Category: Increasing Showings & Offers

Get advice from industry expert, Zillow CEO Spencer Raskoff, on how to analyze your list price, how to determine when to change your price and how to maximize the impact of price changes. Spencer Raskoff, the CEO of Zillow, wrote a book called Zillow Talk. In the book, he devotes an entire chapter to analyzing pricing. He cites that the biggest mistake home sellers make is leaving room to negotiate. He writes that you should not price your home above the fair market value. Here's an excerpt:

Congratulations on listing your home! It's great to take a huge first step, but now what should you expect? How can you tell if your listing is doing well or if you need to make changes? Read on to find out! * In most parts of California, Florida and other states at most price points: If you are priced correctly, you should expect to get 5-15 showing requests within the first 30 days after listing your home on the MLS [https://www.homebay.com/resources/how-quickly-does-homebay-get-m

Your house has been listed for a few weeks now and your showing requests are starting to slow down. Why is that happening? Is it something you did? And most importantly, what can you do to help generate more interest? Let's take a look. First, don't be alarmed. It's natural for showing activity and offers to drop dramatically after your home has been on the market for 30 days. But why? At any given time, at any price point in any neighborhood, there are a limited number of "real buyers", meani

The simple answer to this question is no, you can't delist and relist your home to make it look like a new listing. Keep reading to find out why this isn't a good practice and what other tactics you can use to get more buyers to check out your property.While we used to see delisting and relisting used as a common practice, today it's both forbidden by the MLS boards and it's a bad way to try and get more buyers to your listing. Here are two big reasons why this strategy is ineffective: * MLS b

If you haven't gotten as many showing requests as you would like [https://www.homebay.com/resources/home-seller-expectations-first-30-days/], don't worry! There are effective strategies you can put in place to get more buyers interested in your listing. Read on to learn about four things you can do to increase showings. 1. Overhaul Your Photos: If you didn't get professional listing photos, you should. Almost all buyers today begin the home search online and photos and price are their