How many showings will it take to sell your San Diego home
George Lorimer
Monday, April 22, 2024
Call George Lorimer at 619-846-1244
Your Home Sold Guaranteed, or I'll Buy It!*
*Conditions apply, DRE# 01146839, ProWest Properties
It's hard to know how many showings you should be getting. It differs based on your home—is it a high-demand home in the suburbs or a 55+ community with an outdated condo? It depends on the supply of homes in your neighborhood and buyer demand for your home.
Rest assured, I can help with my 25+ years of San Diego homeselling experience and give you guidelines below.
What's Your Home Worth Today?
Here's a rule of thumb:
- You want to get 3-5 showings your first week.
- Then 2-3 showings each week thereafter.
- Once you hit ten showings, you should get a sincere offer.
- If you're getting showings and don't have an offer in the first three weeks, your home is likely overpriced by 1-3%.
- If you have no showings and no offers, your home is likely overpriced by 5-10%.
Culprits of low showings and no offers:
- The price is too high
- Not available to show daily
- Tenants uncooperative or not available for occupancy at closing
- Pets, Clutter, and Deferred maintenance turn off potential buyers.
- No open house for public to get on buyer's radar and see the home
- Too many competing homes relative to buyer demand
- Your home can't be financed with all available loan programs, such as FHA, VA, Non-QM, Fannie Mae, and Freddie Mac.
- Not marketed properly
- Not open to buydown 1/1, 2/1, 3/1 programs to get lower loan payments like new home builders
- Not cooperating with buyer's agents (no coop fee or too low a coop fee).
- Not on the correct MLS, Not on multiple MLS's
- Not syndicated to Zillow, Redfin, Realtor.com, ColdwellBanker.com, Remax.com, Homes.com, and others.