People are asking, "Why didn't my home sell?" Have you tried to sell your home in Woodstock, Georgia and become frustrated because it has not sold.
Homes are selling in Woodstock, Georgia. Let's face it, the housing market is not strong right now and if you do not need to sell, hang on to it. The major factor affecting home sales, the housing market, is nothing that either you or your realtor can change.
A home usually does not sell for one of the following reasons.
1) The home is in less than a very attractive condition. In today's market, your home has to be among the top looking homes in your price point and location. If it is not in absolutely great shape, the buyers will choose a foreclosure at a substantially lower price. We hear homeowners state that because of the market and the fallen prices, they do not want to sink any more money into their home. The home will not sell if the homeowner takes this approach. You might as well not put it on the market.
2) The home is not priced according to market. Most home buyers are quite savvy about what they can get for their money at any given time, and many home buyers are represented by real estate agents who are well versed on the current value of homes in order to sell. It does not matter what you want to get for your hom. It does not matter what is owed on your home. It does not matter what your home once appraised for nor does it matter what it used to be worth. Your home will sell for what comparable homes are selling for in your area. Foreclosures are no longer the exception and will be taken into account.
3) The home was not properly marketed or exposed to potential buyers. Lack of exposure simply means that not enoyugh buyers have been made aware of the fact that your home is for sale. There is far more to marketing than just pounding a sign in the yard and putting the home's information into the multiple listing service. A few years ago, it was fine to use your Aunt Betty to list and sell your home, or Joe from Joe's Bait & Tackle Shop & Real Estate Service. In today's market, it is especially helpful to select an agent that understands how to dominate the internet.
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