with your listing agent before agreeing with a buyer.
NOTE: There may be restrictions placed on the real estate agent because of Brokerage Act laws. There are also lender limits on buyer credits — and they MUST be properly disclosed — so be sure to stay within the limit of local, provincial, and national laws.
UNDERSTAND WHY HOMES DON'T SELL
Homes that do not sell for extended periods of time are usually priced too high or are too pricey for the neighbourhood. Strategic pricing will always be the top reason homes sell successfully in any type of market.
Here is a list of other common reasons that homes do not sell:
• The home is too cluttered. Piles and stacks of stuff discourage buyers. • The home interior is dated. Old styles, trimming or flooring deter sales, and so do any upgrades necessary to freshen up the decor. • The homeowner is not flexible with showings. Plan ahead to ensure kids, pets, and you are ready to show at any time. • The 2023 current inflation, potential housing crash and historically high interest rates. (temporary situation should remedy itself in 2024-2025 according to most economists). • The real estate agent did not provide a sufficiently aggressive marketing plan. • The real estate agent did not perform the Comparative Market Analysis correctly and failed to provide strategic
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