Here's Why Your Property Isn't Selling
Has your property been sitting on the market with little interest for months? Especially in the current state of the Western Colorado real estate market, this indicates that something is very wrong.
When a listing sits on the market for too long, the seller has four choices:
They can do nothing and hope that the right buyer comes along.
They can terminate the contract with their listing broker and find someone more qualified to sell their specific property type (if they have a reasonable cause).
They can wait for the listing to expire and, again, find another listing broker.
They can talk to their real estate broker about reviving the stale listing with a different sales and marketing approach.
However, regardless of which option they decide to pursue, sellers should always find a broker who’s experienced selling their specific property type and ensure their broker has a solid real estate marketing strategy. Read below to discover just how to do these things.