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If your home has been languishing on the market, you might want to take a look at the most common reasons for homes not selling and if one or more of them apply to yours, you need to take immediate steps to remedy them. Being overpriced is usually the most common of the reasons for a home to stay on the market for an inordinate amount of time but the stumbling block I am constantly tripping over is the inability to show homes easily to my prospective buyers.
Many times it is the seller who has put prohibitive restrictions on the hours and days that the home is allowed to be shown or they request 24-48 hours advance notice which discourages many buyers who are only in town for that period of time.
The most challenging is the requirement that the showing be "lister accompanied." This means that the agent who has listed the home must be present for each and every showing. Trying to coordinate a time when the buyers, the listing agent and the selling agent can all be present is difficult at best and if I am showing several homes to my buyers that day, I have no control how long they are going to spend at each one. Trying to arrive at a specific time is a pressure that I do not need to put upon my buyers and if three or four of the five homes require the listing agent to be there, it takes alot of the joy out of the showings.
Most buyers do not like to have the other agent in the home while they are trying to see it and make comments to each other about what they think of. It's kind of like having your parents with you on a date and all you can think of is how quickly you can get out! So, although all these mistakes can be costly for you, lister accompany is my biggest obstacle to overcome when trying to show your home!
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