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5 Factors That Cause A Property Not To Sell

5 Factors That Cause A Property Not To Sell

Brian Sharkey can be reached at All Florida Realty Services Inc. at 772-335-1995 ext. 192 or via email Brian@BrianSharkeyRealEstate.com

In Saint Lucie County the condition of the market is such that 80% of the houses listing on the market will not sell the way it is currently listed. That' a bold statement to make so lets do the math together. Lets use the date July 1, 2007. 8637 houses listed in this market area. Year to Date 1679 have been sold. 4949 houses have expired so far this year without being able to go ahead with a sale. OK six months into the year we have a total of 6628 with a result (added sold and expired together) dividing that by the number expired we come up with 74.7% meaning only 25.3% sold before they expired. Let's pretent for a minute that no more listings come on the market and well sell at the same pace for the rest of the year (another 1679 sold) 1679/8637= 19.4% sold or 80.6% expired. Knowing the odds are against you, you have to think and create an advantage. Here are the top five areas I find that cause a property not to sell.

1. Location.

2. Condition.

3. Price.

4. Terms.

5. The Agent and Company You Select.

"If anyone can I can" said Sharkey. If you have a "difficult" house to sell, and other ideas have failed and you find yourself on that dredded expired list, call me! I will walk you through this list to identify first why? it didn't sell and then show you the hidden secrets you need to know in order to sell fast for top dollar.

Sell Fast..... ...for the most money

Posted Saturday Dec 08

I can't believe this one has a goose egg and I am the first to comment!

You are so right in this.  Agents must be responsible in giving out good pricing information and not taking an overpriced listing giving a seller hope that it will actually sell.  Glad we are in the same camp! 

( 12/12/07 05:48AM ) — Brian Sharkey South Florida Realtor

Renee,

Thanks for putting this one on the board.  I am getting used to writing, I thought that one was pretty good myself.

My area was second fastest in growth during the boom market.  You were (maybe still are) first, so it's interesting to hear what your dealing with now in the market.

 

Sharkey

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