{"id":2569,"date":"2012-04-13T12:11:59","date_gmt":"2012-04-13T12:11:59","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=2569"},"modified":"2012-04-13T12:11:59","modified_gmt":"2012-04-13T12:11:59","slug":"what-to-do-when-a-home-lingers-on-the-market","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/what-to-do-when-a-home-lingers-on-the-market\/","title":{"rendered":"What to Do When a Home Lingers on the Market"},"content":{"rendered":"

What to Do When a Home Lingers on the Market.<\/h2>\n
\"What<\/a>

What to Do When a Home Lingers on the Market<\/p><\/div>\n

While the supply of homes has decreased from a 8.6-month supply to a 6.4-month supply in the last year, some home owners are still seeing their home linger on the market.\u00a0<\/strong><\/p>\n

When you can\u2019t get a serious bite from a buyer, here are three interventions you might need to have with your clients.<\/p>\n

Re-evaluate the price of the home.<\/strong><\/h3>\n

\u201cIn an overcrowded housing market, overpriced homes won\u2019t get any showings,\u201d Norman Block, a real estate agent in the Raleigh-Durham area of North Carolina, told Reuters News. For buyers who want to sell quickly, pricing the home lower than the market may help.<\/p>\n

Make home improvements. <\/strong><\/h3>\n

Sellers don\u2019t have to spend a fortune on improvements, but maybe there\u2019s a reason why buyers keep overlooking their home and items need to be addressed. Maybe some aesthetic finishes will help freshen up the home in buyers\u2019 eyes, such as a fresh coat of paint, decluttering, new hardware on the front door, and tending to the yard.<\/p>\n

“If everything is caulked up, and everything is sparkling and shining, the subconscious feeling is \u2018wow this house has been taken care of,'” Block says.<\/p>\n

Consider a rental situation of the home in question.<\/strong><\/em>
\nFor homes that just won\u2019t sell<\/span>, home owners might consider renting out the property or entering into a rent-to-buy option. Some home owners have opted to turn their home into a short-term rental if they need help paying their mortgage right away, or some real estate agents have helped arrange a rent-to-buy option.<\/p>\n

Source: \u201cWhat if You Can\u2019t Sell Your Home?\u201d Reuters (April 9, 2012)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

What to Do When a Home Lingers on the Market. While the supply of homes has decreased from a 8.6-month supply to a 6.4-month supply in the last year, some home owners are still seeing their home linger on the market.\u00a0 When you can\u2019t get a serious bite from a buyer, here are three interventions … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-2569","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nWhat to Do When a Home Lingers on the Market - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"What to Do When a Home Lingers on the Market. Re-evaluate the price of the home. Make home improvements. 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