If your home has been on the market for a while with no interest there are several factors that could be holding you back. Of course, before you assume that your home is taking forever to sell, discuss local real estate trends with your realtor and get their opinion. The biggest reason that your home may not be selling is because it is priced too high. You may think that a buyer will just offer a lower price for your home, but many sellers don’t want to waste time and energy on offers they aren’t confident in. If you aren’t getting any showings, or you aren’t getting repeat showings then your home may not be priced correctly for the market. Ask for feedback from buyers who see you home. If they are positive about your house but indicate that the price is too high consider their feedback. Another reason that your home may not be selling has to do with condition. If your home has maintenance issues or is dated you will either need to fix the issues or lower the price to account for them. If you have researched it and are confident that the price of your home is accurate for both your local market and the condition of your home consider talking with your agent about new ways to market your home. And finally, if you don’t have a trusted agent, the best way to sell your home is to find one.
Thinking of buying or selling a home in Sussex County? Give us a call at Cooper Realty Associates and put us to work for you – 302-644-2266.