{"id":7180,"date":"2022-06-30T01:13:21","date_gmt":"2022-06-30T05:13:21","guid":{"rendered":"https:\/\/empireappraisalgroup.com\/?p=7180"},"modified":"2022-06-03T16:16:28","modified_gmt":"2022-06-03T20:16:28","slug":"shame-brews-for-homes-that-linger-on-market","status":"publish","type":"post","link":"https:\/\/empireappraisalgroup.com\/shame-brews-for-homes-that-linger-on-market\/","title":{"rendered":"Shame Brews for Homes That Linger on Market"},"content":{"rendered":"

Shame Brews for Homes That Linger on Market<\/h1>\n

\"A<\/p>\n

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Homes are selling within days or even hours\u2014except for the homes that aren\u2019t.<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Those homes\u2019 owners say they often feel embarrassed and angry and wonder\u00a0what could be\u00a0wrong with their house, according to an article at realtor.com\u00ae.<\/h3>\n

The seller\u2019s market means that many homes end up in bidding wars, and fierce competition is the talk of the town. Eighty-seven percent of homes sold in March were on the market for less than a month. Properties typically stayed on the market for 17 days, according to National Association of REALTORS\u00ae data.<\/h3>\n

Some home sellers with different experiences say their egos were bruised. Jessica Clark in Lincoln, Neb., told realtor.com\u00ae that, in late 2020, she and her husband were trying to sell their home, which initially looked promising for a quick sale. They had constant buyer tours. But they received no offers. \u201cWe felt defeated and so worried,\u201d she says. Their house lingered on the market for more than a month, while other homes were selling within days. Finally, they received an offer below the asking price, when they had been hearing everything else was selling for way above asking price. \u201cIt wasn\u2019t the best,\u201d she told realtor.com\u00ae. \u201cBut we felt forced to accept.\u201d<\/h3>\n

Sellers whose homes are lingering on the market may need to have a heart-to-heart talk with their real estate agent about the next steps to renew interest. Could their house be priced too high? More sellers are having to drop their asking prices:\u00a0Some Sellers Hit a Tipping Point<\/a><\/h3>\n

Also, discuss what is turning off buyers from the home. Are repairs needed? A real estate agent could suggest home staging, decluttering, or even minor renovation to help boost interest.<\/h3>\n

\u201cA hot market leads people to believe that, because the house down the street had a bidding war and fast sale, they will follow suit,\u201d Laurie Leinwand, a licensed professional counselor of Three Steps Forward, told realtor.com\u00ae. \u201cWhen reality falls short, there\u2019s disappointment. Your objective is to sell. Let go of the time frame. It will happen when it\u2019s supposed to. If it takes\u00a0a little longer, that\u2019s OK.\u201d<\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Source:<\/h3>\n
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\u201cWhat Hot Market? The Secret Shame of Owning a Home That Just Won\u2019t Sell<\/a>,\u201d realtor.com\u00ae (May 12, 2022)<\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Shame Brews for Homes That Linger on Market Homes are selling within days or even hours\u2014except for the homes that aren\u2019t. Those homes\u2019 owners say they often feel embarrassed and angry and wonder\u00a0what could be\u00a0wrong with their house, according to an article at realtor.com\u00ae. The seller\u2019s market means that many homes end up in bidding […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":""},"categories":[7],"tags":[],"yoast_head":"\nEmpire Appraisal Group - Highest Reviewed Appraiser in Broward<\/title>\n<meta name=\"description\" content=\"Need an Appraisal? Call or text us today for a free quote (561) 441-9298. Serving Broward County for over 15 years. Specializing in residential appraisals for listings, divorces, estate & Probate, bankruptcy, IRS Gift Tax, and much more. 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