Your Home Didn't Sell. Now What?
By Jerri McCombs, Broker/Owner, Hendersonville Living
(Dogwood Real Estate Services)
Here are the 5 most likely reasons your home may not have sold. Reason #1: Bad Timing If your home didn't sell in the MLS afterseveral months on the market, the timing could have been a factor.Markets are driven by the law of supply and demand, and real estate isno exception. When the demand outpaces supply, it isconsidered a seller's market, and homes get snapped up quickly. In abuyer's market, however, there are more homes than there are activebuyers. This can cause homes to sell for less money and sit on themarket for a longer period of time before receiving an offer. Now What? In most cases, buyers can be motivated toact with a combination of improvements, incentives, and pricing. If yoususpect timing played a role in your inability to sell, consult with aknowledgeable real estate...
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