Our house has only been on the market for 4 full days, and we have 250ish views and 14 saves on Zillow. I have no idea how many of those we should expect before getting a showing. So far we’ve had none.
My main concern is if our realtor priced us too high out of the gate. We’re building a house and have time to sell, but I also don’t want to sit on the market forever and take price cuts. Worried that we’ll end up going way low if we get under the gun to sell on timing.
Our agent wasn’t very helpful with pricing ours out. He gave me some comps and asked me what I want to price it at. I tried to pick something middle of his range but honestly, that number was higher than I was expecting before I started the process. He also took the pictures of our house by himself, and they were horrible. So bad that I paid out of pocket to get someone here to take pictures for me. 150 of the 250 views saw the original pictures.
Can anyone let me know if I’m overreacting or need to make some decisions now?
The listing: https://www.zillow.com/homedetails/721-S-240-W-American-Fork-UT-84003/190534901_zpid/
Has our realtor priced us way too high? (Utah)
byu/cornhole99 inRealEstate
Posted by cornhole99
7 Comments
To start, the first five photos I’m seeing on your Zillow listing should be reduced to two photos. I couldn’t tell if the building was cut off because it was attached to another home, until I learned that there’s another garage. Can you show the entire building in the first photo?
Now I’m on the 12th photo and I’ve only seen the front of the house, the backyard, and the garage. What is the best feature of the interior? I want to see the kitchen early on in swiping. There’s too many photos of the same thing from a different angle here. You’re marketing a home for sale, not documenting a crime scene. Delight me, don’t bore me.
Photo 23 is the kitchen photo I’ve been looking for all this time. Show the kitchen before any bedrooms.
The house looks nice and overall the pictures are pretty good as well (I would have advised to remove more items that create clutter)
I am not familiar with the Utah market, but if other homes in your area are going under contract quickly and you don’t have any showings that might not be a good sign. I also find it insane that your realtor offered no advice on pricing, that is one of the most important aspects is finding the competitive price point for your seller to attract interest and procure a top of market offer. Is your agent new?
It looks like you’re in a subdivision, so finding comps *shouldn’t* be too tough. But at the end of day, it is usually price. My only advice is if you’re going to do a reduction, do one with actual substance. Don’t do these small $5k reductions, they won’t sway consumers enough and it doesn’t reflect well on you as the seller. Good luck!
Yes, its too high – unless you know you are in a hot market. If you don’t have any showing requests in the next two days… slash about $30K from the price.
Average days on market in your area is 50 fats and the market is currently showing prices are dropping. You are probably priced too high in a neighborhood with most houses looking the same.
Usually feet in the door is the best way to judge your price. If you aren’t getting any foot traffic right when a new listing hits the market then you are probably overpriced.
Also some of the photos are awful. And don’t make someone click through 10 exterior photos before the interior ones come up, reorder those in the slide show.
I also agree with the suggestion to declutter and remove some furniture. It makes the place look cramped and small.
better to start higher. I sell investment homes and my realtor always lists homes 15k over what he thinks they are worth for 2 weeks. You can’t go up but can always go down.
Looking at comps and what for sale he actually may have listed it to low. Two homes close by that are smaller listed higher.
4 days on the market isn’t a long time at all and the market is soft right now anyway. Also people generally look at homes on the weekends anyway
Put yourselves in the buyers shoes. u/germdisco said it right, as a buyer you see the front of the house. They’re great photos, but give me 1 or 2 and move me inside. I would say I can tell it’s either gamma’d out (brightened too much) or you have washed out colors due to the sun, I would dial it down a hair. The white garage looks like you bleached your teeth (lol, sarcasm)
Great Area! Great Home! I would just omit this, I get the buzzword bingo but that’s not doing anything for you.
Comp wise. I do feel you’re a little over, it’s only been a week and houses aren’t moving too fast right now, however like you said not a lot of foot traffic. That sells houses, so look into the things around you. I would do a 10k drop (considering you have a TON of equity) and see what happens.
If you don’t have someone touring it, it’s likely too high