If a property has been listed with an agent that belongs to the MLS, the reason it didn't sell can be narrowed down to one reason - Price.
There are many many other factors involved but they only act in conjuction with price. In otherwords, adjustments to the price can "conquer" or overcome any of these other factors.
This statement is made under the assumption that the listing agent belong to the local MLS and that MLS allows for IDX feeds which make the property readily available to anyone looking for a home on the internet.
Here's some other reasons that are important to getting a home sold for the highest possible price but only work in conjunction with price. The better each of these factors are, the higher the price can be and still get the home sold.
Location - if the home is on a busy street, so called "bad" neighborhood or there's some other degree of negativity about the location it will have to be compensated for with the price. If it is low enough it will sell.
Marketing - all the marketing in the world won't sell an overpriced home. If a home is priced "right", it will sell without much, if any, traditional marketing. Most "advertising" (newspaper, real estate magazines, flyer's etc.) of a home has as much if not more to do with marketing the agent or lead generation for the agent than it does with getting a home sold. If it's on the MLS, people looking to buy a home will know about it. "Bad" marketing, like poor photos or poor choice of which photos to take and include in the listing will net the seller a lower price so it is important to choose a good agent that knows how to "market" a home.
Accessibility - if a buyer can not get into visit a home easily it is doubtful it will sell unless it's cheap enough for the buyer to have certainty that they are getting a great deal. Thus, it's important to allow for easy access to get a home sold for market value.
Staging - Appearance - Condition. Again if the home is cluttered, dirty, highly personalized in one way or another, differed maintenance issues etc. etc. will all have to be, but can be, compensated for by a lower price. Thus, another factor for a home not selling.
There are other factors that play into whether or not a home sells, but like the factors shown above - Price is King and conquers all in getting a home sold.
So, if your home didn't or isn't selling, then one can improve on one or more of the related factors that work in conjunction with price or do nothing but adjust the price to compensate and you will have a sale.
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