Agent

5 reasons your home hasn’t sold

Don't fall short on showings, Web marketing
Published on Oct 6, 2009

You listed your house at the price that your Realtor suggested. You have staged the house and it looks like a showcase. There have been no offers and only one or two showings. What could the problem be? Usually, when a house doesn't sell, it's due to one of five things: price, accessibility, condition, location, and/or marketing. 1. Price (or is it price range?) rules all In most cases, the reason a property doesn't sell is the price. In today's market, however, you can be priced perfectly, but if you're in the wrong price range your property won't sell. In other words, your property can be in perfect condition and in perfect alignment with the comparable sales and it can still sit on the market for months. The reason? The credit crunch. The first-time-buyer market has been flourishing, largely due to the first-time-buyer tax credit of $8,000. Homes that require financing over and above the "conforming loan limits," however, are languishing on the market. A conf...

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