Presentation is how the home shows...is it staged? Do people you see YOU living there or do they see THEMSELVES living there...it's a very big distinction.
Price cures any issues with the other two. It is usually much cheaper to fix PRESENTATION than it is to take it off the price. It's funny how a $500 professional roof repair or a $300 dishwasher translates to $2000 for the roof or $1500 for the dishwasher when you try to fix presentation with price! Many agents, ourselves included, have professional stagers that they work with or refer to...perhaps you could benefit from that?
Connie, it is a slower market than it has been in the past but you were on the market during a good time as well if you have been on the market for a year. You may consider, taking the home off the market, maybe working on some inexpensive paint/staging fixes and put the house back on the market in a couple of weeks as the selling season really starts to take off in the area. Cypress is a great area and I've got buyers and sellers that have done well there in the past couple of years.
By the way...did you find your house listed on TRULIA? How about any other websites (many agents are able to syndicate your home to more than 30 sites that draw great traffic!)
(PS a splash of good color in the yard works wonders sometimes when curb appeal is in question!)
If you are getting interest in the form of showings but no offers ask you agent if those who viewed you hame moved forward and purchased some other property. There are six key factors that affect when and for how much your home sell: location, competition,timeing, Price, Size and Condition. The last three are the only things you can change to improve your appeal to the market. Talk to your agent, if you are listed, and take their advice. If you are not listed with a Realtor you may want to think about it
You may want to sit down with your agent. Find out what homes you are being compared with, and the ones that the Buyers have chosen over yours. Have your agent set up a tour of your "competition".
Go through them, and make note of everything- condition, curb appeal, do they have more amenities than yours, location, etc.
Then you can have a more accurate idea of maybe why you are losing out to other properties. Ultimately, everything will sell, at the right price for your local market conditions.
I did that with one of my Sellers, who insisted that their house was better than all the others and was holding firm on their price. Once they saw the competition, they adjusted their price, and quickly got an offer and closed.
We try hard to accurately price properties, but market conditions continually fluctuate, and that is why you need to make sure your agent is monitoring what is active, pending and what has Sold.
Good Luck to you