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how long should I keep a lisitng before taking off the market?nd how long before re-listing?

  • November 25 2012 - US
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Answers (2)

If you want to sell, and it hasn't sold.......why take it off the market at all?
As was mentioned below, just make sure your photos are updated to reflect the time of year.

You might want to rethink your pricing strategy, and adjust that, as no matter what the condition is - price trumps everything.
 
Buyers come along all the time, so why possibly miss out on a transferee, for example, because you're giving the house a "breather" from the market?

Besides, you're not fooling anyone by having the house show up as a "new listing" - it's easy for anyone to check the listing history of a home (buyers often ask how long the house has been on the market), and active agents will know it's not truly a "new listing".

Good luck!
  • November 25 2012
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People are very busy this time of year and often house hunting is not their priority. Depending on the weather (heavy snow and such) I would re-list or re-new a listing after the first of the year.

When some agents and buyers see a listing that has been on the market for a long time, we feel that the seller might be open to a lower offer. Whereas a new listing, that is priced close to fair market value, might receive an offer closer to asking price.

In our local market, high end homes might be listed for six months or more. Entry level homes (when priced correctly) sell much quicker because there are more buyers. Without know anything about your home, or how long it's been listed, it is difficult to answer your question. Price reductions might attract more buyers. Always include and updated pictures for the season. Remove clutter and perhaps furniture to make rooms appear larger. Lots of natural light, and good curb appeal also help.
  • November 25 2012
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