Is your home sitting on the market much longer than you thought it would be? Why isn’t your home selling? Read on to find out.
If your home is for sale and its been 3 weeks to a month and you haven’t sold yet, there might be something wrong. Whether it’s priced too high, isn’t up to snuff, or the online photos aren’t bringing in potential clients, you’ll want to fix it.
In most places in the country, it is a seller’s market right now. Homes go quickly in a seller’s market and often bring bidding wars. Many homes are selling for above asking price in this hot real estate market.
If this is not your experience, keep reading for some of the likely reasons your home selling isn’t going well.
Why Isn’t My Home Selling?
So your house is on the market and you’re getting lots of showings, but no offers. Or maybe your house is on the market and you’re getting no action. No showings, no offers, nothing.
Most people want to sell their home fast. If it’s not selling, there’s probably a reason why buyers aren’t grabbing up your home. Here are 5 of the most common reasons. The good news is that you can fix these issues and get back on track.
1. It’s Priced Too High
Overpricing the home is one of the biggest mistakes that sellers make. A good agent should analyze market conditions and comparable homes to recommend a selling price.
Price it too high and you risk pushing potential buyers away. Some might not even look at the home because they don’t think they can afford it.
The obvious fix here is to reduce the cost.
2. Your Photos Don’t Do The Home Justice
Don’t use photos taken with your smartphone. The photos should be taken by a professional photographer who knows how to photograph real estate.
Take pictures of rooms, not furniture. Make sure the photos don’t try to distort the size of the room and make sure there are lots of them.
Buyers who don’t like the pictures might choose to not even look at the home in person.
3. The Staging Isn’t Inviting
Good pictures rely on good staging. Take down personal photos, put away knick-knacks, de-clutter, and clean out your closets.
Stage your home so that potential buyers can envision themselves living there. That’s hard to do if your wedding picture or toothbrush is staring them in the face.
4. There’s No Curb Appeal
The yard and front door is typically the first thing buyers will see when they pull up to your house. if the yard is lackluster, the landscaping non-existent, and the front door less than inviting, it sets the tone that you don’t care about your home. If the outside looks that way, then what does the inside look like?
Clean up the yard, paint the front door, and make the landscaping neat and clean. Keep the house, inside and out, show-ready at all times.
5. There’s A Specific Problem
Real estate agents will typically offer feedback to other agents about their listings. If you have several buyers come through the home and opt out of making an offer because of a specific problem, you should address that.
Maybe the carpet is stained and dirty or the house smells bad. Figure out what it is that is pushing buyers away and address it.
The Bottom Line
One of the most important things to remember during home selling is to be patient. Hire the right agent and listen to their advice. They are the experts.
Contact us today to learn more about how our agents can help you with your next home sale or purchase!
