Tips for Relisting a Home That’s Not Selling
In the event that a house fails to sell, it is essential for the agent or owner to consider alternate methods. Read this article to find out tips and tricks for relisting a home that’s not selling.
An excellent to do is to try updated pictures.
It could be beneficial to take pictures from various perspectives to illustrate the relationship between parts of the scene.
A photo taken at twilight the day before may be helpful. For residences with a large plot of land, or those located close to a body of water, forest, or the shoreline, aerial shots taken by a drone may be advantageous.
You may need higher quality images.
When it comes to real estate, investing in excellent quality videos and pictures can be a smart move for attracting the right kind of buyers. As we discussed already, the amount of photos taken is not as important as the quality of the images being used. This is why it is essential to hire a professional photographer that is reliable and not just the most affordable.
Pay attention to the difference an excellent photograph makes. If you use substandard images of a home in a regular neighborhood, it will outshine the other properties in the same price range. This will attract more buyers searching for the best deal. To find a reputable real estate photographer in your area, make sure you do your research. You could also consider investing in other services beyond photography which could be beneficial.
Many homes these days use video tours along with high-quality photography.
If you’re not using a video in your marketing strategy, this may be an excellent time to try real estate video. All leading agents are using video to increase sales.
Another option is a floor plan.
A NAR survey from last year saw that 55% was considered useful floor plan information in a marketing campaign, and was at the top 3 of the most requested features for consumers.
Some homes take an hour to sell, and they need a price drop.
Basketball legend Stephen Curry purchased a residence in California for $ 3.2 million and put it up for sale 14 months later for $ 3.6 million. Despite multiple attempts to sell the property, it was eventually sold for $ 2.94 million in 2017. According to an industry expert, the combination of the cost, condition, and visibility of the house is the formula for a successful sale. When the three factors are in balance, the house will usually sell quickly; however, if one of the components, such as the price, is off, it can take more time to find a buyer.
The final choice, as mentioned above, is to make changes to the home condition or presentation.
For example, if a home has furniture, or walls not painted for 20 years, then bringing a property stylist to rebuild the house, or an artist to update the wall color will help much.
I have seen that many homes are getting a fresh look of new photos, and sell it within a few days after being on the market for months without the buyer.
Here is Agent Lewis, a property stylist:
“Our team recently worked in a new five-bedroom house and created a high-end soft industrial technique based on excellent natural light property and premium finishes. The buyer is the first the person who sees the property when it is empty, sees it, and its offer has increased from $ 4 million to the final sale price of $ 4.35 million.”
In another example, home staging owner Mrs. Brown has said that a house she designed for $ 8000 on the coast has previously earned offers of no more than $ 890,000.
Therefore, the style of a home can help attract consumers, and consumers often want to pay more in that house, making it a smart investment property style.
