When you have been trying to sell for 6 months and you’ve made all the changes and updates recommended by your Realtor, including keeping the price at pace with the market, and your home is still in NOT selling, it can be hard to keep a cool head.

The real estate market in Wayne County, Michigan has been declining for some time now and the rest of the country is just starting to catch up.  With news outlets reporting daily that there is no end to the decline in sight, it can be very hard to be a home Seller.

The plain fact of the matter is that there are more homes for sale than there are buyers to buy them - and that can be frustrating and painful. 

The first step is to take a deep breath and evaluate the situation. Are you truly priced right? Have you honestly made all the updates and improvements suggested to you? Have you listened to the feedback given by prospective purchasers? If the answer is a resounding NO - then what are you waiting for?  Time is of the essence in this real estate market and you need to be at the top of the game from the word GO. 

If you can honestly answer YES to those questions then at least you are doing all you can to sell your home.  The first step is to release all the negativity that you feel about the lack of a sale.  If you and your Realtor are both doing everything you can to sell the home, then remaining positive is key.

It may seem silly, but every night before you close your eyes tell yourself that your home will sell.  Generating positive energy does not guarantee the perfect buyer will come knocking at your door the next morning, but it never hurt anything!

You and your Realtor cannot control the state of the market, or the decline in home prices.  Take responsibility only for the things that you can control: the price and condition of your home.  Your Realtor should be responsible for effectively marketing the property.

I understand that sometimes there are other mitigating circumstances that can make a lack of offer very frustrating.  Be it fear of defaulting on a mortgage or an impending move, you can still only do so much.

Be candid with your Realtor about your needs, and they will usually have a suggestion or solution for you.  Sometimes taking less for you home than it is worth is the only way to make it work - but things are never hopeless!  

Based on your individual situation there is always some other step that can be taken. If you truly feel desperate you may want to consider a Short Sale or renting out your home - your Realtor can help you with the details. The main thing is to keep your chin up and not let the negativity about the housing market get to you. 

Be realistic - but also be optimistic!  

For more information visit: www.realestateone.com/maureenwebber