Does the front lawn of the house you are trying to sell now look like a good place for a safari? Is there a beehive in your mailbox and are the bees really busy collecting pollen from all the wildflowers on your lawn? Did you just see your real estate agent’s obituary in the newspaper recently? If you are seriously considering any of these questions or if you are looking to know why your house is not selling, there are often simple yet overlooked solutions that can help your house sell.
Have you considered that your home may be over-priced?
In today’s market, you really have to know the real value of the property you are trying to sell so that you do not price yourself out of the market. It is a known fact that buyers, not sellers are the ones who determine market value in the end. However, if your house is selling for $450,000 in a $375,000 neighborhood, you will actually be competing with homes in the range of $500,000, instead of homes that are comparable to yours. If your home stays on the market too long, potential buyers and real estate agents will begin to consider that there is something seriously wrong with your house. Do your homework and establish the market value of the property you are trying to sell so that it does not sit around unsold month after month. continue reading…
