Why Hasn't my Home Sold YET??!!

You've had that "For Sale" sign in your front yard for how long now? "Too long," you say! You keep straightening up every morning, hoping someone will come to look, praying just one of those lookers will bring you an offer, but nothing yet. Getting tired of this game?

Then let's figure out why your home hasn't sold. Selling a home is like a math formula. Each variable in the formula can, and will, equal a sale. The key is in understanding each one of those variables. And here they are: location, listing agent, marketing, condition and price. Understanding how each variable fits in with today's market and capitalizing on that knowledge will result in the sale of your home at it's maximum value.

Of course, you could sell your house tonight, guaranteed! Just put out the word that you're now willing to sell your home for 50% less than it's original list price. You'll have several offers before you know it. I'm assuming, though, that you would rather sell your home at it's maximum value.

That's where market knowledge and the formula come in. In the next blog we'll discuss the first variable: location.