Wednesday, April 18, 2007

Why isn't my house selling?

Here in Miami Shores I get asked this question a lot? Why aren't houses selling? Well....Today Rick came up with this great article in MSN Money called 6 Reasons Houses Don't Sell by Bankrate.com.

The 6 Reasons Houses Don't Sell, according to Bankrate.com are:

1. Your home is overpriced

2. Your home doesn't "show" well

3. You're in a bad location

4. You have a lousy listing agent (I thought this one was a little harsh but really Laughed!)

5. You are battling competition or market conditions

6. You have ineffective marketing

All sellers should be looking at this article, it is clear and to the point and will help you understand some real estate adversities. The reason your home is not selling could be one or a combination of any of these. There are some that cannot be remedied like location, but the rest are within your control.

For more Miami Shores Real Estate tips and information, please visit RICK & INES at http://www.miamism.com

2 comments:

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CoachingByPeter said...

By knowing your local real estate investing market, you're able to keep your finger on the pulse of your local community and to stay abreast of changes in trends, sales prices and rental rates. Knowing immediately about these changes is critical to your investing future.