Top 2 Reasons Why Homes Don’t Sell

by Kelly J Vaughn

Two Reasons Homes Expire: Price and Communication

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Price: One of the primary reasons homes expire is overpricing. If a home is listed at a price significantly higher than its market value, potential buyers will be less likely to make an offer. It's essential to conduct thorough market research to determine a competitive and fair asking price.

Communication: Effective communication between the seller, buyer, and real estate agent is crucial for a successful sale. Lack of communication can lead to misunderstandings, delays, and ultimately, the expiration of a listing. Open and honest communication ensures that all parties are on the same page and can address any issues promptly. By carefully considering these two factors, sellers can increase their chances of a successful sale and avoid the frustration of an expired listing.

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