Why hasn’t my home sold?

Here are a few reasons and remedies for why

Reason                                                                               Remedy

Overpriced                                                                            New market analysis, lower price

Price reductions too little, too late                                    New market analysis, significantly lower
                                                                                               price below the next price break or two

New competition since  property listed                            New market analysis, lower price, offer incentives
                               
Builder competition                                                            New market analysis, offer upgrades competitive
                                                                                                with builder

Difficult to show, not  readily accessible                         Readjust showing                hours if necessary

Glutted or slow market                                                        Adjust pricing and offer incentives

Property has become shopworn                                        Add new photos, offer incentive, inform area
                                                                                                REALTORS®

Many showings but no offers                                           Reduce price

Offers forthcoming but not  consummated                      Re-examine counters and adjust to offers
 
Condition (maintenance problems)                                   Freshen up and review ways to improve

Condition (major problems)                                               Rehab as necessary-new carpet, paint

Cosmetic allowances have  not enticed offer                  Rehab as necessary-remove allowance
 
Location not desirable                                                        Compensate with price adjustment

Property showcased poorly                                               Hire staging professional or ask your Realtor                                                                                  for  suggestions

Property not being shown                                                  Make property more accessible with lockbox

Pets (odor, soil, and intimidation)                                     Deodorize carpet, cage pets when not home

Neighbors or neighborhood                                              Counsel with neighbors regarding
                                                                                interference and condition of their properties

External influence  (new highway, etc.)                            Adjust price, gather accurate data, and prepare fact sheets

Ihrig Real Estate, 590 FM 2102, Kenedy, TX 78119