Why Isn’t Your Home Selling? 12 Common Reasons to Consider
It’s any seller’s nightmare: You put your house on the market hoping for a quick sale — but boy, were you wrong. There hasn’t been a single offer, and showing requests are few and far between, leaving you to ask: Why isn’t my house selling?
It’s frustrating, to say the least, but you shouldn’t wait any longer to make some changes, especially if your home’s total days on market is more than a month. Your days on market matter because the longer a house sits compared to other homes in your area, the more buyers — correct or not — will suspect something might be wrong. Don’t wait to make changes!
Alisha Simpkins, a top-selling Chico, California real estate agent, says a home is “going to sell for the most amount of money in the first 30 days.” Underlining this point, an analysis by a Realtor in Haverhill, Massachusett, revealed homes that sold within 0–25 days went for 103% of their asking price. After 100 days, the sale-to-list price ratio dropped to 97%.
