Sophie - In many areas of the country, homes are selling far below assessed value. So you need to price your home based on recently sold comparables...not assessed value.
How can you compete with your neighbor who has a similar home that is priced $30,000 to $35,000 below yours?
Ummmm...Throw in the Ferrari...????
(Only kidding. )
If you have only had one showing in the first 3 weeks then it's one of 3 things:
1.) You are not getting exposure via MLS, internet, open houses...
2.) The market is dead as a doornail in your area.
3.) You are overpriced...by more than just a little bit.
You need to price your home aggressively (based on comparable solds) + offer financial incentives.
For example: 4.75% 30 year fixed rate or 2.875% start rate for qualified Buyers. (You do not hold the mortgage.)
If you are a Motivated Seller...The lure of the prize is often the catalyst for the sale!
Think outside the box.... more