eXp Realty Pittsburgh - The Dustin Nulf Team
888-397-7352 x 787 
  • Home
  • Buy
    • Information for Buyers
    • FREE Home Search Site
  • Sell
    • Our Marketing Plan
    • Expired Listing Marketing Plan
    • For Sale By Owner Marketing Plan
    • Information for Sellers
    • Acri Community
    • Free Home Evaluation
  • Investing in Real Estate
    • Property Management
    • Develop
    • Investor Tips & Advice
  • About Us
    • Blog
    • Neighborhoods >
      • Friendship
      • Bloomfield
      • Downtown (The Golden Triangle)
      • East Liberty
      • Garfield
      • Greenfield
      • Highland Park
      • Lawrenceville
      • Mount Washington
      • North Shore
      • Oakland
      • Shadyside
      • South Side
      • Strip District
      • Squirrel Hill
    • Team Resources
    • Website Photos
  • Careers
    • Careers with The Dustin Nulf Team >
      • Outbound Sales Agent / Telemarketer
      • Inbound Sales Agent
      • Executive Assistant
      • Transaction Coordinator
      • Marketing Coordinator
      • Listing Specialist
      • Buyer Specialist
      • Expansion Partner
      • Content Writer
    • Working for us
  • Contact Us
  • Vendors

3 Reasons Why Your Home Won't Sell

7/19/2015

Comments

 
Picture
  3 Reasons Why Your Home Won't Sell -  In the real estate world we call a property that does not sell within the contracted listing term an Expired Listing.  For the home owner who has been trying to sell a home in order to reach an important life transition or goal, an Expired Listing can be a very frustrating thing.  These home owners, however, are not alone.  The average real estate agent unfortunately sells only between 60% - 70% of his/her listing inventory.  This means that during a balanced market up to 40% of listing contracts expire before the home sells.  The Seller of an Expired Listing is then forced to make two decisions: to re-list and try again; or to stay at the property for an indefinite period of time and to re-list with another agent or to attempt to sell on their own, as a FSBO (For Sale By Owner).
  Here is a countdown of the top 3 reasons why a property will not sell during it's listing contract term:


  3.  Condition:  The condition of the property can either be a huge deterrent or an appealing factor in a buyer's decision to bring an offer.  Has the home been updated in the last 5 to 10 years or is it sporting shag carpet from the 70's?  The Retro look is making a comeback but most buyers are not all that down with purchasing a home with counter-tops and cabinets that show 40 years of wear-and-tear.  In general, if you keep the home updated with current trends, not only will it sell faster but it will sell for more money than a home that has not been updated.  Selling a home that is dated for the most possible money is not impossible however... in order to do this, you have to be "on-point" with the next 2 reasons.

What's your home worth?
Search Real Estate Listings FREE!

Picture
 
2.  Marketing:  How is your listing being marketed?  Most agents will put your home on the local MLS System and rely on their broker's marketing systems to do the rest.  Unfortunately, most brokers follow a standard IDX (Internet Data Exchange) marketing campaign that merely shares the listing with all the other local brokers in an attempt to promote more exposure.  The problem with this is that we currently live in the Information Age where trends in mobile apps, social networking sites and social media sites change faster than you can say Twitterpated!  If you are looking for the best chance to sell your home in this fast-paced internet age, you will have to focus on the software and applications that give your property the ultimate market exposure.

Picture
And now for the #1 reason why most homes do not sell during the first listing contract term...


  1.  Price:  In a tight race with Marketing, Pricing ends up being the #1 reason homes do not sell during the first listing contract.  There are many reasons for this.  If the home is priced accurately according to the neighborhood but it doesn't line up with the Condition of the property in relation to comparable homes then is it essentially overpriced.  If the market is heading in a downward direction and the property is priced well today, it will not be priced well in as little as 2-4 weeks.  If the home is priced right but the Marketing does not line up, then the home actually becomes overpriced considering the lack of marketing...  In short, these 3 factors work together to either create success or to create another expired listing.  If you would like to ensure your real estate sale goes smoothly, the best thing you can do is to take these three factors in to account and either find an agent who knows his/her stuff or make sure you have the time to do it on your own.

Homes For Sale In Pittsburgh

Free Property Evaluation

Interested in seeing what a solid Real Estate Marketing Plan looks like?
Comments
    What's Your Home Really Worth?
    Search Pittsburgh's Homes for Sale
    Why Work for The Dustin Nulf Team?

    RSS Feed


    Author

    Dustin Nulf is a top real estate salesman and real estate investor.

    Categories

    All
    1 Bath
    1 BR
    2 Bath
    2 BR
    2 Car Garage
    376
    3 BR
    3 Floors
    4 BR
    5 BR
    6 BR
    Acreage
    Acri Community
    Acri Realty
    Aldi
    Allegheny
    Allegheny River
    Allentown
    Allison Park
    Ambridge
    Apartments
    Ardmore Blvd
    AS IS
    AS-IS
    Backyard
    Bakery Square
    Baldwin Boro
    Banksville
    Banksville Park
    Basement
    Beechview
    Beechwood Farms
    Bell Acres
    Bellevue
    Beltzhoover
    Ben Avon
    Bethel Park
    Blackridge
    Bloomfield
    Boggs T Station
    Boquet
    Boston
    Braddock
    Bradford Woods
    Brentwood
    Brentwood PA
    Brick
    Bridgeville
    Brighton Heights
    Brookline
    Build
    Business
    Butler
    Careers
    Carnegie
    Carrick
    Carson Street
    Casino
    Castle Shannon
    Cecil
    Chalfant
    Churchill
    Churchill Boro
    Clairton
    CMU
    Commercial
    Commercial Lot
    Commute
    Condo
    Condo For Sale
    Condominiums
    Co Ops
    Co-ops
    Covered Porch
    Crafton
    Crafton Heights
    Cranberry
    Cranberry Twp
    Deck
    Detached Garage
    Developments
    Discounts
    Distressed Property
    Dormont
    Downtown
    Dream Home
    Duplex
    Dustin Nulf Team
    East End
    East Liberty
    East McKeesport
    East Pittsburgh
    Edgewood
    ELDI
    Elizabeth
    Elliot
    Elm Street
    Emsowrth
    EXP Pittsburgh
    Exp Realty
    Fairywood
    Fallowfield
    Farm
    Farmhouse
    Fenced Yard
    Findlay Twp
    Fireplace
    Fixer Upper
    Flat City
    Foreclosures
    Forest Hills
    For Sale
    Foster Square
    Fox Chapel School District
    Franklin Park
    Franklin Regional Schools
    Frick Park
    Friendship Park
    Front Porch
    Game Room
    Garage
    Garfield
    Giant Eagle
    Glassport Versailles
    Greenfield
    Greensburg
    Greentree
    Green Tree
    Grill
    Hampton Township
    Hardwood Floor
    Hardwood Floors
    Hartwood
    Hartwood Towne Center
    Hazelwood
    Heinz Field
    Highland Park
    High Rise Condo
    HOA
    Home Buyers
    Home For Sale
    Home Owner Associations
    Home Sellers
    Homes For Sale
    Homewood
    Homewood-Brushton
    Horse Property
    Hot Metal Bridge
    House For Sale
    House Seller
    How To Sell Your Home
    I279
    I376
    I79
    Indiana
    Indiana Twp
    Ingram
    Integral Garage
    Investing
    Investment
    Investor
    Island
    Jobs
    Keller Williams Realty
    Kennedy Township
    Kennywood
    Koi Pond
    Land
    Land For Sale
    Lawrenceville
    Liberty
    Liberty Tunnels
    Lincoln Borough
    Lincoln Larimer
    Lincoln-Larimer
    Luxury Lofts
    Luxury Real Estate
    Mars Area School District
    Marshall Shadeland
    McDonald
    Mckeesport
    McKees Rocks
    Mcknight Rd.
    Modern Renovation
    Monongahela
    Monroeville
    Monroeville Mall
    Moon Twp
    Morningside
    Mount Lebanon
    Mount Pleasant
    Mount Washington
    Mt Lebanon
    Mt Oliver
    Mt Washington
    Multi Family
    Multi-family
    Multi Floors
    Multiunit
    Munhall
    Murrysville
    Natural Light
    Neville Island
    New Construction
    New Kensington
    North Allegheny School District
    North Shore
    North Side
    Oakdale
    Oakland
    Oakmont
    Oakwood
    Office
    Off Street
    Off-street
    Off Street Parking
    Open Concept
    Parking
    Parkway
    Patio
    Penn Hills
    Pennsylvania
    Perry North
    Pitcairn
    Pitt
    Pittsburgh
    Pittsburgh Real Estate
    Pittsburgh Zoo
    Pleasant Hills
    Plum Boro
    PNC Park
    Point Breeze
    Polish Hill
    Pool
    Porch
    Port Vue
    Quaker Valley School District
    Ranch
    Real Estate
    Real Estate For Sale
    Real Estate Marketing
    Real Estate Market Update
    Real Estate Tips & Advice
    Redevelopment
    Regent Square
    Remodeled
    Renovated
    Rental
    Rental Property
    REO
    Retail
    Richland
    Ridgemont
    Riverfront Real Estate
    Robinson
    Ross Park Mall
    Route 19
    Route 22
    Route 286
    Route 30
    Route 376
    Route 51
    Route 65
    Route 8
    Rt 19
    Saw Mill Run
    Schenley Farms
    Scott Twp
    Selling A Home
    Sewickley
    Sewickley Heights
    Sewickley Hills
    Shadyside
    Shed
    Short Sale
    Solar Panels
    South Allegheny
    Southern
    South Fayette
    South Hills
    South Park
    South Side
    South Side Slopes
    Split Level
    Squirrel Hill
    Squirrell Hill
    Stained Glass
    Stanton Heights
    Station Square
    Storage
    Storefront
    Sun Room
    Swissvale
    The Cove At Saint Charles Court
    The Strip
    Thornburg
    Thornburg Park
    Townhome
    Townhouse
    Trafford
    Trash Chute
    Triplex
    Turnpike
    Turtle Creek
    Updated
    Updated Appliances
    Updated Bathroom
    Updated Kitchen
    UPMC
    Vacant Land
    Vacant Lot
    Verona
    Versailles
    Wabash
    Warehouse
    Washington
    Washington County
    Waterfront Real Estate
    West Carson Street
    West Mifflin
    West View
    Westwood
    Whiskey Barrel Flats
    Whitehall
    White Oak
    Wilkinsburg
    Wilkins TWP
    Wilmerding
    Woods Run
    Youghiogheny

Services

Buy
Sell
Invest
Property Management Partner

eXp Realty
600 Waterfront Drive
Suite 200
​Pittsburgh PA 15222
O: 888-397-7352 x 787
D: 412-912-1128

Company

About
The Company

Support

Contact
Careers

Dustin Nulf Team Logo
© COPYRIGHT 2021 ALL RIGHTS RESERVED