.

Please checkout our work, and provide me with your thoughts on how we should proceed.

6011 Norfolk Ave, Lubbock TX 79413

[Jordan Sutherland]

@Wes Barnes I have a listing under contract right down he street. It's the exact same size and is a complete remodel and a flip. When I analyzed the neighborhood comps, I came to about $91.5/sq ft. You have to remember that the larger homes in any neighborhood are difficult to get as much $/sq ft as the average size or smaller homes. $300,000 is well over the average price of a home in a Lubbock. Your buyer pool is pretty limited. Anything over $200,000 requires more than just taking some mediocre pictures and putting the property on Zillow or the MLS. You guys have yours priced at $96/sq ft and your remodel looks good, but I wouldn't say that house has anything to justify asking much more than comparable properties. Also, if you're trying to sell a $300,000 house , why try to cut corners? Professional photos would be like $100 and would be well worth your money. Also, hiring the right agent would probably help as well. Many agents, like myself, can work with you on the commission. With that being said, Melonie park is a great neighborhood. It's one of the few neighborhoods in Lubbock that makes flipping a little easier if you buy right. You guys definitely bought in the right area. I hope it all works out for you! Also, for 2818 25th: What the heck are you guys thinking with those pictures? No offense, but the listing made me laugh. And for 9615 Albany: If you're doing FSBO, why not at least spend a few bucks to actually market the property? You should also make it obvious that you'll pay a buyer's agent commission in any FSBO listing. 90% of qualified home buyers already have an agent. Those agents don't want to deal with someone who will throw a fit about a commission on a $130,000 house. Doing FSBO on a $130,000 house limits your buyer pool mainly to mid-low income people who don't have an agent and aren't prequalified to buy. A home like that would easily go under contract in a week, most likely with multiple offers, if marketed right. Build your team and delegate the tasks to your team that they know how to do right. In the long run, you'll lose money trying to do it all yourself.