Three most common reasons properties do not get offers.

#1
It's priced too high!

#2
It's difficult to show!

#3
It doesn't show well!
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May 06 2011 - Naples
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Replies (25)

Profile picture for hpvanc
1.  Over priced
2.  Poorly valued
3.  High cost
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May 06 2011
1. Priced too high because sellers are upside down.
2. Because priced too high, property now negatively stigmatized.
3. Chasing the market, ultimately settling for a price below market value.
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May 06 2011
1.  main reason usually is price is too high
2.  if the home is in an area that may be flooded with inventory it has to be competitive and be the best and show the best
3.  if there is no action maybe the agent can put all new photos, do a new video, advertise in Homeas and land magazine-  shake it up abit
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May 07 2011
I would add- terrible condition of property- and I really mean it.
I show a lot of REO properties and some of them are extremely neglected-mold issues, roof leaks that has not been taken care of, stinky, visible cracks that may indicate major problems etc.
Some of these properties not even investors consider to purchase.
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May 07 2011
1- Price
2- Price
3- Price
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May 07 2011
1. Inhabited by flesh eating zombies. 2. Located in misrata Libya 3. Surrounded by Blackhawks special opps stealth helicopters and navy seal team members.
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May 07 2011
Profile picture for the_country_hick
1 sellers do not get the market or how to price
2 realtors do not understand proper pricing or the market
3 price is to high

All say the the same thing.
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May 07 2011
I would say that the number one reason is price for sure.  However, buyers right now are looking for the best bargain and are very picky!  Sellers, even if the Realtor hits the Listing Price dead on, feel that they can get more money for their homes.  With the foreclosure market still moving and banks going in the real estate business, the Incredible deals are few and far between.

2. Listing has to be completely remodeled and buyer does not want the headache.

3. Area
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May 10 2011
Dangers of over pricing a home.

1) Discourages qualified buyers
2)Better Positions other local homes for sale
3)House goes stale 
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May 11 2011
1. Priced Too High

2.  Condition of Home ( being dated, messy, in need or repairs or  All the Above

3. Location
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May 11 2011
1) Property is overpriced (for condition, location, market, etc.)

2) Property is not advertised (no online presence, no sign, etc.)

3) Access is difficult to obtain (rented property, problem keys, etc.)
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May 11 2011

Usually price is the #1 problem.  It may be helpful to go online and check out comparable properties in your neighborhood and consider a price reduction.

Distracting and dated decor/colors (lime green appliances, shag carpeting, ugly bathrooms/kitchens) sometimes make it difficult for a buyer to see the real value and potential of the home.  It may be worth it to hire a staging company.

Damage to the home (water damage, pool/lanai, roof) can intimidate buyers, because of the unknown repair expense.  Consider getting a home inspection and making the repairs.

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August 12 2011
1.Listing price doesn't reflect market value 
2.Occupied by tenants 
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August 12 2011

Any home will sell at the right price no matter where it is located or what condition it is in.  It is our problem to find out what that price should be.

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August 13 2011
1- price
2- location/neighbors
3-too many updates/repairs needed
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September 22 2011
The reason is almost always price!
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September 22 2011
Price
Price
Price

Price to all issues and ammenities determines sale or no sale
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September 24 2011
Profile picture for sunnyview
Price, bad location or super ugly. When you get to it though, even the last two can usually be fixed with the right price.
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September 24 2011
I second (or third) the "Price, Price, Price," in addition to the seller's willingness or ability to present the house in its "best light."
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September 24 2011
yes.  It is price, price, price.  And it is condition and location, but that has to be considered in the price.  Soooo, it is all about price!
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September 28 2011
Price is critical - and often determined by sellers who "need" to get x-dollars regardless of what the market value of the property is.   That said, there are homes out there not getting offers despite an appropriate price -- and then the issue is often how the property shows.   If a property is vacant, it should be immaculately clean.   If it is occupied it should be staged.   Went into a vacant house last week that was bargain-priced but languishing on the market.   The problem?  It had been empty and closed up for 2 years and smelled musty.   Realtors told me their clients came in, took a good sniff and shut down.   How hard would it have been to solve that problem?  
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October 04 2011
Please be aware that this is an old post. Very well answered,we need to retire this thread.
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October 04 2011
Dog Smell is a deal killer.
 - the owners said 'my dog doesn't smell' 
 - buyers can't spend more than 5 minutes in the house without gagging.
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September 07 2012
Sergio said it well!!
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September 07 2012

Basic home selling:

Home is priced too high
Condition is very poor
Access to showing property is great hindered
Home shows poorly (see condition)
Home is priced too high
Did I mention home is priced too high?

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September 07 2012
 
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