According to Forbes here are five reasons why your home may not be selling:
1. Your home is priced well above your neighbouring properties
- The first thing brokers do before they recommend a price to a seller, is they look at the sales prices of the last three sales of comparable-sized homes in the your neighborhood. You can conduct your own research to determine a reasonable price before you hear estimates from brokers.
2. After a couple months you still haven’t received an offer
- (it's not uncommon for high high-end homes, for example, to stay on the market for years) but there should be a flurry of showings and interest in the first four to six weeks the home is on the market if it's priced properly.
3. Your spoke to several realtors before you hired the one who recommended the highest price for your home
- Realtors seldom want to take a property that is overpriced, simply for the fact that the chances of selling it are slim
4. There aren’t any scheduled showings
- Immediately after the home hits the market, there should be at least a few appointments for showings.
5. The home is priced for expensive, unique amenities that may not hold broad appeal.
-Your family may have enjoyed endless hours of fun in your indoor badminton court, but not everyone loves badminton as much as your family does.
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