Sometimes a home doesn’t sell right away. Avoid the urge to pull your home off the market. Be persistent!
Generally, there are three reasons why a home may not sell as fast as others:
- location
- condition
- asking price
Obviously, you can’t change your home’s location. However, you can improve the condition of your home and you can, of course, adjust your price.
Throughout the listing process, you need to be constantly comparing your asking price against those of similar properties in your area. Review your selling strategy regularly with your listing agent, who may help you answer the following questions:
- Is your house being shown regularly?
- Are you receiving the feedback from prospective buyers?
- Are you in touch with the marketplace?
- Is your property competing well?
If not, what else can you do?