Second, do NOT lower you price - instead bait your OTHER hook - namely the AGENT'S hook. If you had instead offered the "SELLING AGENT" a bonus of $5,000 to sell the home within 90 days of listing your home on the market, I can almost guarantee it would be sold within 90 days - as long as it is in good condition and not missing anything like a bathroom, etc.
Since Agents work on COMISSION, 99% will work hardest to sell the homes with the largest commissions. I know I sold Real Estate for a long time - I did well in this field, because I did not care about the COMMISSION - I was more interested in finding the RIGHT home for the RISHT people, and when you do THAT, the commissions will fall into place, and you will do really well - even in a bad economy!
My sense is that the problem is probably a too-high price. After all, virtually any house will sell if priced right, even one that is a disaster area. Price it low enough, and someone will buy it. I'm sure your home isn't in terrible condition, but it may very well be significantly overpriced for your neighborhood. Ask your agent to show you recent comparable sales.
Good luck to you.
Pricing: Is your price at, above, or below market?
Location: Are you on a busy street? In a well-maintained area? Etc.
Marketing: Are you using an agent? Is your agent aggressive in marketing your property? What techniques are they using...agent tours, online marketing, professional photography?
Staging and Curb Appeal: Most people should ideally pack up appx 1/3 of their belongings when putting their home on the market. Also, curb appeal has a huge effect on the ability to get buyers in your home to begin with.
Listing agent for DOM for homes past history sales during this time
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