Why Isn’t That House Selling?
These are the three most common reasons that homes don't sell.
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Have you ever gone through a neighborhood and wondered why a particular house for sale hasn’t sold yet? Here are three common reasons why homes sometimes fail to sell:
1. Price. If the house is priced over its market value, the house may get a lot of showings but no offers. That's an indicator that it is overpriced.
2. Condition. In today’s market, if a house is cluttered, requires repairs, or if there's a smell, it can deter people from submitting an offer.
3. Marketing. Due to the pandemic, marketing has become essential, specifically online marketing. According to the National Association of Realtors, 97% of buyers start their home search online, prefer to do virtual tours through a home, and want to see professional photos.
If you have questions about selling your home or real estate in general, don’t hesitate to contact me by phone or email. I look forward to hearing from you.
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