Answers by Marianne Windridge

Typically, around the holidays, the market slows down as people are involved with travel, family and friends. It you continue to get showings and no offers, and there are no physical challenges to your property such as an awkward location, strange floor plan, etc. I would consider a price reduction.

There may be issues with the home that are not readily apparent. If the home has gone under contract several times and come back on the market then I would almost be certain that the home is failing inspection. There could also be issues such as an older roof, older electric panel or something similar that would prohibit a buyer from being able to insure the home. If the house is priced fairly I would assume it would be one of these issues.

I would suggest reaching out to a local realtor for a Comparative Market Analysis of your home. This will provide you with an accurate range of value for the home and you can interview prospective listing agents at the same time. You could also hire a licensed bank appraiser to do an appraisal for you. You can obtain the name of an appraiser for a Realtor or Google local appraisers.

There are multiple ways for you to get an idea of value, some as simple as looking at local websites and observing sale prices of homes similar to yours. However, for a more accurate valuation, I would suggest with speaking with a local Realtor and asking them to prepare a Comparative Market Analysis ( CMA) of your home or hiring a local appraiser to appraise the home. Keep in mind that are market is constantly changing so if you are not ready to sell for 6 months or more I would wait until you get closer to the date that you want to sell. Hope this helps!