You’re in a beauty contest AND a price war, and you have to win at both. If you’re not getting showings and if you’re not getting offers it’s the message of the market that you may be over-priced or the buyers are adjusting down price based on that beauty contest comparing other homes to yours. Value is not determined by those who set the price. Value is determined by those who choose to pay it. I know. You want your home sold in the least amount of time, for the most money and just want the right person to do it. Realtors post their favorite testimonials to show you clients who have trusted us in the past, yours truly included. We all use the same multiple listing services. But nowadays most buyers tell their agent about your house because buyers scour Zillow and Redfin every night after work and before bed. Consumer sites Zillow and Redfin, by the way, get their information from, yes, the MLS.
And true, we all have a marketing plan for your home. Yard sign, photographs, drones, open houses and pitch sessions at local agent caravans. SPOILER ALERT: 99.5% of buyers will first see your home on Zillow and Redfin. Almost all the rest left came from drive-by shoppers. Oops; almost forgot… …2 people saw your house on Facebook or Craigslist.