Slow selling home

Home does not sell not selling on market listed

If you have had your home listed for quite some time now and neither have received an offer nor have you seen any activitiy, the chance is pretty good that one of the following points are the reason:

 

The price you feel is right is too high
On one hand this can lead to not getting any activity or offers. On the other hand this might be the main problem why a financing contract falls through - simply because the appraisal did not support the sales price. Considering all relevant factors it always comes down to one single point: A property is only being sold if the price is right!

 

The condition of your property
Your property needs to hold its ground against others in the marketplace. If it loses against others in a direct comparison you have just now lost a potential buyer.

 

 

Location, Location, Location
Even if you cannot hear this anymore it is still the most important factor when it comes to buying or selling real estate. The proximity to schools and shopping, the neighborhood itself, whether it has water access or not  - all this plays an essential role when choosing a homesite. If you have to compensate for a disadvantage in location it will eventually and only happen through a lower price.


Your home is not easily accessable
Generally Realtors are very busy  and plan their daily showing tours with clients accordingly. To keep it simple for the real estate agent you should not restrict showings through time constraints. It helps, if the agent only has to register the showing but does not have to wait for a confirmation from the seller. Installing a manual or electronic lockbox  simplifies access even more. If you cannot ensure easy accessiblility and the Realtor has to wait for a confirmation, register at least 24 hours ahead of time or has to meet you to enter the home this will  definitely decrease the chances that an agent will include your house in a tour. According to that a certain flexibility gives you the necessary advantage.