Tips for Selling Why hasn’t my house sold? Here are a few reasons and remedies
Reason | Remedy
Overpriced | New market analysis, lower price
Price reductions | New market analysis, significantly lower little, too late price below the next price break or two
New competition | New market analysis, lower price, property listed offer incentives
Builder competition | New market analysis, offer upgrades competitive with builder
Difficult to show | Use lockbox, Use Centralized Showing Service and readjust showing readily accessible hours if necessary
Glutted or slow market | Adjust pricing and offer incentives
Property has become Stale | Add new photos, offer incentive, shopworn inform area REALTORS®
Many showings but no offers | Reduce price Offers forthcoming but not Re-examine counters and adjust to offers consummated
Condition | Freshen up and review ways to improve (maintenance problems)
Condition (major problems) | Rehab as necessary—new carpet, paint Cosmetic allowances have Rehab as necessary—remove allowance not enticed offer
Location not desirable | Compensate with price adjustment
Property showcased poorly | Hire staging professional or ask REALTOR® for suggestions
Property not being shown |Make property more accessible with lockbox Pets Deodorize carpet, cage pets when (odor, soil, and intimidation) not home Neighbors or neighborhood Counsel with neighbors regarding interference and condition of their properties
External influence | Adjust price, gather accurate data, (new highway, etc.) and prepare fact sheets.
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