My house isn't selling - what should I do?

My house isn't selling - what should I do?

Ed Mead (Estate Agent) gives expert video advice on: My house isn't selling - what should I do?; Should I trust my agent when he tells me to accept a low offer?

If your house isn't selling you have three real choices. One is to take it off the market, but if you want to sell it then that's obviously not particularly a good option. Second option is to reduce the price with the same estate agent that you've got, reducing the price is going to bring it into the price range of a lot of new buyers. There is no point in doing a token reduction however, it's going to have to be a fairly substantial reduction. The third choice is to go with another estate agent. Now, it's quite conceivable that another estate agent could be a chain of estate agents or a better local agent and he may have a different market. So options two and three are valid and only you will know whether you prefer two or three.