If your home is on the market but hasn’t sold, it is most likely due to one of three things… condition, price, or exposure.
Buyers are leery of homes that show deferred maintenance. If your home has any problems, fix them as soon as possible. Remember… nobody wants to buy someone else’s “To Do” list. Your REALTOR® can offer suggestions on things that deserve your attention.
The most common reason why a home doesn’t sell… price. Buyers are always looking for the best deal. Most buyers start their search online and there is a wealth of information at their fingertips. It’s easy for them to compare your home to homes that have recently sold in your area – and to see prices of competing homes. You need to know exactly how your home compares. Consult your REALTOR® for objective advice on pricing.
And finally… exposure. What is being done to attract buyers? The Internet has dramatically changed the way homes are marketed. Check with your REALTOR® and understand exactly what is being done to expose your property to likely buyers.