Why hasn't my real
estate sold?
3 point advice 4
residential real estate, strategy does not apply for commercial
My real estate won't sell!
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There
are a variety of factors that contribute to a home
languishing on the market, including price, condition,
and location. Pricing the house too high is one of the
top reasons homes fail to sell. When setting an asking
price, it’s important to do your homework. Conduct
market research and or ask us for a comparative market
analysis (CMA). As a homeowner, try to stay on top of
market conditions. Is real estate in your neighborhood
relatively hot? Visit some open houses and see what
others are doing. What terms and conditions are other
sellers offering buyers?
Most buyers want to walk into a home that is in model
condition. Although it may be difficult, you should walk
through your house as if you are a potential buyer,
being very critical and asking whether you would
purchase a home in this condition. It may be as simple
as getting that stove to shine, or you may need to do a
little more like adding a fresh coat of paint to your
home’s exterior. Whatever the case, talk to your us
about staging your home to sell.
The third big reason a house won’t sell in a good market
is location. Such things as undesirable schools, a
higher crime rate, a busy road, or noise pollution can
mark a bad location. If your house is located poorly,
you may have to compensate with a lower listing price.
Favorable terms, such as owner financing or a lease with
options, could also help sell your house. WE can
recommend a strategy for selling that will overcome a
poor location.
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