Here's an article we put in one of our recent newsletters that we thought would be interesting and helpful to lots of people selling their home today:
Wondering why your home hasn't sold yet? Is it due to bad marketing or the economic crisis? Probably not. According to experts, the real reason your home hasn't sold is probably a lot less complex-and easier to fix-than you might imagine.
PRICE: The number one reason most homes do not sell is that they aren't priced competitively. It's important to price the home right when first putting it on the market. The right price attracts attention. Once buyers see a home on the listings month after month, they assume something is wrong with it.
BAD IMPRESSION: Clutter, grime and lack of cleanliness are huge reasons why your home might not sit well with potential buyers. Ask your agent for an honest appraisal and then take action.
TAXES, INSURANCE AND ASSOCIATIONS: High property taxes, inability to obtain affordable insurance and escalating HOA fees can dramatically impact the desirability of a property. Provide a complete breakdown of services and benefits derived from the HOA fees and consider petitioning for an evaluation of property taxes if appropriate.
SHOWING RESTRICTIONS: Don't become your own worst enemy. Try to remain as flexible as possible when showing the home. You'd be surprised what a turn-off it is to buyers when hit with showing restrictions that inconvenience them.
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