Pinnacle Group

License #: 422764

Phone:
781-237-5000
Contact Us

Pinnacle Group

License #: 422764

Phone:
781-237-5000
Contact Us

SELLERS: EXPIRED: THE HOUSE THAT DIDN'T SELL

This is an excellent market for many sellers. So why no sale for others? There are three basic reasons why properties don't sell:

Insufficient marketing. Is the property listed in the Multiple Listing Service? Is it packaged accurately? Are you making the property extremely accessible for showings?
Condition. The buying public is reluctant to purchase fixer-uppers unless they're a great buy. Poor condition either means investing some money into improving the market objections to the property or sufficiently discounting the asking price. Buyers expect more than a 1:1 return for doing the work themselves. Note: properties needing a great deal of work are almost never purchased by transferred executives. They demand "move-in condition."
Wrong Price. It is simply the single largest reason why properties don't sell. We've often repeated that overpricing almost always results in a sale price below fair market value - painful months after market introduction. The chance of the seller yielding fair market value grows increasingly smaller once a property becomes stale and the buyers ask "how long has this house been on the market?"

Sound depressing? It shouldn't - it's all remediable and not too late.

Have Questions?

781-237-5000

  

At Pinnacle Group we uphold an ongoing commitment to providing an elevated level of personal service. Our clients come first, and as a result, they are able to achieve more than they ever dreamed with their real estate investment.

Because we expect more from our associates, you can expect more from us when it comes to the important sale or purchase of your property. When it comes to your next move, we want you to experience the difference exceptional real estate service can make.

Contact us today, for free real estate advice, to find your nearest sales associate or to find your dream home!