Even in this market, with multiple offers and sales prices often well beyond list price there are still ways not to sell a house. Not every aspect is under our control as realtors, or the sellers, but at some level what’s the point in even listing a home in which there are so many obstacles that it isn’t going to sell anyway.
I recently came across a listing in an area that I sell frequently and was surprised at just how many ways they’re trying to deter me from selling it.
Let’s start with the big one…price. This is clearly a rising market so I understand pricing slightly higher than the last similar sale….but those were turnkey and highly upgraded. Trying to set a price record on something that doesn’t warrant it is bad enough on it’s own…but that’s just the first challenge….
Oh wait….it’s subject to inspection. So now I can’t get my clients in to take a look
What….there’s more? Oh it’s tenant occupied and we can’t move in for almost 12 months?
So to recap my clients should by a home that’s overpriced that they can’t see, and then can’t move into until next year…..
….maybe we should wait for the next one….