Why Good Homes Stay On The Market
Posted by Ken Richter on
A property that doesn’t generate as much interest and sell as quickly as expected isn’t necessarily one that’s flawed. There are several reasons why perfectly good homes linger on the market. Below are some of the most common.
•It’s overpriced. This is the top reason why quality properties don’t sell more quickly. Buyers tend to assume, rightly or wrongly, that a seller whose home is priced above fair market value isn’t serious about selling or open to negotiating. As such, buyers may feel they’d be wasting their time by even making an offer.
•It doesn’t show well. A home may have excellent “bone structure”, be fairly priced, and boast a great location, but if it doesn’t perform well at showings, it won’t sell quickly. What makes for a poor…
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