Question: My neighbor has a house that she said she’s been trying to sell for three years. Is it a bad sign when you see a house that’s been on the market that long?
Answer: It certainly is a concern for the reasons the house has been on the market so long. The house is generally way overpriced and the buyer will take this into consideration when making an offer. Many times the buyer will ask me "how long has this home been listed" right away. They want to make a low offer; not good for seller.
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