Real Estate: Five reasons your home isn’t selling

Summary:

Rob and Phillip discuss the five reasons why a home may not be selling. They emphasize the importance of pricing, marketing, condition, location, and upgrades in attracting buyers and maximizing the value of a property. They also highlight the need for effective communication between sellers and realtors to align goals and objectives. Rob Lewis shares his expertise and offers his contact information for those seeking guidance in the real estate market.

 

Timestamp Summary

0:00:01

Introduction to the podcast and sponsor

0:00:45

Philip and Rob introduce the topic of the episode

0:01:16

Joking about Rob being the "real estate messiah"

0:04:24

Discussion of the five reasons homes don't sell

0:05:59

Importance of pricing and marketing a home correctly

0:07:37

The role of home condition in selling

0:08:28

The impact of neighborhood appearance on home value

0:09:17

The value of upgrades in increasing home value

0:11:42

Importance of considering overall goals when selling a home

0:13:49

Rob shares his contact information

 

Rob's Quotes

"Clean the house. You would be amazed at some of the houses that you walk in, and it is just filthy."

"If your neighbor's house looks atrocious or the grass is up to your waist, I'm going to offer to cut that person's yard."

"Fresh paint does wonders.”

"Changing out a countertop. Depending on the size of the kitchen, $3,000. But however, it might greatly increase the value of the kitchen."

"Avoid having to reduce the price. Do those things, bring the value up to the price, and then you sell it. Probably above the list price."

"If you have a ton of equity… and if you're on a tight time frame, we're not going to do very many upgrades because everything you have is already there."

 

Powered by Robert Lewis, Jr. at Ink Realty and Stone Hill Wealth Management

 

https://ink-realty.com/

https://stonehillwealthmanagement.com/

 

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Phillip Washington, Jr. is a registered investment adviser.  Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and, unless otherwise stated, are not guaranteed.  Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.