David Cooper! Las Vegas foreclosure Investor
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All that being said, the bottom line is price; the buying public is teling you load and clear that they like the house enough to look at it but not enough to place an offer at that price. Look at your competition not just in your neighborhood but all around you and see what is being shown and sold then adjust your price.
Good luck with your sale,
Mary Beth Harrison
The Harrison Group- Keller Williams Realty
1. Check with your agent at least twice a week to see where the price of your home stands in compare to the competition.
2. Ask your agent about the absorption rate in your area
3. Price accordingly
Feel free to contact me if you need any help
Price, Location and Promotion are the three reasons homes don't sell. You really have to examine your competition and see what's sold.
What do they have that you don't and modify price accordingly. There is an upside if you have to reduce your price below where you wanted to be. Chances are the home you want to buy will have to do the same thing.
Location, Plano great area you say it a good neighborhood so that probably isn't the issue.
Promotion, are you listed with a Realtor? If not you are limiting your buyers significantly. If you are listed with a Realtor, just double check to make sure they are doing more than just listing in the MLS and hoping is sells. Which unfortunately there are a lot of Realtors that do just that.
I wish you well.
Please let me know if you have any other questions.
If you have not had any reasonable offers in seven months, the market is "speaking" to you. In short, when buyers compare the list price of your home to others, they are finding the "others" more attractive. Great marketing attracts many buyers, but in the end it is the price that makes the sale happen.
Feel free to contact me if you would like more information on the pricing.
Are you by the lake or in town? The 3 "Ps" that determine a sale: Place, Price, Presentation. I'd be happy to visit with you further if you'd like to give me a call. Once I know a bit more about your property I can give you some suggestions.