When a property has not sold in two years then I would suggest taking a hard look at the pricing structure. When you decide to sell your home, setting your asking price is one of the most important decisions you will ever make. Depending on how a buyer is made aware of your home, (Marketing), price is often the first thing he or she sees. Prospective buyers disregard many homes because the home fails to fall into the appropriate price range. It's not even given the chance of a showing.
Your asking price is often your home's "first impression." If you want to realize the most money you can for your home, it's imperative that you make a good first impression. Making a good first impression can mean the difference between receiving serious offers for your home and being subjected to months of people dropping by but never buying. After you get them in the door a whole new set of issues arise.
What makes your property stand out? How does it outshine all the other lofts that are available in your complex? Have you personally viewed the properties available within your complex? Why are they selling but yours is not? Have you considered staging?
In todayâ€™s buyers market you and your agent need to work extra hard if you want your property to sell. As for the answer to your question. No! Find the answers to the above questions and you'll find your problem.