(I'm a minor so I don't know a lot about any of this stuff. I know I'm probably an idiot. My parents don't know how to use reddit so I'm doing it for them.)
This is my parents' first time trying to sell a house. The agent recommended one price, which they thought was a little high compared to other houses in the neighborhood that have sold. They settled on a lower price. The house has now been on the market for about four months and there hasn't been any interest in it. Not even one person. No one showed up to the open house either.
The price was lowered once after the first month, again after the second, and again at the start of this month. It is now far below other houses in the area, and still nothing. I've been reading the posts here about houses not selling, and the consensus is that it's always the price, but considering how low we've gone with nothing, my parents are concerned something else is wrong with how we're doing this.
The house was built in the 90s, which I guess is old now. It has been heavily remodeled and new landscaping was done within the last ten years though. But it still has popcorn ceilings which some of the things I read say is really bad. The neighborhood is good, it's near a lot of well-rated schools, parks, etc.
My parents and I are very desperate to move, so they're willing to lower the price further, but wanted to know if there are other common things that keep a house from selling.
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source https://www.reddit.com/r/RealEstate/comments/1l5dt28/should_the_price_be_lowered_further/
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