Hi Alex,

There could be a mountain of reasons why your house has not sold. Price? Exposure?

Have you ever considered auctioning your property? You can create day-of-sale competition and find out just what your property is worth on the open market.

Commissions? No commissions charged to the seller.

Take a look at my website at http://www.glendamarksauctions.com. You will see how all this is excitement and quick sale without contingencies is accomplished.

Looking forward to hearing from you.

Alex
the real question is how many homes.like yours, have sold in the last 120 days?
Ask your Realtor. Sounds to me as though you have a LONG listing time which means you are probably over-priced.

Hi Alex,

It is difficult to pinpoint the exact issue without seeing your home. However, in my experience when you have a home listed for an extended period of time with few showings and no offers, than price is an issue. I would recommend that you speak with your agent. Have them bring you an updated Market Analysis and discuss what type of advertising they have been doing for the home? Have you considered staging your home? What have the overall comments been from the agents that have shown your home. If your agent has not spoken with them then ask them to contact the agents for not only their feedback, but that of their clients as well. This should give you some very good information to make any needed adjustments. Good luck!

Matt

It depends on the price range. Homes priced over 250,000 are not moving this year. First time buyers are dominating the market.

Without knowing the specific property it is hard to comment on the possible reasons for not having received any offers. It is possible that the lack of a backyard is the primary problem. You may want to consider a price reduction to compensate for the backyard issue.

Hopefully your agent has some suggestions that will improve the marketability of the home.


Fritz Hine
Coldwell Banker HPW
hinef@hpw.com

Can you please post your listing link here so we can see the home? Might be able to help you with some staging advice if need be.

Without knowing the market in Durham, I would think that after 120 days with no offer, a price adjustment is needed. Ask your agent for a new copy of the comps. In this market, the most important comp is what is one the market - what is your competition? Then price aggressively to make yours the most appealing one on the market.

Most likely the home has nice curb appeal hence the instant showings. 2 positives? What did the others say? It is priced a little high if in 120 days you have not received an offer.



-Sean