Updated 2 months ago on . Most recent reply
Help with Marketing!
Hi Everyone. I have this property for sale in Old City and I am struggling a little with marketing. It can be an investor or first time homebuyer. But I am seeing that the smaller properties in my portfolio are not moving as quickly. Help! What do you do to market your properties? What is successful/has the highest ROI?
https://www.zillow.com/homedetails/234-N-3rd-St-APT-403-Phil...
Most Popular Reply
You are on the MLS, so you have a lot of reach.
The next thing to look at are pictures and description. It looks like you have great pictures and, while I know nothing about "Old City" the description appears upbeat and attractive.
The likely reason they are not selling is your price is too high for the current market. I see there is another unit of similar condition and size a block away for $10K less. One across the street just lowered its price $5k to match yours. There are several other studios within 5 blocks that are even lower priced. I'll be a $5-10K price reduction would have it sold quickly.