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Subject Expert
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You normally should not put it up on a Friday. I think at least Wednesday so that people can plan to see it Fri/Sat/Sun. So you might have missed that first weekend of showings bc it was put up too late.
Yeah we were really trying for Thursday. We moved out on Wednesday though, and didn't have time to clean after like we hoped. So it became a Thursday after work task 😮💨 Didn't want to risk a showing before we had a chance to clean well.
Subject Expert
1 showing is better than none.
Is your house priced competitively? How’s the supply in your market? Have you been tracking sales in your market over the last 90 days?
Nearly every market in the US has seen supply increases over the summer, so you really have to be aggressive to attract the few buyers who are in market.
What area are you in?
Houston suburb
Are you in a position to keep it as a rental?
While I could, I'd rather get my equity out. I'm about to go on maternity leave and don't plan on returning after, so would prefer to have that money to lean on while single income.
That’s not bad at all. See how the market responds….
Did you schedule an Open House yet? Also, take a look at the inventory in your area, are there a lot of houses for sale?
The house has been up for a weekend. I would relax.
Have your realtor schedule an open house.
There is a lot of development in Houston. I live next to four apartment buildings that have gone up in the last year. So I would consider what concessions you’re willing to make for the buyer if the house sits for longer than you anticipated.
There are a lot of houses going up for sale in my area (kingwood) so you really need to be priced competitively. Even then, it seems like everything here is very slow moving.
Yes that seems to be the same here. Lots are sitting with prices higher, pretty good amount of inventory, but some are still moving quick.
Are you doing this yourself or with a realtor?
With a realtor. I am trying to play it cool though like I'm not panicking 😅
Give it two or three weeks and then reevaluate.
What would you consider a good number of showings in that time? Or you'd expect offers in that time?
Did your agent provide a comparative market analysis? Are you pricing at ~90-95% of market value?
Subject Expert
I would price aggressively. Be $10k or $15k cheaper than any other home in the area that is similar, hoping for multiple offers. Being priced similarly to anything else in the market is a way to get lost in a high supply market like this.
Neighbor asked why the house wasn't selling. Shared that inside paint colors were too much. They painted the house and it sold in 3 days. Put away clutter, personal pictures, and remember less is more. The buyers need to envision their belongings in a room. Not yours. So just furniture (if possible). My mom is a retired but very successful agent.
It may just take some time. Hang in there!