It is true that the market has slowed down and we are not getting multiple offers. Homes are still selling in our market area. Real estate is local and in some parts of the country it may not be as good as it is here.

I will be glad to email you market reports for any township in Bucks, Montgomery counties.

If your home was on the market and it did not sell it could be because of one of these reasons :

1. It was not priced right. Prices have come down compared to prices two years ago,  and it is important to price it right and then adjust  if needed.

2.It was not available for showings . You should have the home available for showings on short notice .You only need one buyer but if the buyer can not see it , they may buy another house. There are fewer buyers buying so the house should be available for showings.

3 The home was not marketed well. You need an agent who markets well on the internet. It is not enough to advertise in the local newspaper. Most buyers start their home search on the internet.

4.The home does not show well. If two homes are priced the same , the home that shows better will sell before the other one sells. Have the home staged or atleast remove clutter, have it cleaned and  take care of minor repairs .

There may be other reasons . Your home may have to compete with homes that are in foreclosure or short sales that are priced too low. This is something beyond your control. If you can not afford to sell , and do not need to sell, then just wait . Do not price it too high because when you do decide to put it on the market in the future people will remember that it did not sell.

If you are considering selling your home in Bucks or Montgomery county call me for a Market report so you can determine if this is the time to put your home back on the market.

There are great incentives for home buyers. We expect a better spring market than it was last year.

Call Gita Bantwal at ReMax Centre 215-343-8200x124

 
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9 Comments on Home Sellers ! Do you know why your home did not sell?

FEB
07

Thank -you- I am going to copy your list and incorporate it into my listing packet.  I do appreciate.

7:13am • #1
587,902 Points 63 Featured Posts Outside Blog

Hi Gita. I think you hit the big four including showability and price. I have found a bad floor plan has to be adjusted by an even lower price.

9:07am • #2
128,675 Points 2 Featured Posts Localism Sponsor Outside Blog

Great points Gita. Too often sellers forget about the little things that are very important.

11:16am • #3
411,411 Points 3 Featured Posts Outside Blog

Cindy, Thank you. Good luck.

Gary, I agree . If the price is low enough people overlook many things, including location.

Tina, Thank you.

11:20am • #4
411,411 Points 3 Featured Posts Outside Blog

Joesph, Thank you for the comments.

6:09pm • #6
460,943 Points 13 Featured Posts Localism Sponsor Outside Blog

Gita - These are certainly reasons why a house failed to sell.  In this market it is important to price ahead of the market.

6:57pm • #7
FEB
08
429,460 Points 47 Featured Posts Outside Blog

95% of the time it is price. The other 5% it is price too:)

5:25pm • #8
FEB
09
411,411 Points 3 Featured Posts Outside Blog

Jennifer, Thank you.

Bill, I agree. If it is priced low enough homes do sell. But our job is to get top dollar for the seller and if they take care of 2, 3 and 4 we can sell for more.

5:37am • #9

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GITA BANTWAL, REALTOR BUCKS COUNTY, PA HOMES

Warwick, PA

More about me…

ReMax Centre Realtors

Address: 2701 York rd, Jamison, Pa, 18929

Office Phone: (215) 343-8200 x 124

Cell Phone: (215) 275-8491

Email Me

I will post
1.Tips for buyers
2.Tips for home sellers.
3. Tips for other Real estate Agents.
Information about  my listings and about the real estate market. Information about homes for sale in Philadelphia, Bucks and Montgomery Counties.

DISCLAIMER: Gita Bantwal disclaims liability for any damages or losses, direct or indirect that may result from use of or reliance on, information contained in the blog or for accuracy of comments or opinions of visitors to my blogs.Blogbar



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