))
Avoid This Huge Tyler Home Selling Mistake
Manage episode 155048976 series 1144152
Content provided by Danny and Rebecca Burks and Rebecca Burks. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Danny and Rebecca Burks and Rebecca Burks or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Want to sell your Tyler Home? Get a FREE home value report
Want to buy a Tyler Home? Search all homes for sale
Today, I want to talk to you about why you should never put your home on the market unless you’re a motivated seller. A lot of times people will come into our office to talk about putting their house on the market, and they’ll say something like, “I’m not in a hurry to sell.” That person should probably not put their house on the market.
Why? If you put your home on the market and you’re not ready to sell, you begin to develop a history of your property. People will be able to see that your home has been on the market for a long time. Thanks to the Internet, that history is never going to go away. Future buyers will see that your home sat on the market without selling, and they’ll wonder why. They could think something is wrong with your home, because it hasn’t yet sold.
The other issue is that offers relative to your asking price drop by 2% for every month the house is on the market. For example, a house that’s been sitting on the market for 6 months will sell for around 85% of the asking price. Plus, you run the risk that your home gets stigmatized by just sitting on the market for months on end.
If you’re going to sell your home, you need to be ready to sell right away. If your home sells within its first few days on the market, you will get the best price. At the Burks Team, when we sell your home in the first 30 days, we average over 98% of the asking price. If your home sits on the market, that number will go down.
Also, if you list with agent after agent for six months each, your online history will show that your home has been on the market for a long time. That means buyers have grown weary of that property. Imagine driving by a used car day after day, and it doesn’t sell. After awhile, you might think, “Wow, what’s wrong with that car that it won’t sell?” Maybe nothing’s wrong with it. Maybe the dealer priced it wrong, or didn’t market the car accurately.
Ultimately, if you’re not sure about selling your home, don’t. You should be motivated to sell your property if you want success. We would love to talk to you about how we sell houses faster and for more money, guaranteed. If you have any questions, just give us a call or send us an email. We would be happy to help you!
22 episodes
Share
