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Stop! I know why your home didn't sell............really I do...............

Are you frustrated because your Silver Spring, Maryland home hasn't sold?

Did you withdrawal it from the market, did it expire, did it JUST NOT SELL?

STOP!!!!!! Don't pull your hair out, I know why it didn't sell.......let me show you.......

Before we get started, turn that frown upside down!

There are three things that ultimately affect the sale of your home:

3) Condition of property - You have 100% full control of this, YOU decide if it's important to get YOUR home up to par for today's market. YOU decide how good that home is going to look. YOU decide if you're going to put things in storage for a couple months. YOU decide if you want YOUR home to look better then any other home on the market.

2) Marketing -You have 0% full control of this. Hopefully your trusted agent kept you up to speed on his/her marketing plan. Hopefully, your trusted agent put their 100% effort into making your home standout where it counts. Not all of us are created equal, and not all of us have the same game plan. Some have better plans then others, some have more unique ideas then others. Hopefully, you were advised early on about their marketing plan and how they were going to tackle it for you. The Barsch Team for instance has a 360 marketing plan that touches every avenue possible, to guarantee FULL exposure to your home.

1) Drum roll please.....................

You got it, PRICE!!! Just hold on for a second, don't leave the post just yet.

Mr. & Mrs. Seller:

You are not alone in the world of pricing, and the guessing game is enough to make you go out of your mind. The thing about it though, sometimes you have to trust the numbers versus your instinct. Can I be somewhat straight up with you? Really, I promise I won't offend you.

If you had any of these thoughts, or shared any of these emotions, your home may have been overpriced:

  • If Mr. & Mrs. Jones up the street got $500k for their house, I'm sure to get $550k for mine
  • My home is updated with new blinds, polished hardwood floors, and even re-painted
  • My tax assessment says that my home is worth $550k, I don't care what others have sold for
  • Lets just price it slightly higher, and see who bites on it
  • Lets keep it at the price for another 30 days, and then we will reduce it by $5,000
  • I don't know why we aren't getting any showings, doesn't anyone like my house?
  • I don't care what those buyers had to say, they don't know what they're talking about
  • That agent is out of his/her mind if they think I'm going to come down on my price
  • I paid X dollars for this house, and I'm not walking away with a penny less!
  • I put in $80k in remodeling this home, and I want to get every penny back

The truth is, there is no hidden agenda here. The truth is the COMPS don't lie. Even I fall into the trap of "gut feeling" when pricing homes SOMETIMES, but then I quickly realize....I should've listened to the COMPS. Overpricing your home is a fatal mistake that will cause you headaches. Overpricing your home will SELL THE COMPETITION. Overpricing your home will cause you to LOSE MORE MONEY in the future.

If you like my straight talk, you'll love me as your agent!

If you don't like what you read, then please hang the sign below on your home:

Posted Sunday Jan 09