So why hasn’t your home been snapped up by a buyer?
A distressed housing market and ailing economy is not the best backdrop for buyers to make large financial purchases. Understandably, prospective buyers are rightfully cautious before spending hard earned cash on anything and especially a purchase as large as buying real estate. So, stay in control and understand why buyers are not falling over one another to buy your home.
Here are four of the most common reasons why your home is languishing on the market.
Blame your real estate agent
because the blame may actually belong there but if you did your due diligence 
before you hired an agent, then more than likely, this is not the problem. More realistically, is price but not always. Even though you feel it’s priced well, you must remember that buyers have a budget and you could still be priced out of the average buyer’s budget. Here’s where compromises may have to happen with the buyer on how much you and the buyer think the property is really worth. I’m not saying give your cabin away, but you are competing with many other properties, foreclosures, short sales, etc. The competition diminishes the chances of your home selling if a buyer perceives pricing isn’t on par.
Your house is in a less-than-ideal neighborhood
Buyers are more educated now due to great accessibility to real estate information
so they know they are not just buying a vacation retreat but they are also buying location and amenities.
If you are in a good location, near towns, parks, lakes, reputable schools perhaps, decent roads, then you stand a good chance of bagging a good price for your cabin. If not, you may need to accept that you are not going to sell for a large profit. If that’s your motivation, then you may need to wait out the market a bit longer. However, you can update your cabin as much as you want to make it shine (and you absolutely should) but you can’t change the location where it sits.
What level of marketing are you getting?
Good marketing can highlight the positive aspects of your home and downplay the
negatives. It means really reaching out to buyers and making them pay attention to your home. Only having your property advertised in multiple listing services alone won’t cut it. You need a robust marketing campaign.
Your house must be in show condition – outshine your competition
To successfully sell your home, it’s important for the seller to get inside the head of
a prospective buyer and try to view the property from their eyes which may be hard to do, especially if you can’t put aside the emotional ties you have with your property. This is where a real estate agent can give you valuable insight and advice because they know what buyers are looking for and what it takes to get a buyer to buy.
Every home needs some level of repair from simple touch-ups to visits from the plumber, painter and/or electrician. Even a brand new house is not exempt. You don’t have to spend a lot of cash but make sure your home is squeaky clean, remove the clutter and repair a torn screen or windows and doors that don’t close properly. (Most home inspectors will get you for this anyway). Replace burned out light bulbs, lighten things up, take care of pet odors, make your home feel as welcoming and relaxing as possible.
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