The Dirty Little Secret in Real Estate
Q. I listed my home 3 weeks ago but do not see it advertised anywhere and have had no showings. What should I do?
A. I'm sorry to hear that, but I'm not surprised. There's a dirty little secret in real estate when it comes to hot markets. It's called the three P listing plan: Put a sign in your yard, Put your home in the MLS, and Pray that it sells. And in some hot markets this may be all that is needed to secure a buyer. But if your home is on the market for 3 weeks and you have no advertising or showings, I would suggest discussing your concerns with your Realtor. Ask him for a copy of his marketing plan and look at your listing agreement. It's possible you may have signed up for limited service rather than a full service marketing plan. Either way a discussion with your Realtor is warranted. Good luck.