Check Price, Conditions If Home Is Selling Slow
What should you do if your house won't sell?
Unless market conditions are very poor, the failure of the home to sell within about six months usually indicates a problem - usually with the price and sometimes with the condition, or both.
The most common reason for a property not selling is price. A house priced correctly from the start captures the interest of Realtors and buyers, while overpricing a home chases them away. Even if the seller drops the price later, once buyers and Realtors have lost interest, it is tough getting them back.
The second culprit in a slow sale is the condition and appearance of a house. Sellers shouldn't rely on buyers to use …
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Publication information: Article title: Check Price, Conditions If Home Is Selling Slow. Contributors: Not available. Newspaper title: Daily Herald (Arlington Heights, IL). Publication date: May 10, 1996. Page number: 14. © 2009 Paddock Publications. COPYRIGHT 1996 Gale Group.
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