However, try not to get discouraged because there are still actions you can take when your home does not sell.
- Postpone Selling Your Home.
- Consider a New Mortgage.
- Rent Your Home Instead.
- Consider a Short Sale.
- Offer Your Home on a Lease Option.
- Ask Your Employer About Relocation.
- Lower the Price to Under Market Value.
Why is my property not selling?
The most obvious reason for a house not selling is that you’ve valued it too highly. Look through other listings from your local area and see what they are selling for. If similar properties to your own are selling for less than you originally advertised, it might be wise to drop your asking price.
What happens if I don’t want to sell my house?
If you do not accept an offer by signing it and having your agent deliver it to the buyer or his agent, you do not have a contract and do not have to sell your house. At that point let your agent communicate that you are no longer interested in selling and have him remove the listing from the Multiple Listing Service.
Why would a house be on the market for so long?
A common question that Buyers ask is how long a house is on the market. If it is too long, interest is lost quickly. But there are many reasons why a house has been on the market for a while. A very common reason is that the home was originally listed to high.
Can you take your house off the market at any time?
Yes, as the owner of the home, you can take your house off the market at any time. If you’re selling for sale by owner (FSBO), you can simply remove your listing from everywhere you’re advertising, but you won’t recoup any costs related to marketing.