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Elizabeth Weintraub

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By Elizabeth Weintraub, About.com Guide to Home Buying / Selling

There May Be Solid Reasons Why Your Home Isn't Selling

Wednesday September 9, 2009

When 30 to 60 days go by without an offer, it's normal for sellers to ask why their home isn't selling.

When homes don't sell, there are a host of reasons to explore apart from price. I mean, price plays an important factor; it's just not the only factor. Because, believe it or not, some homes simply take longer to sell than others. Especially upper-end homes.

Some buyers lie in wait for such a home to come on the market and jump on the chance to buy these estates when they first hit MLS. In fact, some homes never make into MLS before they are sold, there's that much demand for them.

Most agents, myself included, maintain lists of buyers to call when these opportunities arise. These million-dollar buyers are in no rush to buy, but if the home of their dreams becomes available, they are ready to drop serious cash.

Your home doesn't have to be worth a million to be desirable. It could be a $100,000 bungalow. If it's desirable, buyers will fall over themselves to acquire it. If your home isn't desirable for some reason, it will take longer to sell . . . read more about why your Home Isn't Selling.

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