Reasons Why your Home is not Selling

There are many great homes for sale in Greater Phoenix Metropolitan. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (480) 596-2900 for a FREE home buying or selling consultation to answer any of your real estate questions.

Reasons Why your Home is not Selling

Thanks for joining us again on Jason Penrose TV. We have loved hearing all of your positive feedback on our new website. It's great to hear that a lot of you are usinig it to get an automated home value or see what other homes in Phoenix are selling for.

Now let's get into today's topic. If your home has been on the Phoenix market for a while and you feel like it's not selling as quickly as it should, there could be many different reasons for this. Today we want to talk about the top 4 things you need to look at if your home is not selling.

1. Price
If your home is not selling at its current price, and if other homes in your area of Phoenix are selling for a lower price, you are being out-priced by the market. What we do is take a look at what your neighbors and other similar homes in your area are selling for and what differences there are that would make them want to buy your home as opposed to a different one.

2. Condition of the property
Some questions you need to answer about the condition of your property include: Do you have a lot of upgrades? Is the home still original? what work does the home need to give it the best possible condition for the buyer? Buyers have more options now than they have in the past and they are going to be picky about the home they choose.

3. Marketing
Your home needs to have superior marketing to succeed in this market. Hiring an agent with a team of professionals behind them is key. Marketing is not just putting your home on the MLS and having an open house, praying for a sale. 90% of home buyers begin their search online, so marketing your home to the online audience is key. Your agent needs to have a great team working for them to follow up on all the online buyer leads to make sure your home is sold fast. The faster your home sells, the more money you're going to get.

4. Location
Unlike the previous 3 points, this is a factor you don't have control over, unless you're living in a double-wide. If you are on a premium lot, that is great. However, if you are facing a highway or major road, it's going to be a little bit more of a challenge to sell your home. Because of this, the price you list your home at will need to reflect not only its condition, but its location as well.

Thanks for checking out our video today. We have a great team here that helps us sell homes quickly and for the right price. If you or somebody you know are interested in buying or selling a home in the Phoenix area, please give us a call. We would love to take care of you!

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Brenda - "The Penrose Team was just always there for us and kept us up to date with the whole process. We weren’t actually the ones that purchased the home, my in-laws did but they included us in everything which was awesome. They were just absolutely wonderful and if we ever needed anything, they were there to answer."

Amanda - "We had very positive results when we worked with the Penrose team especially when it came to the negotiations for the contract. We had some things to go over about the roof and Christin really took that at hand and worked with the sellers to make sure that we were getting the best possible outcome. They really took care of us!"

Bill - "They were able to sell our home in pretty difficult circumstances. We had some terrible construction in front of our house, there were a lot of pigeons and their droppings, and the HOA wasn’t keeping up the property as well as they should have. When people were complaining about the droppings, they dispatched someone out to the house to tidy it up and they just kept going until they found a buyer for us. The whole experience was just great all the way around."

John - "They are absolutely phenomenal. I have nothing but positive things to say about the service I received. Nicole, Christin, and Jason were just really exceptional to work with and they all went above and beyond to help us."

Keith - "They always kept me abreast of everything that was transpiring with the transaction, especially once the contract came about. They did a very nice job of representing my position to the seller’s agent."

Brittany - "I was not kept in the loop with my previous real estate transaction so I really appreciated Jason touching base with me when anything changed and making weekly calls to ensure I was kept up to date. My house sold quickly and it was just a really good experience."

Linda -"We had a previous real estate person who had the house for five months. There were no offers or anything. Jason and his team came in, took pictures, put it up on the MLS, and sold the house within a week for the full asking price. The girls in the office were very helpful. The buyer had neglected to mention that he was married, so they had to overnight a form for his wife to sign. They kept me updated throughout, and they were right on top of it the whole time!"

Cathi -"I want to thank Jason and his team for getting us through this transaction and selling our house! The last several months have been crazy, and we finally got the deal done. It would not have happened without Jason and his entire team, particularly Nicole. She has been my partner every step of the way. She's awesome. She was right on top of things and put up with my constant questions, which we really appreciated. At times it didn't feel like this transaction would be successful, and thanks to them it was!"

Greater Phoenix Real Estate Video Blog with Jason Penrose

Reasons Why your Home is not Selling

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