Home Selling in 24073>Question Details

Paganigollad…, Home Buyer in Christiansburg, VA

7 showings in 3 weeks. No offers.

Asked by Paganigolladay, Christiansburg, VA Mon Jul 8, 2013

What does the number of showings, but lack of offers say?

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Answers

1
It may say that your house is over priced but sometimes it doesn't even mean that. Lots of marketing may bring in the prospects , and agent opens may bring more agents in to see your home but you really only need one Buyer...

Are there a lot of similar homes in your neighborhood competing with your home?
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This has been a lively summer but with the sudden raise in interest rates some Buyers may be being cautious again, even though the interest rates are still very affordable. Coming out of this long housing slump many Buyers are still wanting to get the most for their money and they will be comparison shopping and looking for the biggest bang for their buck.

I assume that you have an agent, so give him/her a little longer to market your property and decide if an adjustment is desirable or necessary.
0 votes Thank Flag Link Mon Jul 8, 2013
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