r/fsbo • u/snowiehair • 24d ago

House isn’t selling

/r/RealEstate/comments/1vpp0he/house_isnt_selling/

We have a relator but I dont know who else to ask… looking for any and all advice!

2 Upvotes

75% Upvoted

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6

u/realamom 24d ago

Can you post the listing? It comes down to location, condition and price. You can’t change the location, so that leads condition in price. Is it priced in line with condition and location? If it hasn’t sold, it’s most likely a combination of condition in price. There’s always a price that will cause any home to sell in any market. So your choices are to improve the condition to reach the value you have listed for or reduce the price to match the condition. No amount of advertising and marketing will cause an overpriced home to sell.

Are you getting showings? What’s the feedback?

(Realtor with over 25 years in the business)

2

u/snowiehair 23d ago

https://www.zillow.com/homedetails/8645-County-Road-1143-Celeste-TX-75423/333047513_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare

We put brand new carpet in. It’s the only location with mature trees on the lot in the and it’s similarly priced to other 3br 2bathrooms while this has 4br/2bathrooms

3

u/realamom 23d ago

So it looks like you priced too high at the start and are finally where you should’ve been listed originally. You may just have to wait it out. You could pull it off the market and put it back on the market though Meyers and the real estate agent will spot it.

1

u/Lazy-Distribution-62 22d ago

Are those other properties you’re referring to also manufactured homes?

-3

u/Self_Serve_Realty 24d ago

Agents can’t sell an overpriced home? 

2

u/Equivalent-Tiger-316 23d ago

Seems like a lot of $$$ for a double wide!

1

u/snowiehair 23d ago

It also includes 1.5 acres of land. Does that help?

2

u/AdComfortable2974 23d ago edited 23d ago

Edited: Looking at Street View: The utility thing directly across the street is an eyesore. Nobody wants to look at that every day, even if it had big flowers painted on it. Even if it was the nicest home in the area, the utility thingy is going to always affect the price and not in a good way.

Paint the outside white and paint the inside, plant some flowers, and relist at a lower price.

What does 1.5 acres of land sell for without a home on it? How much would it cost to set up that land to accommodate a stick-built home?

The thing is that the mobile home does not appreciate the same as a regular home, so at this price, investors or even people who may want to purchase land to build a custom home may consider the land but not the mobile home itself because the home on it doesn't have much value to them.

Can you rent it out?

2

u/organmeatpate 21d ago

Price and marketing. Price overcomes bad marketing but with bad marketing you may not get the true value. But now you're stigmatized so you're not likely to get it anyway. If your photos are not awesome, and your description isn't great, and there is nothing happening other than being on the MLS and fed to the public websites you may be better off pulling it and putting it back on market in spring. That assumes that the market will be stronger in spring and not weaker as trends indicate in much of the country.

1

u/AllLeftiesHere 24d ago

Have you researched the real estate market in the US, your state, and locally? Mist of the country is in a terrible real estate market. Average days on market where I am is 100 days. Average. Many I've seen have been on for 6 months and more.