When you list a home, your hope is that you will be flooded with inquiries as soon as possible. The reality is sometimes different, however, and a listing can expire without attracting serious inquiries. If that happens to you, you need to reevaluate your listing and see if there is any improvement you can make before relisting. Here are some of the measures that can help you with relisting:
Mind the Feedback
The comments from potential buyers, brokers or anybody who commented on your listing may be of help in diagnosing what went wrong. It doesn't mean that everything they said is right, but you should at least consider similar comments from multiple sources. For example, if the price was the main contentious point, it might be worth reducing by a small margin.
Make Little Improvements
It's also advisable to spruce up the home a little, nothing beyond your budget, before relisting it. You don't need to replace the roof, but you can trim your life fence, paint the fence posts or paint the house's exterior. These cosmetic improvements are usually low cost, but they can go a long way in making your home more attractive to potential buyers.
Take New Photos
They say a picture is worth a thousand words, and nowhere is this truer than in the real estate industry. Most people will judge your listing by the accompanying pictures first, and the deceptions provided second. Therefore, take new pictures before relisting your property. First, this ensures that you won't repeat any problems that the first pictures might have heard. Secondly, it allows you to showcase any improvements you might have made. Lastly, if you use the same pictures as before, potential clients who had viewed the first ones may skip the listing; using new pictures allows you to reach everybody.
Get A (Human) Real Estate Agent
You don't need to hire an agent to sell a property, but having one helps. Even though there are applications you can use to sell your property, dealing with a human will afford you more benefits. An agent and help you screen potential buyers, evaluate the feedback (shifting between valuable and useless ones), and negotiate with the potential buyers. Therefore, if you didn't have an agent before, definitely consult one before relisting your property.
Hopefully, you won't go through the agony of listing and relisting a property. If you do have to relist one, however, the above tips should help you succeed the second time.Share