Why Your Home Isn’t Selling
Deciding to put your home up for sale is a big decision. You have to think about where you’re going to move, how much your home is worth and then you have to start packing. A lot of people assume that their home is going to sell within the first week if they list it at a fair price. The unfortunate truth is, many homes sit on the market for weeks or months before they are considered. This is true for even the homes that are move-in condition. If your home has been on the market for a little bit and you don’t know why? Let’s look at some of the most common reasons why homes don’t sell right away.
The Price Is Too High
Your house should never be priced above market value. You might think that you’ve put a lot of work into your home and you deserve more, but you need to remain reasonable if you want to get some interest. Regardless of what the market is like at the time of putting your home up for sale, it’s not going to sell if there are more affordable homes in that same area.
Everyone feels very personally about their home, and people expect others to be emotionally invested in a property as well. While you may have many sentimental thoughts of being in your home, there are other things people might be concerned with. Your roof might need replacement in a few years, the interior might be a bit outdated or the street might be a little on the lower-end side. Don’t take comments too personally. Take the criticism and see what you can improve upon. If you want your home to sell faster, you could make upgrades to bring up the value.
Bad Listing Photos
Internet photos are often the first impression that people have of your home. You want to make sure that the photos you have taken are doing your home justice. Make sure the lighting is good, make sure you clean up before taking photos and watch the angle that you are using. If you find out that people have been commenting about your photos, disregarding your home as an option, then you might want to rethink the photos you have posted.
The real estate world ebbs and flows as time goes on. The economy is a big part of how successfully you can sell your home, but there are a lot of factors that you can control. Be realistic about your sale. Anticipate that an offer will take more than one week. Price your home to sell if you want to get out quickly.
If you need help marketing your property so it can sell, let me help you today!