(530) 386-0598
  • Search
    • Search All Properties
    • Search by Map
    • Search by Neighborhoods
    • Popular Real Estate
    • Leeder Featured Listings
    • Leeder Sold Listings
    • New Listing Notifications
    • User Login
  • Tahoe-Truckee Area
    • Neighborhoods
    • Golf Communities
    • Lakefront Homes
    • Lakefronts – North Shore
    • Lakefronts – West Shore
    • Luxury Homes
    • Ski Resort Homes
    • North Lake Tahoe Homes
  • Buyers & Sellers
    • Free Real Estate Reports
    • Current Market Reports
    • What’s My Home Worth
    • Selling Your Home
    • Buying Made Simple
    • Quick Sales Tips
    • Owner Benefits
    • Mortgage Calculator
    • User Login
  • Blog
  • Free Reports
    • Free Real Estate Reports
    • Current Market Reports
  • About
    • About Us
    • Testimonials
  • Contact
(530) 386-0598

THE EXPIRED LISTING: Find Out Why Your House Didn’t Sell Before!

It has been said that what makes a property sell is Location, Location, Location. Sounds catchy but is only partially correct. There are five factors that will get your house sold: LOCATION, PRICE, CONDITION, the MARKET, and the AGENT that you select.

Any agent can get your house sold the first time it appears for sale if these factors are in place. Let’s now review these five factors.

Factor # 1 LOCATION
The location of your house is what is and cannot be changed. In the buyer’s mind a house on a busy street, near power lines, next to or backing up to a commercial business or perhaps too close to a school is less desirable.

Homes located in a quiet cul-de-sac, backing up to a greenbelt, or offering an exceptional view are more desirable.

Factor # 2 PRICE
Every home owner wants to sell their house for as much money as possible, but many times if the asking price is too high your house will help sell other houses in your area. Over-pricing property usually has the following effects:

  1. Increases market time, which causes homes to sell for less than market value.
  2. Buyers who should be looking at your house will not see it because it is out of their price range.
  3. Buyers who do look at it purchase larger homes that are priced the same.
  4. You receive low offers or no offers at all. Remember, a higher asking price does not automatically equal a higher sales price. The more you overprice a property, the more likely you will sell it at a price lower than it is worth.You want to price your house to attract buyers for your neighborhood. The more buyers you have the more they will compete for your house, which will drive your price up. Then you can receive offers over and above your asking price.

Factor # 3 CONDITION
Buyers are wanting to get the most home for their money and many times are looking at new homes as well as resale homes. Buyers will pay top dollar for homes that are in pristine condition. Your agent should be knowledgeable in this area and can make suggestions of minor things you can do to help your home show its very best.

Factor # 4 The MARKET
The real estate market is always in one of three types of markets.

  1. A hot seller’s market where there are low inventory and more buyers which, in turn, drive selling prices up.
  2. A normal stable market where there is an equal number of buyers in proportion to the number of homes for sale. The result is home prices remain stable.
  3. A buyer’s market where there are more homes for sale than buyers who want to buy. This, in turn, will cause home prices to decline.

Factor # 5 The AGENT you choose

Any agent will show enthusiasm and will want to list your house for sale. Unfortunately, many agents still cling to ineffective marketing ideas that do little to sell your home, which means that you miss out on the best buyers. Choose your agent based upon

  1. Experience at listing and marketing houses for sale.
  2. Ability to use technology to market your house world wide to buyers 24/7.
  3. Reviewing with you a comprehensive Marketing Analysis of home sales in your area.
  4. Ability to offer a step-by-step 30-DAY MARKETING PLAN that will get your house sold at the highest possible price, within a time frame that best works for you.

Working with a full-time professional real estate agent is a must. Choose your agent by asking questions of him or her. Find out how knowledgeable they are about houses currently for sale in your price range and also of houses that have recently sold. Does your agent work with a good lender that can assist your new buyer to obtain financing? A good listing agent can get your house sold quickly at TOP DOLLAR and help you find a new home.

Download PDF

Lake Tahoe

Real Estate

What's Your Home Worth

More Details

New Listing Notifications

Sign Up

Categories

  • Local Events
  • Market Reports
  • Real Estate News
  • Uncategorized

testimonials

"Just wanted to drop you a quick note to say thank you for your help in purchasing our 2nd home in Tahoe. You were patient, professional,... continued"
- Brian
View Testimonials
Leeder Real Estate Group Logo

Contact Us

Bill and Nora Leeder
(530) 386-0598 Bill
(530) 386-0599 Nora
Email Us

  • Email
  • LinkedIn
Oliver Luxury Real Estate Logo

Popular Real Estate

Lake Tahoe Golf Communities
Lake Tahoe Lakefront Homes
Lake Tahoe Luxury Homes
North Lake Tahoe Homes
Lake Tahoe Ski Resort Homes

Sign Up for Current

Market Reports

Learn More
Corcoran Global Living Logo

Bill Leeder BRE #00789091 | Nora Leeder BRE #00864308
sitemap   •   admin   •   ©2021 All Rights Reserved  •  Real Estate Website Design by IDXCentral.com