Why is my Highlands home not selling? The number one reason is typically price, however it is important to remember that our area is cyclical and as such patience is a virtue for sellers. If your home is in a good location and is in great shape but it has been lingering on the market it might be a good time to look at what price you have it listed for.
An experienced Highlands REALTOR® should have conducted a Comparative Market Analysis (CMA) to arrive at a fair market value for your home. The factors involved with determining this price include examining homes in your neighborhood which have sold lately, taking a look at what similar homes on the market are currently listed for, and taking into consideration what properties are selling in the area. While you have the ability to price your home for whatever value you desire you should take into consideration the expert advice you have received.
While real estate may be recovering the lingering sentiment is that buyers are still looking for bargains. Pricing your home competitively will ensure a higher number of potential buyers enter your front door. Contact me, Lynn Kimball, today to learn more about selling Highlands real estate. I can educate you on what is selling and provide you with knowledge in order to get your home sold in a timely manner while capturing as close to asking price as possible.
Click here to read “7 Reasons Your House Isn’t Selling” from US News & World Report.