THE CHALLENGES OF A SELLER IN OCTOBER IN TARRANT COUNTY......IT BECOMES A "HUNTING EXCURSION" ...for the best home for the best price!I have written many times about the fact that real estate is area within area specific. I cannot stress this enough in today's market....which is almost the market of the "hollidays" when things drop off in any year no matter the location.
For example, in Fort Worth proper.....you have West of downtown, inside the loop, West of downtown, outside the loop, and so it goes for East, North and South. Even in those areas, you then have older and newer construction....near or far from schools, great drive by appeal or not.
Now........to give you some stats of the areas
In MLS area 130 which is the Park Glen area, According to Centralized Showing Service, there were fewer than 26 showings between Sept. 1 and Oct. 20 with zero showings of homes that were priced $140,000 to $149,000. Today there are 39 listings on the market in this MLS area priced between 140K and 150K.
What this means is that EVERY SELLER must take into consideration that their home will be compared in this 10K price range and the scarce buyer will cherry pick until he finds the one that he thinks is best for the money. If there is anything negative for that buyer........they will move on, because they can easily look at all the 39 homes in 4 or 5 days and then make a decision. Each buyer will do a drive by first, and then will tell their agent which they want to see.
So.......seller you are now informed! Go outside your house and stand across the street...look at your house and look at all of your neighbors homes........is yours the best looking from yard to door? If not, why not? What do you need to do to make it look the best? Don't think about it, just do it! Remember, no matter how nice your interior is, if the exterior doesn't drive them to want to look inside, then they won't ever see inside when they have 39 other homes to pick from.
Your agent may or may not have mentioned this at the first visit........sometimes a location will drive the buyers, but if you home has been on the market a month and it is not showing.......then begin to assess the drive up appeal and then the price.
If you have a real estate question about Fort Worth, please email me at:
Keller Williams Realty
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