Your home for sale is like salmon; it can start to stink, metaphorically.
What’s the difference between salmon and your home’s list price? That’s a bit of a strange question, but allow me to explain.
Salmon is a delicious fish; I love to cook, bake, broil, and eat it. However, no matter how much I do to that salmon, if I don’t eat it within about an hour of making it, it’s going to start to stink. It will begin to decompose, smell, and become unappealing. Well, if you price your house a certain way, fix up the property and make it look beautiful, but it just sits on the market, it starts to stink just like old salmon.
This is a perception issue; homebuyers see a house online and immediately look to see how long it’s been on the market. If it’s been a while, they’ll ask themselves why it’s been sitting on the market for so long. Then buyers get the same feeling about the property as the reek of rotten fish—they think something must be wrong with that home. Then if they’re still interested, they’ll come in with a low offer because it’s perceived to not be worth the asking price. However, it could be sitting on the market because of many things: condition, location, a previous deal fell through, etc.
The moral of the story is, don’t let your house sit for very long. You need to price it correctly from the beginning, have it in good condition, and market it well. It takes a lot of work to ensure your property sells for the highest price in the shortest amount of time. That’s what we do; we help homes get sold quickly for the right price. Don’t let salmon or your house sit for too long. Don’t let the list price make your home stink!
Wherever you are in your real estate journey, please give us a call or send an email. There’s no obligation; we’d just like to see how we can help you with your real estate goals.