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Why Do You Think This Home Hasn't Sold Yet?
Why Do You Think This Home Hasn't Sold Yet?
Homes in our market can move VERY fast, or sometimes VERY slowly.  When we're out with buyers and we're looking at a home that seems to be taking longer that most to sell, buyers often ask us for our opinion WHY that home hasn't sold yet.  After all, if something is hurting a home's ability to sell today, it may very well hurt the ability to sell years from now if the buyer decides to make this home theirs.
And chances are we CAN identify a reason, or sometimes a handful of reasons, why a particular home has probably not sold yet.  And sometimes there isn't really anything wrong with a home to prevent its sale, but its just unique enough that the buyer match is on the small side.
So without further ado, a list of common reasons a home may take longer than others to sell:
Price.  Maybe not today's price, but the price when the home started on the market.  An overpriced home can add months to time to sell, especially if that price puts the home in competition with homes that offer MUCH more for the same dollars. Location.  A main ... more

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