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Why Hasn't My House Sold?
Home sellers are very concerned when their home has been on the market for some time. The offers presented, if, any, have been too low to even consider. The home hasn't sold. Quite naturally they want to know “What's Wrong"
1st- Slow down. Don't panic. Take a rational look at the market and make the most of it. Smart home sellers are moving their home... and right now, today. But they recognize the market today is different from last year.
2nd- The smart home seller comes to the obvious conclusion that with cautious buyers looking at more homes, you have to be more competitive, flexible, aggressive, and do a better job of merchandising to generate offers. You home can also sell, and quickly.
3rd- Sit down with your real estate professional and rethink your marketing plan. There are a number of actions to consider beating out your competition.
Reviewing your asking price is the most difficult, painful and personal part of answering the question. “Why aren’t we getting any action?”. This is typically the single most critical element in the new marketing plan. Get fresh comparable sales in the area. Forget the asking prices of homes that aren’t selling. ... more
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