There are a few reasons your home might be growing stale on the market while others fly off. Today I’ll go over what factors could keep your home from selling.
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Why is it that some homes fly off the market and other ones grow stale? There are a few factors that contribute to a longer stay on the market.
It’s important to remember that every market is different across the state, so it really depends on where the home is. Unlike back in the 1970s when agents had to advertise their listings, now people can find any home they want to with a click of a mouse. The entire market is at their fingertips.
Some sellers want to blame the agent. However, relisting with a new agent isn’t always going to solve your problem. So why do homes sit on the market?
The first reason is the condition of a home. Your home’s condition might not be up to par. Do you need to replace the carpeting? How about repainting? Is there an odd odor in your home? There could be a hundred reasons your home isn’t ready for the market, and most if not all of them need to be taken care of to sell your home.
The biggest reason a home sits on the market is that it’s overpriced.
Secondly, location could have something to do with a home growing stale on the market. If your home is next to a train track, busy road, or is just too far outside of town, that will likely cause it to sit on the market longer.
The third reason a home may sit on the market is that the home is too unique or odd.
However, the biggest reason a home sits on the market is that it is overpriced. Even if the condition is lacking, the location leaves much to be desired, and the layout is odd, a well-priced home will sell.
If you have any questions, please don’t hesitate to give me a call or send me an email. I would be happy to help!
