Changing Realtors Does Not Solve the Problem of Pricing on a Home
Most real estate agents have experienced this scenario in their real estate work lives. The homeowner calls another agent in to see what they will do for their home for sale that already has been for sale with 2 or 3 other real estate agents. Obviously, no home sale has resulted. Why is that? Is it condition of the home? Is it size of the home? Is it the location of the home? And the list goes on of reasons. But there is one reason they all share...it is all based on home selling price...that is is it. When the sweet spot of a selling price is on a home it will sell quickly!! No brain science here.
Yet we have homeowners who continue to share with the new agents coming in that the house was just not presented well and correctly to the public! They will live in their own bubble ignoring advice on staging or odors to price the home they have for sale correctly.
It is so interesting to watch as I have driven by two homes over the last 3 years that have gone through this process. I know all the Realtors who have unsuccessfully tried to market and sell the home. They did their job well as far as I can see to do their best at the wrong selling price. Each agent was told the seller 'had to get this price' and thought they could move the sellers on price. Sometimes past patterns and motivation are indicative of future actions ( just a bit of psychology of human patterns observed here). Sometimes you need to just not take the listing!
Unfortunately, these homeowners have bashed the agents who tried to sell their home for all sorts of bizarre reasons. Know that it is the real estate market that tells you the price the home will sell at. We are in a sellers market in Rhode Island ( a long time coming by the way) so any house sitting on the market for more than 45 days is priced wrong. Sellers you need to understand that it does not matter what you owe on the house or what you put into it dollar wise. Hear ye, hear ye...the bell tolls for the real estate market pricing right. The time to do it is now!
Yes, both these houses are on their third & fourth real estate agents at the original prices and still they have not moved the sellers or priced to the sweet spot of selling yet!
So why does a home for sale keep changing Realtors?
Waterfront, oceanfront, luxury and coastal Rhode Island real estate are my specialty but all of RI is my backyard. When you are in need of a knowledgeable North Kingstown RI real estate specialist for your buying, selling or relocating needs and a savvy marketer who sells RI houses in this real estate market, call Ginny Gorman at 401.529.7849 or email her at RiByTheBay@gmail.com today.
This blog © and its contents is original to Ginny Lacey Gorman
Ginny L. Gorman, a purveyor of Fine RI Waterfront Real Estate
Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich RI and beyond ... I sell dreams! Because there is no place like home...the RI Real Estate Agent in the Sparkly Red Shoes.
Looking for a knowledgeable Rhode Island Real Estate Agent? Let me GOOGLE one for you!
cell: 401.529.7849 Ginny Lacey Gorman, Realtor