Profile picture for andirie

We have had our home on the market for over 4 months and it's only been shown 4 times. Is this norm

Our house has been on the market for 4 and a half months and only been shown 4 times.  Is this normal?  Should we change realtors?  Our home isn't overpriced and is in great condition.
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July 27 2009 - Broken Arrow
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I do know Broken Arrow and either: your price is too high, the curb appeal needs work, or the marketing has been lacking. Or a combination therof. Have your realtor prepare a new cma(comps) and see what's selling and how many days on market. At this point I would: make sure it's in several locations on internet, local ads, maybe a couple of open houses. best of luck.
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July 27 2009
Profile picture for wetdawgs
I know nothing about Broken Arrow OK, but if other properties are selling in your community it is likely to be a sign that either it is not priced correctly or is in an undesirable location.

So, the first thing to do is to see if houses are selling in your community.

The next thing to do is to evaluate (and refresh) the CMA done to come up with the price.  If houses have sold in your neighborhood in the last three months their contribution to the CMA is greatest.  If houses were sold a year ago, the contribution is far smaller.

What is your realtor doing to market your home?   Is the realtor meeting all expectations set out when you interviewed him/her?   If not, have a serious chat about meeting expectations.

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July 27 2009
 
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