Why Did My Philadelphia Home Not Sell?

Real Estate Agent with Keller Williams Real Estate RS282607



As the Philadelphia Pennsylvania housing market appears to have a shortage of homesellers, and the increase in homebuyers, why did your Philadelphia home not sell?


We always hear that Price, Condition, and Location are major factors on why a home does not sell...and that does hold merit on its own accord; however there are two other factors that go hand in hand with the other three...


Price: is your Philadelphia home priced at "Market" Value? There is this myth that pricing a house slightly above "Market" Value will allow some negotiations for when a buyer decides to put an offer on your home. That is so far from the truth that your home just may be outside what the homebuyers in the Philadelphia real estate market are searching for. Fish where the fish are swimming...


Condition: is your Philadelphia home priced at "Market" Value in its current "Condition?" You may feel that your home is in pristine condition...buuut...others may not see your home through your eyes and emotions. 


Location: is your Philadelphia home priced at "Market" Value in its current "Condition' at its current "Location?" Location does play an important role when selling your Philadelphia home. Is your house the only standing house on the block? Is the Regional Rail Line on the other side of your backyard fence? Are you located in front of emergency services? 


Now let us move onto 4 and 5...let's get personal now...and only "YOU" can answer these two questions...


Motivation: this plays a huge role on "WHY" you decide to put your home on the Multiple Listing Service. Do you "Need" to sell, or "Want" to sell your home? Life changes, priorities, schooling, relocating...or just seeing what may be possible "IF" someone happens to come through....


Accessibility: Price, Condition, Location, Motivated...but...you do not want anyone in the house until you return home from work, or only view at these times. We all have busy lives, however, understanding that limiting access to your Philadelphia home is like fishing when the fish are not swimming. Once the decision is made that the other 4 mesh together, number 5 should allow "REASONABLE" access. Pick one day that you will absolutely not have any showings so you can have your family time, however, the other six days your home should be available from 8 am to 7 pm...again..."REASONABLE..."


Happy home selling...Carpe Diem!!!

Posted by

Peter B. Lavelle

"Marketing Your Home for All It Is Worth"



 Real estate is a people business and you deserve to be treated with the utmost respect, as well as having an agent that will "Do the right thing ALL the time, EVERYTIME."

I believe in challenging the status quo by being different, being original, leading the way, and understanding that attitude reflects leadership.

As a mentor to many youth in our area, I build my business to help them in their path and journey to being leaders in their own right. Please join me in helping to provide for them their path to success.



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