Do You Need to Revise Your Home Selling Plan?

by Rosanna Reilly 03/25/2020

If you want to achieve the best-possible results during the house selling journey, you need to be flexible. Because if your initial home selling strategy fails to deliver the desired results, you need to be ready to make adjustments.

Now, let's take a look at three tips to help you revamp your home selling strategy.

1. Analyze the Local Housing Market

The local housing market may play a role in your house selling success or failure. If real estate market conditions have changed since you originally listed your home, you need to adapt accordingly. Otherwise, you risk falling behind rival home sellers in a fierce real estate market.

Oftentimes, it helps to monitor home sales in your city or town. This will allow you to see if houses similar to your own are selling quickly. It also enables you to understand how your house stacks up against the competition and may help you find ways to differentiate your home from comparable residences.

2. Review Your Home Listing

If you find that buyers rarely set up home showings or visit open house events at your residence, now may be the perfect time to assess your home listing. That way, you can explore innovative ways to use your home listing to engage and inform buyers about your residence.

Generally, it helps to make a home listing as clear and concise as possible. If buyers can read your home listing and retrieve accurate information about your house, they can determine if your residence matches their expectations.

You may want to include high-resolution images of your home in your listing as well. These images can help you show off the true size and beauty of your residence to buyers. Plus, they may help you distinguish your home listing from all others.

3. Consult with a Real Estate Agent

For those who are struggling to stir up interest in a house, it may be beneficial to hire a real estate agent. In fact, with a real estate agent at your side, you can receive expert assistance as you navigate the house selling journey.

A real estate agent understands what it takes to make a home an attractive choice to buyers. He or she will learn about you and your home and analyze your past house selling efforts. Then, a real estate agent will offer recommendations to help you promote your residence to the right groups of buyers.

In addition, a real estate agent will set up home showings and open house events to showcase your residence to buyers. And if a buyer submits an offer to purchase your house, a real estate agent will help you determine whether to accept, reject or counter this proposal.

As you try to sell your home, you may want to consider revising your house selling plan. Thanks to the aforementioned tips, you can revamp your home selling strategy and move one step closer to enjoying a fast, profitable house selling experience.

About the Author
Author

Rosanna Reilly

Rosanna Reilly has spent over 20 years as a top producing realtor and broker who specializes in beachfront, waterfront luxury homes and vacation rentals. She has won numerous awards and has been featured in several, best selling books and interviewed on major television broadcasts. 

Rosanna has been a resident of Fort Myers Beach, FL for 18 years and was previously licensed in the state of New York, and currently is licensed in Tennessee selling in The Great Smoky Mountains.  She owns vacation rentals and Inns all over the United States and Cayman Islands instilling her passion for business and her clients; who stay with her for years because of her high quality of service. 

Rosanna is an investment specialist with a vast knowledge of 1031 exchanges, income producing properties, flips and bottom lines. Her negotiating skills whether working with a buyer or seller always ends with a WIN!