How to Sell a House Despite the Slow Market in San Jose, California
Unless you are well-versed in real estate, you most certainly do not watch out for trends in this market. However, even though you don't, you probably already know that the market in your area is unpredictable. San Jose, California has one of the most dynamic real estate markets in the state, but this fluctuates from time to time. If you decide to sell in a sluggish market, it can be frustrating. You may have read tutorials and guides on how to sell a house, but you still find yourself back to square one.
If this is the case, I would like to give you a piece of advice. Most people who ace a slow moving market would choose to sell next year or perhaps when the time comes that the market has recovered. For me though, the slowness should not keep you from selling the property. It doesn't really matter how speedy houses are selling. What is important is that they get SOLD.
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There are many manuals and books that say they can help you sell your home. However, not many of them can help you on how to sell a house in a timely manner. You surely want the property to be sold quickly, which is your ultimate goal. I am going to tell you that you have two things to do to achieve this. First, you need to get as much attention as you can. You can do this by crafting a wise advertising or marketing strategy. Second, you have to keep that attention. So people noticed you, now what? Obviously, this is not enough. You have to retain that attention so that people will keep talking about your property for sale and you will eventually get that buyer.
If you are working with a realtor but you don't see a huge change, I guess it is time for you to step in. Some people believe that since they will pay a fee to the agent, they will just have to sit back, relax, and wait for something good to happen. This wrong notion will not get them anywhere. The more focused you are on the prize, the better the results will be. In fact, if you want to save some money, why not do the selling yourself? It is hard because you have to make sure you work hard and give your utmost efforts on the project. However, the sale is achievable if you just focus and stay motivated.
Since the market is slow, check your competition. If there are many of them not selling, find out why. Often, it is about the price or sometimes it could be a lacking feature in the house. Learn about your rivals so you know how to battle against them to get the buyer in the end. On the other hand, if you only have one or two competitors, you should not think of this negatively. It is actually much better because less competition is much easier to beat.
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Posted in Real Estate Post Date 02/27/2015
Keller Williams Edge Realty Inc, Brokerage
Independently Owned and Operated
3027 Harvester Road Suite 105,
Burlington ON L7N 3G7
Office # 905-335-8808
Fax # 289-288-0550