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Follow on Google News | Avoid these 7 reasons why your Macomb County Michigan property won't sell!By: Rick Giese RE/MAX First 2. YOUR PROPERTY WON'T SELL because it's overpriced. It's important to be as objective as you possibly can. Look at the home as though you were a "buyer"... if necessary, make an appointment with your Realtor to view other properties that are priced comparably to yours. Be brutally objective. Given the other options on the market (and yes, you DO have to include short sales and foreclosures on your list... your potential buyers are!), would YOU buy your home, over the others that are currently available on the market? If the answer is "NO", (and try to be as honest as you can) well then you have your work cut out for you, don't you? You either have to "update" your home to meet or beat the competition...( 3. YOUR PROPERTY WON'T SELL because it shows badly. This could mean almost anything... from the 60 pound angry canine, barking and drooling at the potential buyers from behind the safety of the flimsiest child-gate, to the lingering smell of 30-years of smoking. Maybe the carpeting shows traffic-pattern wear, or your windows allow in slightly more than daylight. All things that aren't visible from the internet, but whoa.... once you get inside the house... they show up, like a cat-urine-soaked- 4. YOUR PROPERTY WON'T SELL because you're invisible. Today's buyer comes from the internet, almost exclusively. Have you (or your agent) simply plopped the property on the MLS, and started praying? Are you on all the websites...( 5. YOUR PROPERTY WON'T SELL because your listing is tired and stale on the market. Okay... yes, you overpriced your home initially when you first came on the market a year and a half ago. But since then you have reduced your price almost monthly, constantly chasing the market down. Now, finally you're truly priced where you believe should be, but your listing (not your house) has become tired and stale. Everyone who is looking for your type of property (ie: 3br/1.1 bath) in your area has already seen the listing online, or in person and they remember that there was "something" about it that they didn't like... but what they don't remember is... what they didn't like.... was the price. Time to take the listing off market. Let it cool off (3-6 months), and bring it back on fresh in the Spring. Yeah, you'll have 6 mos. worth of holding-costs... but you'll more than make up for it in your purchase price. 6. YOUR PROPERTY WON'T SELL because your house won't appraise. The house looks great... you've finally gotten someone to bring you a bid on your slightly over-priced, but beautiful pied-a-terre. But the bank appraiser says it's worth $20,000 less than your buyer has agreed to pay. Heavy sigh... bite the bullet.... negotiate with them. If you have to drop the price $20,000 to make it work.... "make it work"... chances are, anybody else trying to buy your house will run into the same problem. If you're not willing to negotiate the difference, you may find yourself with no buyer, and accepting a lower offer somewhere down the line. 7. YOUR PROPERTY WON'T SELL because it's unavailable to show. You have a baby, and a 1-year old. And they need their naps. So you've told your Realtor in no-uncertain- If you're thinking of selling, I encourage you to take a look at what your home is currently worth by using this free home value calculator, which takes into account recent area sales: Enter your home address here to find out what your home is currently worth at Visit: https://www.searchallproperties.com: This calculator will offer a decent estimate of your home's value, but if you're serious about maximizing your results, don't hesitate to reach out for an in-person consultation. If you're ready to take advantage of current conditions while they last, please give me Rick Giese a call at 586-242-3100 or send me a email rick@rickgiese.com End
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