Why Your Home Isn't Selling
If you have ever sold a piece of property, you understand just how frustrating it can be when you don’t experience a speedy sale. Preparing your home to put on the market and going through the process of ensuring that the listing is well-optimized to attract probable buyers can be a lot of work! If you feel like you have done everything right, yet your home just isn’t selling, this is the article for you.
One of the most common reasons why your home might not be selling is due to the price. A high price can deter any buyer from wanting to put an offer on a home, especially if market conditions are not the best. To ensure that your home is appropriately priced, work with a real estate agent who specializes in the space so that you can list with confidence.
Your home might be able to offer more than what meets the eye, but potential buyers won’t give your space a chance if the curb appeal is lacking. Curb appeal is the way a piece of property looks from the outside as potential buyers drive by. Chipping, paint, lack of lawn care, and a dilapidated exterior look can significantly deter potential buyers from even stepping foot in your space. Be sure to spruce things up before listing your home on the market!
Location issues are another contributing factor that can deter potential buyers from becoming interested in your home. While location is not something that you have the ability to change as a seller, this can influence the way you market your property! For example, if your home is located in a district with impressive school systems, marketing your home to new families is an excellent choice.
Speaking of marketing, if you have not been investing in marketing your property, this can be a reason why your home is not selling. While your home might be accurately priced and have great curb appeal, the right potential buyers might just not know about it yet! Your real estate agent can help you appropriately in an affordable and effective way.
Unless you are pricing and marketing your home as a fixer-upper, structural issues should be minimal. Keep in mind that potential buyers might bring someone with them to tour the space and check for structural integrity. If there are big renovations that need to be done, be sure to take this into account before listing your property.
Negotiation is an art. If you are not negotiating well when offers come through the door, this can be a reason why the sale of your home falls through. Luckily, working with an experienced agent can help you master the art of negotiation as they will take the heavy lifting off of your plate.
If your home fits all of the criteria you had thought would lead to a speedy sale, yet you aren’t coming in contact with buyers, this is your sign to work with one of our professionals at VSells&Associates!
Whether you are buying or selling, we at VSells & Associates make it our mission to guide our clients through the whole process. We make moving simple, straightforward, and as stress-free as possible.