What Happens When Your Home Takes Too Long To Sell?

By Ressie Krabacher

As a local resident and top performing REALTOR® in Chicago, Ressie Krabacher is relentlessly focused on helping her clients move forward. She serves as an advocate and advisor for buying or selling, overseeing relocation, or adding home ownership to their financial goals.

Chicago’s real estate market is hot. However, while some homes will sell quickly, others will stagnate. Even in a high-demand market, poorly priced or unprepared homes can sit for months.

When a home doesn’t attract buyers, it can lead to a downward spiral. Suddenly, you find yourself in a situation where buyers are hesitant, and lowball offers start rolling in. I call this the dreaded “chasing the market,” where home sellers continuously reduce their prices but never catch up to market expectations.

How can you avoid this frustrating scenario? The key is to focus on pricing and preparation right from the start. That’s where I come in. As your trusted partner, I specialize in providing accurate Comparative Market Analyses (CMAs) to help you understand your home’s true value.

But it doesn’t stop there. I’ll also guide you through getting your home ready for a profitable sale. By following our proven Sold with Care approach, you’ll be well on your way to a successful sale.

Don’t let your home become stagnant. Market time is the enemy of price, so don’t chase the market. Reach out to me by calling or sending a message to (773) 965-4100 or ressie@kw.com for a free consultation. As always, I’m here to serve.