five reasons homes,Sell

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Five Reasons Homes Don't Sell
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Introduction

• It's a tough decision to sell your house, and
  frustration can set in easily when your home sits
  on the market a long time. Several common
  problems are at the root of most home sale
  problems. Learn to recognize them and do your
  best to work around them. With a little thought
  and careful planning.

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Overpriced

• An unrealistic asking price is a common reason
  properties don't sell. Home buyers shop
  comparatively and a house that's overpriced is at
  a disadvantage when its features are inferior to
  those that are priced fairly at the same list
  value. Realtor Ronald Phipps, in a "Chicago
  Tribune" piece, advised sellers to revisit prices
  every 30 days if a home sits on the market.

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Bad Location

• A home in a less-than-desirable location might
  need heavy marketing to increase its
  attractiveness. A price reduction might be in
  order, or the seller can try to promote what the
  house can offer, whether it's proximity to
  shopping and transportation or a newly renovated
  interior.

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Does Not Show Well

• A house must be presentable both inside and out
  to appeal to potential buyers. A new coat of
  paint to freshen the walls and new horticulture
  to beautify the front lawn can add to a positive
  first impression. Open space is key inside the
  house place extra furniture and knick-knacks in
  storage and get rid of clutter.

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Ineffective Marketing

• According to the National Association of Realtors
  in a 2009 MSN article, one-third of home buyers
  look online for properties. Your listing agent
  should advertise your home on his company's
  website, the local Multiple Listing Service, as
  well as offline mediums such as real estate
  publications and flyers.

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Market Conditions

• Sometimes a house does not sell through no fault
  of the seller or agent. If it's a tough market,
  it's difficult to find a buyer. The declining
  economy and interest rates contribute to a
  buyer's market. Sellers may have to drop prices
  or wait out the flat market.

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