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Why won't your house sell?
Over 43,000 homes have sold in the Twin Cities in 2010.
You put your house up for sale and what happened? The listing expired without a sale. And now you are wondering what went wrong. Like all homeowners, you hoped your house would sell quickly-some houses still do. But-as you've found out-some don't sell. In tough markets like ours, as many as 2/3 of the listings expired unsold. What should you do now? If your listing has expired and now you really want results, I can help. Don't get spooked by the death of the first listing. The home sale you want is still within reach!
Contact me to get your home sold! joel@homesbyjoel.com or 952-475-9541
Are you committed to selling?
First, take a step back and review your decision to sell. Do you still want to move?
Although you may feel discouraged, if you still want or need to sell, make a renewed commitment to do what it takes to market the home effectively. Next, find out precisely what went wrong. An expired listing usually reflects a problem in one or more of these 6 major areas: communication, price, condition, location, access or marketing.
Communication
Why no sale? What did prospects say about price, about condition? What feedback did other agents offer? Teamwork between seller and agent is key to know how to alter a marketing plan for success. Inattention to a listing can be a factor, but rarely the whole story. Every seller can boost a property's exposure. Make it easy to show: consider a lockbox , a For Sale sign, and showing times that are convenient to buyers. Also, keep the house in showplace shape, depersonalize furnishings so the prospects see themselves at home, keep large pets at a distance. Most important, we want to hear from you. Our sellers are a key source about changes in the neighborhood and property condition that affect a property's salability. Also you have my word you will hear from me regularly-the more we work together, the faster a sale will be closed.
Price
This is the most common culprit for the lack of a sale. An incorrectly priced house attracts the wrong buyers or worse-none at all. Market conditions probably have changed since you initially listed listed your house. Houses may have sold, additional homes have come on the market and mortage guidelines-interest rates have changed. We can prepare an accurate-up to date "Guide to Value" reviewing current market conditions. The days of a home being overpriced and still selling are gone. With the internet nowadays, buyers do their homework and become extremely informed on market conditions. Activity without offers often indicates overpricing. Remember, any house, no matter what condition, will sell for the right price. You need to ask yourself am I committed to selling or am I committed to a price.
Condition
Is your house someone else's dream home? When buyers enter, do they think, "I love this house!" A house in move-in condition invites a sale. Poor condition does not necessarily mean a home needs a major overall. Minor things can equate in a buyers mind of poor condition-in need of paint, dirty or worn out carpets, leaky faucets, squeaky doors, broken windows and outside curb appeal. None of these items are a big matter individually, but they start to add up and buyers wonder if bigger problems lurk unseen (mechanicals-roof)! The way you live and a home and the way you sell it are two different things.Remember in selling your home the cliche "you never get a second chance to make a good first impression" is right on the mark.
Location
Real estate is all about location, and some locations are clearly better than others. Since you cannot pick your house up and move it, the alternative is to improve what you have. Plus price it correctly.
Access
You want to make matters as easy as possible for buyers. A lockbox on the door allows agents to schedule appointments at the convenience of their clients. Owners, pets and children should be away when open houses and showings are scheduled.
Marketing
As the old adage says "Advertising doesn't sell houses, agents do." Your secret to success is a carefully crafted marketing plan that exposes your property to the widest possible pool of prospective buyers. Click on "Want to sell your house?" to see my marketing plan for your home. INCLUDING a huge internet presence and good quality clear photos of your house and yard. Alot of agents do not have good photos on the internet.
The market is tough, but there are buyers out there, the trick is for you and your agent to show value in your home. That's most likely to happen when your house is prepared in advance, its pricing reflects marketplace realities, and your home is easy to show.
Remember when you HIRE me you get me, I will not turn you over to an assistant or team member where you never see or hear from me again.
Contact me today if you would like to set up an appointment to meet with me regarding the sale of your home - joel@homesbyjoel.com or call me at 952-475-9541
Homes by Joel is brought to you by Joel Hentges of Counselor Realty. Helping people buy or sell homes and real estate in the Greater Lake Minnetonka area. Especially in Chanhassen, Deephaven, Excelsior, Minnetonka, Minnetrista, Mound, Orono, Tonka Bay and Wayzata MN Minnesota. Offering many Minnetonka Lakeshore homes for sale.
Homes SOLD by Joel
www.homesbyjoel.com
Mound
4941 Island View Rd | 
Deephaven
3480 Montgomerie Ave | 
Shorewood
4641 Bayswater Rd | 
Minnetonka
4310 Tonkawood Road | 
Minnetonka
3237 Shores Blvd near Lake Minnetonka | 
Mound
2066 Shorewood Lane another Lake Minnetonka lakeshore home | 
Tonka Bay
147 Wildhurst Rd-a Lake Minnetonka access home | 
Spring Park
Condo at The Mist overlooking Lake Minnetonka | 
Independence
990 County Road 92 | 
Independence
xxx Cty Rd 92-vacant land | 
Mound
4937 Islandview Drive-Lakeshore home on Lake Minnetonka | 
Tonka Bay
15 Maple Hill Drive | 
Plymouth
4900 Underwood Lane #C | 
Tonka Bay
20 Pearl street-a home with a view of Lake Minnetonka-www.lakeminnetonka.com | 
Brooklyn Park
7625 Major Ave N. | 
Shorewood
25965 Smithtown Road | 
Shorewood
24745 Amlee Road | 
Shorewood
24885 Amlee Road | 
Apple Valley
257 Elm Drive | 
Excelsior
431 Lake st-a lakeshore condo on Lake Minnetonka-www.lakeminnetonka.com | 
Plymouth
Chelsea Woods Townhome on Comstock Ln | 
Tonka Bay
50 Willow Woods Drive-
Lake Mtka access | 
Shorewood
5481 Grant Lorenz Road | 
Shorewood
6045 Strawberry Lane | 
Shorewood
5625 Wedgewood Drive | 
Shorewood
5755 Smithtown Way | 
Maple Plain
4934 Main Street | 
Chanhassen
6354 Oxbow Bend | 
Greenwood
5175 Greenwood Circle-lakeshore | 
Tonka Bay
70 Crabapple Lane-Lakeshore | 
Tonka Bay
25 Crabapple Lane | 
Shorewood
5385/87 Wedgewood Drive-duplex | 
Shorewood
19795 Muirfield Circle | 
30 Gideons Point-Lakeshore lot on Lake Minnetonka | 
Tonka Bay
25 Gideons Point-Lake Access | 
Shorewood
5100 Shady Island Trail | 
Chanhassen
6633 Brenden Court | 
Chanhassen
9851 Pioneer Circle | 
Chanhassen
600 Lyman Blvd | 
Chanhassen
7885 Autumn Ridge Ave | 
Saint Louis Park
2525 Xylon Ave | 
Minnetonka
16311 Blenheim Way, Minnetonka | 
Minnetonka
14501 Atrium Way #239 | 
Orono
2350 Olive Ave | 
Plymouth
2758 Upland Ln, Plymouth | 
Saint Louis Park
1354 Hampshire Ave, Duplex | 
Shorewood
5665-67 Wood Duck Cir, Shorewood-Duplex | 
5420-22 Mallard Ln, Duplex | 
Orono
3472 Shoreline Dr, Orono-Duplex | 
Shorewood
5595-97 Timber Ln, Duplex | 
Orono
2570-72 Lydiard Ave, Duplex | 
Plymouth
4855 Evergreen Lane N | 
Mound
2190 Cedar Ln | 
Excelsior
312 Oak St | 
Mound
6221 Deerwood Dr | 
Shorewood
5535 Wedgewood Drive | 
Tonka Bay
180 Lakeview Ave | 
Shorewood
25640 Sunnyvale Ln | 
Shorewood
19580 Shady Hills Rd | 
Shorewood
23770 McLain Rd | 
Orono
3285 Lafayette Ridge Ct | 
Shorewood
5670 Wedgewood Dr | 
Chanhassen
3790 Meadow Lane | 
Mound
1603 Maple Manors Rd | 
Tonka Bay
20 Birch Bluff Rd | 
Excelsior
603 Lake st #204-Lakeshore | 
Mound
4838 Wilshire Blvd-Lakeshore | 
Shorewood
5375 Howards Point Road | 
Tonka Bay
100 Echo Bay Rd-townhouse near Lake Minnetonka | 
Excelsior
603 Lake St #317 | 
Excelsior
820 Smithtown Terrace-Lakeshore | 
Deephaven
4694 Old Kent Rd | 
Minnetrista
5975 Maple Forest
5975 Maple Forest-Lake Access | 
Minnetonka
16910 The Strand | 
Minnetonka
3710 Cardinal Road | 
Minnetonka
4261 Inwood Rd | 
Chaska
1847 Park Ridge Drive | 
Saint Louis Park
2506 Flag Ave | 
Shorewood
25990 Birch Bluff Rd-lakeshore |
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