The owner, seller of a Maine property says he is not going to give away his listing.
But sometimes the saber rattling and standing firm on a price that is higher than the market will bear is short sighted. Often the reason is the Maine listing seller never intended to be putting the property on the market.
Everything poured into the place, the Maine property was first class for materials, craftsmanship.
But not with the resale market in mind. More with what he wanted thinking with his heart, not his head.
So even though he plops the box of material and labor cost receipts on the kitchen table.
Does the math, adds it all up. During the listing, the market value is not to be ignored.
Despite over the top real estate marketing, over achieving in the reach of the advertising. If the property has a price tag so much higher than others for sale like it in the local area, it will sit. Stay parked.
Ice cold to red hot real estate property buyers.
The listing owner will become frustrated.
And revolving door, change of signs. Musical Maine real estate agents, brokers over the years will be the cause. Of no real estate sale in the eyes of the owner.
But in time, the wisdom of each real estate professional sharing here is the real value, the owner comes around. But often ends up selling for less than he should have. Because of too high going in and trying to get all the investment back. Then frustration enters the room. And just sell the place, let me get on with my life is the tune sung.
Anger at himself for spending too much on a property to get what he wanted while living there.
Now he suddenly has to sell. Not a fun situation, but once the real estate owner lets it all sink in, the choice of what to do now becomes clear. It just takes time if he is not ready to accept market conditions, the values of listing in today's buy and sell arena.
Looking back at what he should have done different thinking property listing resale.
Not owning the place, enjoying it forever. Maybe passing it along to loved ones.
Sometimes when a listing, a property in Maine is not selling, instead of adjusting the price or careful study of the marketing, another question comes up.
What can I do to make the property worth more? And where should I spend more money?
To make it get a sale pending rider screwed on the sign out front in the yard quicker. Whoa. Stop spending money. Already upside down. Flipped over. That top heavy spending is what made the resale hard to start with now. Expectations all out of whack to get the overspending, some of the costly investment back working around the not to be ignored local market conditions.
In small rural markets, often it is not loose ends in the property, the real estate to get squared away, nailed down.
But just over pricing, under marketing combined. A bad mix. And then market mold, shelf life developing on the Maine real estate listing.
Making it not so popular, eventually ignored. Avoid like the plague or just not seen because it blends in with the landscape on the crowded MLS.
And Maine real estate buyers one by one coming to the conclusion the seller may be slow to realize.
This Maine property listing is too much money.
No matter how nice if it just is not in line with pricing of other Maine properties currently for sale.
Here are some mistakes sellers of listings, properties for sale in Maine make. That add to the dreaded extended days on market statistic that says it all.
When the buyers who spend lots of time online, studying newspapers ads and collection property listing brochures says this one is not for me. For the largest expense investment most ever make.
Not to be taken serious. As the one to call their own. To pursue, try to buy. because out of whack with others like it on the available inventory of listings, properties on the Maine real estate for sale.