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11 Reasons Why Your Home Hasn’t Sold
It’s the dream of most sellers that when the put their home on the market, it’s for a quick sale. This tends to be especially true for those who have spent money improving their home over the years and is in an area or seller’s market. While you shouldn’t worry if your house doesn’t sell in the first week after you list your home for sale, you should begin to worry if months are flying by without any offers. If the latter is you, here are 11 reasons why your home may not be selling:
Your home is overvalued. If your home is listed for too high a price, it’s just not going to sell. Tacking on the amount of money you’ve spent on improvements doesn’t necessarily translate to added value, either. Compare your property to similar homes within your neighborhood to get a better idea of its current value. An experienced REALTOR (like us!) can give you an accurate value of your home. We also watch the market activity to know if the market is shifting, as the market may change from the time that you first listed your home to today. Your marketing is poor. ... more
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