The House Is Priced Too High
One of the most common mistakes when listing your home is pricing it over the current market value. No matter how attractive and polished your house is, buyers will be comparing its price with everything else on the market. Start by getting the value of your home by using our Comparative Market Analysis (CMA) tool.
The CMA will provide you with data on “comps” so you can analyze them for a more accurate listing price. The list of comparable sales, along with data about other houses in your neighborhood presently on the market, is used for a Comparative Market Analysis (CMA). To help in estimating a possible sale price for your house, the analysis will also include data on nearby houses that failed to sell in the past few months, along with their list prices. Most importantly, you will get data on how long it takes for homes to sell in your area, this way you understand the average time homes sell in your specific market.
Click the button below to get the value of your home in just a few minutes!
The Photos Are Substandard
First impressions are the most important factor when it comes to selling your home. The quality of your photos along with the number of photos uploaded play a crucial role in how fast your home will sell. According to the National Association of Realtors 2017 study, Homes with one photo spent an average of 70 days on the market, but a home with 20 photos spent 32 days on the market.
Online listings with professional photography generate an average of 61% more page views than photos taken on your phone.
We always recommend a professional photographer to capture your home, however, we know that is not always the case. If you plan on taking the photos yourself, we recommend using a high-quality camera.
For tips on taking better photos, click the link below.
The Commissions You're Offering Are Too Low
Buyer agent commissions are typically paid by the seller and are negotiable! Most listings offer 2.5% to attract the most amount of qualified buyers. If the commission offered is below market commissions, then buyer agents will be less likely to show your home to their clients. We recommend explicitly stating in your listing how much commission you are offering.
Remember, by working with Listed Simply, we save you thousands by listing your home for a flat fee of $79 instead of paying a listing agent the standard 2.5% commission to list your home. 😎