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Why Didn't My Colorado Springs House Sell? Part Two: Condition

Welcome to part two in the series: Why Didn't My House Sell?

This article will deal with a very important reason why a home does not sell in today's Colorado Springs real estate market.

Homes for sale in Colorado Springs do not sell with the first agent that lists it, in many cases. So we have set up this series of articles to answer the common question: "Why didn't my house sell?"

Read More: Colorado Springs Real Estate Answers: Why Didn't My House Sell? Part One: Price

Colorado Springs Real Estate Answers: Why Didn't My House Sell? Part 2: Condition

Reason #2: CONDITION

Luckily, this is another factor (like price) that you, the home seller can control. For a home to sell in today's Colorado Springs housing market, it must be in the best condition possible.

For your home to sell in the current housing market, your home must be either:

a.) The NICEST home on the market for the same asking price as your competition, or
b.) The same condition as your competition asking LESS than your competition.

As you can see, price comes into play, even with this reason. Price WILL fix a condition problem, but usually at a hit to the homeowner. It is better to have your home in the best condition possible, to attract the highest offer possible.

Read Also: Top 5 Tips to Improve the Condition of Your Home for Sale

Another way to have your home in the best condition possible is to hire a professional stager. We work closely with a professional stager, and offer her advice and services to each seller that we work with. It is amazing at the difference a little staging can make.

Read Also: Home Staging - Staging a House - Art of Home Staging
Check Out: Craig Schiller's RealEStaging Before and After Staging Pictures

How can you tell if CONDITION was the reason your home didn't sell?

If you had a fair amount of showings, but no offers or if you DID get an offer, but it was a low-ball one then condition was probably the culprit. If your listing agent followed up with agents who showed your home, they should have relayed the feedback to you, which would have included remarks on the condition of your home. Sometimes it takes an outside, objective opinion to understand the impact that condition has on a home sale.

So, if you find that the condition of your home was the reason it didn't sell, you are in luck! Changing the condition of your house is one of the easiest, and least expensive ways to get your home to sell.

Read Also: Colorado Springs Real Estate Answers: Why Didn't My House Sell? Reason 3: Marketing

For more information on selling your Colorado Springs home, and what we at the Wagner iTeam do for our sellers, please contact us at: (719) 570-7715

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Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Clients' Choice Realty, specializing in Colorado Springs Real Estate and Monument Real Estate.

Posted Thursday Mar 13
(03/14/08 08:45PM) — Carole Cohen Realtor®, ePRO

I have a house for sale at a great price for the neighborhood especially considering the square footage. But there are still some things that need to be tweaked, like painting scuff marks on baseboards and replacing broken outlet covers; simple things that...if my seller doesn't do them soon I am going to do myself! Condition really does count.

There is so much competition that homes have to look perfect, sometimes the price is not enough of an incentive for some buyers because they may not have the cash to get the home in the condition they would like after buying it. 

Part 2 is always taken care of by Part 1...Funny how they're connected.  Nice posts!

Condition is KEY! However, unfortunately PRICE will always fix condition, location, etc ...

(03/21/08 12:14PM) — Tami Hill

Yes, I certainly agree the condition of the house is a large factor of whether or not a house will sell. Staging can be an impotant part of that. As a realtor, we need to be informed on what Staging is. It is more than decorating the house. It is peeling back the layers and addressing the repairs that need to be done and featuring the selling features such as views or fireplaces. I would like to announce a training class for REALTORS coming to Colorado Springs May 29-30. You can learn the basics of staging so that you can consult your clients as an added free service. You gain credibility when you earn your PIC (Property Image Consultant) RE designation. For more information go to www.PropertyStagingConsultants.com or you may call me direct @ 480-628-5262 or Tami@PropertyStagingConsultants.com

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