What does it mean when your listing gets many people interested?

3 Replies

I have it listed at a fair market rate!

So it is NOT the price

What else could be driving high volume?

General shortage of property in the area.

Lots of nosey neighbors.

A house that looks good from the street.

Good marketing, was it sent out on a postcard or listed first on Zillow, etc.? 

Maybe you should re-think your price.  Possible you could be wrong.  The market is never wrong!  That being said remember whenever you list a new house there are always a large number of people that go look at the house but really aren't serious.  I just saw a post in which the guy recommended listing your rental for twice what you think it's worth then start lowering the price until the calls start to flow.

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