By Melinda Fulmer of MSN Real Estate
Why do some homes linger on the market for months — or years — while others are snapped up in a matter of days?
While much of it has to do with price and local inventory, a whole host of factors can conspire to make a home sit and stagnate on the multiple listing service without showings or offers.
To find out what makes some listings such laggards, MSN Real Estate polled agents across the country and combed through properties from our partner Realtor.com looking for real-estate wallflowers and the issues plaguing them.
Think of these examples as cautionary tales for sellers, with a bit of advice sprinkled in from agents who have seen it all before.
“The longer a house sits on the market, the more it gets stigmatized,” says Deirdre Lohan Conway, of Schooner Properties near Cape Cod, Mass. People ask, “What’s wrong with that house?” and “Why hasn’t it sold?”
If you don’t want your home to be the listing that won’t budge, read on for eight listing no-nos and four tips to help you sell lickety-split.