If you have listed your home for sale and no one is interested in it, that could mean a lot to you. Before you call your real estate agent in a hurry, you should research the possible reasons behind it. Many a time, your home is your problem.
With time real estate industry is displaying an amazing recovery. The low-interest rates are making it more affordable for home buyers. The latest problem on the fiscal cliff had been averted as the government has provided a one-year extension. Now-day, home prices are not at all their all-time low, but it is still on the lower edge compared to the previous years. In short, if you want to invest in the property, then it is a good time to buy. But why it seems that no one wants to look at your home listed for sale?
Fear of foreclosure is one of the possible reasons why buyers hesitate in making this purchase. Even if there are short sales, the prospect of losing their home discourages them instantly. Even though buyers have a steady income source, they hesitate to buy a home for fear of an unstable future. This is the reason why they postponed their buying plans.
Another reason your Atherton Condos for sale is still in the market is that buyers are still waiting for the bottom price. This is somehow related to the previous fear of foreclosure. Presently median sale price is at the height, and it is, after all, a seller’s market. Further, with the recent threat of fiscal cliff, people are making sure whether they can afford the price of the home they are willing to buy. Through this way, they could be waiting for the right home to be sold that perfectly fits in their budget.
Even some buyers desperately wait for homes to get old in the market. They think if your home stays in the real estate market for long, the seller will be forced to lower the price of their possession. Sometimes prices are very tricky to figure out, and you probably need the real estate agent’s expertise for the same. There are several factors you need in the setting for listing a home for sale. You need to look at the current trend, present condition of your house, and other real estate market statistics. Think about all the consequences before you set a price that will attract the buyer. Besides, mention if you allow physical evaluation of the property or not.
Some home buyers are probably waiting for the shadow inventories too. This refers to homes that are about to be foreclosed. Through this, you can estimate there is a valid reason to get your property for sale to stay in the market as long as it had. It is well known that foreclosures are tedious and do offer a lower sale price. Therefore, if you want, you can add your home for short sales; thus, your home could provide you better deals.
If you have listed your Atherton home for sale on an uncommon platform, it might be why you are not getting enough attention from the buyers. In this context, it would be better if you choose online platforms like MILAD REAL ESTATE. It is an online website that features the best real estate homes, condos, foreclosure properties, and land for sale. It is quite easy to use and updated by the official realtor’s database every few minutes.
We have brought some reasons in light by the real estate market, and you may be wondering how you can complete it. It is quite difficult, but you have to wait patiently for the right buyer to come. Don’t settle for buyers in the market to purchase Redwood Shores house for sale for much less than what it is worth.
Choose MILAD REAL ESTATE to get updated with the latest real estate trends and make an informed decision about your home for sale. Here you will get advice from expert real estate agents to override the fears of home buyers.