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| No Offers Yet: When Your House is Not Selling |
| by: Gloria Smith |
It’s been almost a month since you had your grand open house and yet, you still do not have any offers. You begin to worry (which is but natural), and you wonder if this prolonged silence is normal. Maybe you can wait a few more days (or weeks). If you still do not receive any offers, then by all means, find out why your property seems to be so unattractive in the market. The usual reason why no one is offering to buy your house is that the price you have asked for it is too high. Maybe in your own estimation, your home deserves that amount, but the market dictates otherwise. If this is the case, adjust your selling price to be within the range of the going rates. If this is the case then adjust your price accordingly and put it out in the market again. Once the new selling price has been established, begin your marketing campaign again. Be ready to receive a new set of interested buyers, prepare to answer questions and demonstrate how the unique features of your house work. If after you have reduced the selling price and still do not get any buyers, consider changing agents. Maybe what your present agent is doing is either not enough or not appropriate for the results you have in mind. You must always be advised of the marketing activities he is doing and he should regularly present you with feedback regarding your home. If you are dissatisfied with his performance, then, by all means, find someone with whom you can work with. Real Estate Forms |
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