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« Sellers! What NOT to tell a Realtor | Main | Precautions for Electrical Safety in the Home- Tips and Advice »
Tuesday
Jul052011

Why isn't your home selling when everything around it is?

Remember those first few weeks that your home was on the market? Buyers came, you may have gotten an offer or two.. (that unfortunately didn't go together) and then the bustling activity that your home experienced almost slowed to a crawl?

It's buying season and homes are selling around you, and  for what seems to be exhorbitant prices, and yet you've drooped your asking price a few times, and nothing??

I hate to say it, but buyers AND agents can get finicky about a house that's been on the market for a length of time, and the length of time varies town by town.

Most buyers rely on their agent to pick out homes, and only choose a few that they want to see.  It's usually the buyer's agent that may have a few reasons for not showing your home.

Here are the top few reasons that you may have already figured out:

  • Your home does not suit their clients needs, and they know it. It would be a waste of both the buyer's time and the agent's time.
  • The buyer does not like your general location, your style of home, or the fact that your home  doesn't have a specific amenity that they want.
  • Your home needs updating, and the buyers aren't prepared emotionally or financially to do it.

Now here are a few that no one has told you:

  • Agents think that after a certain period of time that your home becomes stale. If nobody else wanted it, then why should their buyers want it?
  • Your agent is difficult to deal with, or has a reputation as being difficult to deal with.
  • YOU may have gotten a reputation as being difficult to deal with. Here's how that can happen- If you are offering a less than generally accepted commission, you already look like you won't negotiate.
  • If you are at the home during showings, or speak with the agents showing your home, you may have said something inadvertently to aggravate an agent. No one says you did it on purpose. The way to get around this one is easy- just don't talk to the agents that represent the buyers that come through your home.
  • Your home has not been marketed properly

Ask your agent for an honest evaluation as to what the problem is, another market analysis, and to show you all the homes that have sold during the time your home has been listed. If they are not willing to do this, fire them, period.



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