My Home Isn’t Selling – When Should I Give Up?
When your home for sale is languishing on the market, how do you know when to give up? Here are a few things you should consider before you call it quits.
Take a good, hard look at the numbers
The first thing to do is evaluate the way the house is priced. Look at the active competition. What else would a buyer in that price range be getting for the same amount of money? Can your house be marketed better?
When a home is stalling on the market, it’s often a price issue. Scrutinize the market before making a decision. If you’re comfortable lowering the price, try selling it for three more months.
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