{"id":7026,"date":"2017-09-27T11:11:43","date_gmt":"2017-09-27T18:11:43","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=7026"},"modified":"2017-09-22T09:22:26","modified_gmt":"2017-09-22T16:22:26","slug":"reasons-the-listings-go-cold-in-a-hot-market","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2017\/09\/reasons-the-listings-go-cold-in-a-hot-market\/","title":{"rendered":"Reasons the Listings Go Cold in A Hot Market"},"content":{"rendered":"<p style=\"text-align: justify;\">Sometimes a great listing hits the market and just doesn\u2019t sell. The reasons may be easy to pinpoint, but other times it takes some work to determine what the problem is. Here are some of the biggest reasons your listing may be stagnating on the market.<\/p>\n<p style=\"text-align: justify;\"><strong>Clutter<\/strong><br \/>\nFirst impressions are everything; if a potential buyer walks into a listing that has clutter everywhere, they can\u2019t truly visualize and see the home for what it truly is. Buyers can\u2019t fall in love with a house that has clutter everywhere. Make sure your listing isn\u2019t buried under furniture, knick-knacks, papers and laundry. Also make sure everything from the floor, ceiling, and walls is spick and span.<\/p>\n<p style=\"text-align: justify;\"><strong>Staging<\/strong><br \/>\nIf clutter is not the issue but your listing is still not selling, you may want to consider staging. Staging has been found to not only decrease the amount of time a listing spends on the market, but also increase the selling price. Find staging tips here.<\/p>\n<p style=\"text-align: justify;\"><strong>Price<\/strong><br \/>\nThe initial listing price of a home is instrumental in how quickly it sells. Many sellers assume setting the price high and coming down later or being willing to accept a reasonable counter-offer if they don\u2019t get much traction is a safe way to ensure they get the highest price for their home. In reality, starting with a high listing price just ensures that the buyers who are most compatible with the listing either don\u2019t see it or move on because it\u2019s outside what they\u2019re comfortable paying. The buyers who are looking at homes for the price you set will see that there are other houses at the same price with more expensive upgrades.<\/p>\n<p style=\"text-align: justify;\"><strong>Details<\/strong><br \/>\nIf the price is right and your listing is squeaky clean and clutter-free, you may want to check your listing details. For example, an extra zero can turn your $450,000 listing into a $4,500,000 listing, where it\u2019s probably not going to get much traction. Double-check to make sure your information is accurate, make sure the description is interesting and informative, and your photos are professional and numerous. View a list of powerful words you can use in your listing description.<\/p>\n<p style=\"text-align: justify;\"><strong>Disrepair<\/strong><br \/>\nIf everything else seems in order and your listing still isn\u2019t selling, the problem may be the house itself. According to the 2016 NAR Profile of Home Buyers and Sellers, only 19 percent of buyers were willing to compromise on the condition of the home. Major repairs, such as a new roof or updated water heater, may be necessary to attract a buyer.<\/p>\n<p style=\"text-align: justify;\">\n<p><a href=\"http:\/\/rismedia.com\/2017\/09\/21\/ways-your-listing-can-go-cold-hot-market\/\" target=\"_blank\" rel=\"noopener\">5 Ways Your Listing Can Go Cold in a Hot Market<\/a> by Mark Mathis | RISMedia<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sometimes a great listing hits the market and just doesn\u2019t sell. The reasons may be easy to pinpoint, but other times it takes some work to determine what the problem &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2017\/09\/reasons-the-listings-go-cold-in-a-hot-market\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-7026","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Reasons the Listings Go Cold in A Hot Market &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2017\/09\/reasons-the-listings-go-cold-in-a-hot-market\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Reasons the Listings Go Cold in A Hot Market &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Sometimes a great listing hits the market and just doesn\u2019t sell. 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