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In today’s video, I’ll discuss why homes sit on the market and don’t sell. Additionally, I’ll provide advice for sellers on how they can effectively sell their home.
There’s a number of reasons why homes fail to sell in an ideal amount of time. Here’s why:
- The home is overpriced. Buyers are educated about how much a home is worth, no matter what time of year. Pricing is the number one reason why homes don’t sell.
- Your home is in poor condition. If your home isn’t in acceptable condition compared to other homes in the neighborhood, this works against you.
- You might have a marketing problem. Is your home not getting enough exposure? Did you hire the right Realtor for the job?
What can sellers do to ensure their homes sell quickly and successfully? They can work with an experienced, tailored real estate team that knows how to efficiently price properties. They should stay on top of their game. Ultimately, if your house has been on the market for longer than three and a half weeks, you most likely have a pricing problem. Your Realtor should’ve addressed the issue sooner and pursued a price reduction.
Maybe your home doesn’t show well. It might not be staged correctly. If so, you’ll need to conduct a property analysis with a Realtor.
If you have any questions, please reach out to my office by phone or email. I’d be happy to answer any questions you have and serve your real estate needs on the West Coast!
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