The feeling your life is put on hold and you are left wondering why my Maine home is not selling.
The decision to list your home for sale in Maine is because of a handful of reasons. The property is too big, undersized or a transfer means you can not take it with you. Until it is a mobile home that could be trucked down Interstate 95 to you new location in state or beyond.
In a small rural state like Maine, it is often cheaper to buy a better home than try to fix the weak points in your current one. The prices don't spike up and down and the marketing time can extend while a new buyer for the Maine home is located through effective far reaching marketing. Supply and demand in the housing stock can impact how long is this home selling process going to take.
So why is the Maine home not selling.
Folks wanting, needing to buy have to know about the new house on the market. Anything wil sell if fairly priced too. It begins and ends with pricing and does the figure used in the marketing match the real value in the current market. Over priced properties are not just the seller's job to keep them realistic. It is the real estate agent or broker who can through the CMA market analysis to determine if the listing price is too high to ever bank appraise for the figure the seller would like to see written on the real estate closing check.
It is best not to take over priced listings because they clogged the market, give the seller the expection the place could actually sell for this inflated figure.
And the steady flow of real estate agent planting and removing their sign out front happens. Which causes the neighbors, those following the local listings to suspect the property. The agent is blamed by the seller for why the home in Maine did not get to a real estate closing.
If the seller does not want to sell but is enticed to list for a pie in in the sky figure, a responsible agent or real estate broker will politely put the brakes on. Respectfully decline the listing after showing the sale of properties sold in the current market and listed for sale that will be competing with his real estate to locate a buyer. Too many just like this home for sale means better pricing and higher powered marketing is a must. To make it stand out from the rest of the crop for a quicker, hassle free sale. Because we all know time is money in life.