It took just one no-nonsense Reddit post to capture what many buyers and agents have been thinking for years: your house probably isn’t selling because it’s simply priced too high.
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The viral post on r/RealEstate, titled “An open letter to every poster asking why their house won't sell,” didn’t whitewash it. “The price is too high,” wrote the person. “If you’ve been listed for months with little to no interest and are still asking, ‘Why won’t my house, like, sell for what I want to get for it?’ I have your answer. The price? It’s too high.”
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The post mocked common justifications sellers use, including comparisons to neighborhood comps, recent upgrades, and even blaming noisy neighbors. “The neighbors aren’t moving, so they’re baked into the price,” the author added. “Which is too high.”
Many commenters chimed in with frustrating examples of tiny price cuts that do nothing to move the needle. “But I cut it by 500 dollars,” one person wrote sarcastically. The original poster replied, “Tiny price cuts like that automatically turn [buyers] off, because they indicate the seller probably isn't reasonable to work with.”
They also took aim at the classic relist trick. “My personal favorite… is the listed-for-three-months-then-delisted-for-a-day-then-relisted-at-the-same-price pipeline,” they wrote.
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Buyers Are Paying Attention
Another user noted that even worse than relisting at the same price is raising it. “You know what's even better? Relisting but increasing the price,” they joked. Others pointed out shady tactics like briefly listing a $600,000 house at $600 to trigger alerts for buyers with lower price filters, only to switch it back a day later.
Still, the message was that a high asking price doesn't magically turn into a high offer. As one person put it, “You need to drop a price bracket, or close to it, to get new people looking at it.”
Commenters also warned about the risks of sitting on the market for too long. “A long time on the market with no completed sale can look suspicious and lose you value, even in the future,” one said.
Others called out sellers’ emotional attachments and unrealistic expectations. “Instead of wanting to sell, the person is living a delusion,” one commenter wrote. Another added, “Everyone else can see the long list of problems, but for the owner, it's ideal.”
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The thread included examples of dated, poorly maintained homes listed at top-dollar, with sellers refusing to budge. “It’s horribly dated… Lots of land—full of rats because it’s marsh and unusable… and right next to a bar with live entertainment every weekend,” one user described their family member’s home. Still, the price hadn't changed in over two years.
Some Pushback, But Not Much
A few users offered more nuanced takes, suggesting that in rare cases, issues like bad timing, ineffective agents, or poor marketing can stall a sale. One shared, “We listed our home in the fall, got no traction… did a deep clean, changed agents, and it sold for 10% over the original asking price in the spring.”
But even in that case, OP circled back: “My argument remains that it was price; the price was inappropriate until you made several material changes.”
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