You just listed your home, are eager for showings and each time your property is shown, you anxiously await the feedback from the person who visited  hoping they plan to make an offer. While some feedback is very direct leaving no room for interpretation, it is more common to receive feedback that keeps you wondering if the buyer has further interest in your home.

I will help you crack the code so you better understand what the buyer may be thinking of your home and if there is any hope you will receive an offer.

If a buyer reports they like your home but selected another one, while this doesn’t indicate anything specifically wrong with your home, it likely means they they’ve found another similar home at a better price.

If the buyer says the yard was too small, then they likely found another similarly-or-better-priced home with a larger yard.

If the buyer says your home needs modernizing, it typically means the buyer has viewed other homes in your price range that were already updated.

If the buyer says they prefer a newer home, it generally implies that they found a home with more updates at a comparable or lower price.

Another consideration when trying to sell your home is the number of showings you have had. Some properties may be very unique and require a special buyer, but in most cases, appropriately pricing your home should be the key to selling it. More than 10 showings without an offer could indicate that your home isn’t priced appropriately based on the current inventory and most recent sales.

Your agent should also be regularly checking current market inventory for new listings as well as recent sales to make sure your price stays competitive among the active listings on the market. When your agent reviews your competitition and the total number of homes selling in your preferred time frame, this will help you to assess if your time-related goals for selling are realistic, or not.

All homes have hurdles to overcome when selling, but an appropriately-priced home will outshine its competition every time. For additional information on regarding showing feedback or tips on how to improve your odds of sale in a realistic time frame, please contact me today for a consultation. I will be happy to answer any questions you may have about the home buying or selling process, help you to find a new home or determine the value of your existing property.

 

 


Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

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Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.  
  

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