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Introduction
, and sell your houseIt's a tough decision to frustration can set in easily when your home sits on the market a long time. Several common problems are at the root of most home sale problems. Learn to recognize them and do your best to work around them. With a little thought and careful planning.
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Overpriced
An unrealistic asking price is a common reason shop Home buyers properties don't sell.
comparatively and a house that's overpriced is at a disadvantage when its features are inferior to those that are priced fairly at the same list value. Realtor Ronald Phipps, in a "Chicago Tribune" piece, advised sellers to revisit prices every 30 days if a home sits on the market.
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Bad Location
A home in a less-than-desirable location might to increase its heavy marketing need
attractiveness. A price reduction might be in order, or the seller can try to promote what the house can offer, whether it's proximity to shopping and transportation or a newly renovated interior.
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Does Not Show Well
A house must be presentable both inside and . A new coat of potential buyersout to appeal to
paint to freshen the walls and new horticulture to beautify the front lawn can add to a positive first impression. Open space is key inside the house; place extra furniture and knick-knacks in storage and get rid of clutter.
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Ineffective Marketing
of National Association According to the Realtors in a 2009 MSN article, one-third of home buyers look online for properties. Your listing agent should advertise your home on his company's website, the local Multiple Listing Service, as well as offline mediums such as real estate publications and flyers.
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Market Conditions
Sometimes a house does not sell through no fault of the seller or agent. If it's a tough market, it's difficult to find a buyer. The declining economy and interest rates contribute to a
may have to drop prices Sellersbuyer's market. or wait out the flat market.
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