Chosen by Asker

it's a matter of simple supply and demand. there is an abundant supply of homes for sale, and it's harder for potential buyers to get loans. therefore, more homes sit unsold. this is especially the case in hawaii, which has a very high cost of living and real estate values have plummeted.

by infinite crisis 247

9 months ago

Asker's Rating: 

In a buyers market there are more potential sellers than buyers. So naturally it's harder to sell. With the economy the way it is, with all the spending, uncertainty and unemployment, its no wonder your having a hard time selling.

by hatredpanther- 9 months ago

your advertisement is not prominent enough for people to say yes

by Tan Bs- 9 months ago

The house is beautiful, however, it is the price range that is stopping people from buying. Not that it is over priced or anything, but it is a lot of money, and in today's economy, not many people can qualify or have the down payment for it.

by Sweetharttt- 9 months ago

If it's not selling, then you're not $80,000 under market. If it's not selling, you're overpriced. Period. If it's an investment property, I just need to know what my monthly payments as an investment property would be, and what I can rent it for. Period. As an investor, I'm not going to buy it conventionally. Still, if you took back financing at, say, $2,000 a month and I could rent it for $3,000, I'd buy it. Any investor would. But selling to a retail buyer: You're overpriced. Have your Realtor do a CMA (competitive market analysis). A couple of other quick observations: Your YouTube link doesn't work. And all the photos (both the MLS listing and the Craigslist one) are exterior shots...and the Craigslist ones don't even make the house look that good. Your Craigslist posting talks a lot about the interior; people want to see that. And your Craigslist posting really needs to be edited for grammar and spelling. Hope that helps.

by I Buy And Sell Houses- 9 months ago

Aloha! First thing is to be aware that lending has been tight the last few months so although it is a buyers market they are getting their hands tied by the loan shortage. Photos DOOOOD!!! hehe.She is right interior photos and nearby beach photos are needed. How are you taking care of the selling agent? Agents are getting thrown incentives (top percentages) to sell a home these days so if you are on a 3% commissions agreement that might be a concern. Next, is looking at incentives to the buyer. Are they competitive with what everyone is is doing? Closing costs rebate, carry back a 2nd or other incentives are the norm right now. Carrying a 2nd isnt a bad idea if you have the equity because the market WILL come back so getting 8-10% is better than most investments. I can go further but its off the point. Next is your internet exposure. I cant find your agents site so that means you are not getting enough traffic to your listing. I see its on zillow but if you had it on a top real estate site (on google , msn and yahoo) you would get more interest. It seems like your broker isn't prominent in your area. That is like a tree in a forest...in your case if no one sees it no one knows you are willing to work a deal. So get photos, package the offer so the agents and buyers perk up and get it on more sites and/or make whats called a listing website (www.13419piedragrandepl.com) and promote it on google using pay per click. Cheap to use now that you can only advertise the days and hours you want.

by Webhoo- 9 months ago