3 Reasons Your Home Isn’t Selling (And What To Do About It)

Abstract

3 Reasons Your Home Isn't Selling When it comes time to sell, do your homework, figure out which problems you may be facing and price ... [ ] it right the first time to avoid problems down the road.getty When it comes time to sell, do your homework, figure out which problems you may be facing and price ... [ ] it right the first time to avoid problems down the road. Usually, this space discusses general market trends in Manhattan and Brooklyn, but with the market quickly heading toward its annual hibernation, a public service announcement for sellers may be in order. One, there is a product problem; two, there is a market problem; or three, there is a price problem. The problem for most sellers is that they tend to price using non-problematic sales as comps. Market Problems A market problem means there is something off about the market itself. Price Problems A price problem is a nice way of saying your price is wrong. Most problems eventually funnel their way into a price problem. No problems For those about to sell, the best bet for avoiding the situation entirely is pricing at, or even slightly below the market, as buyers have a phenomenal and stable ability to respond to accurate pricing.