Selling your home doesn’t have to be a nightmare. If you play your cards right, you can make it a quick and profitable experience. But if you don’t know what you are doing, you can get in trouble fast. Your home may sit for years without a single bite. Here are the top 5 reasons your home may still not be selling.
1. You Aren’t Using a Real Estate Agent
One of the biggest reasons why you can’t seem to sell your home may also be one of the most obvious. In simple terms, not everyone has the knack of succeeding when they go the “For Sale By Owner” route. If your home is just sitting there, now is the time to call in an expert from Homeway Real Estate or elsewhere to help.
2. You Set Your Sale Price Too High
An even more obvious reason why your home may not be selling is that you are asking too much for it. This is a mistake that even an experienced home seller can make if they don’t read the room correctly. You need to know what conditions are like in your market before you set a price. Doing this will save you time.
For example, there is no point in trying to sell your home for $500,000 if it has been valued at far less. If all of the other homes in your area have also been valued lower, you’re just inviting disinterest. The key to making a fast sale is pricing your home at a level that the average person is willing and able to pay.
3. You’re Selling at the Wrong Time
Are you trying to sell your home in the dead of winter? This is a huge mistake because you are selling during the least active time. If you are trying to offload a beach house in the middle of January, the bites you get may be few and far between. The offers you do receive may be much lower than you expect.
You may also be trying to sell your home for a seller’s price at a time when buyers dominate the market. If this is the case, you can either bring your price down or simply keep waiting. The market will come back around to a seller’s market. When this happens, you may finally be able to get the price you want.
4. You Aren’t Listing in the Right Places
One of the worst mistakes that you can make is to list your home for sale in the wrong places. For example, you may still be trying to do it all off the web. The local Nifty or Thrifty Nickel may attract a few bites. But it won’t do anything like a site like Trulia or Zillow. The time for you to get on the web is now.
Even on the web, you need to know what you are doing. You need to make sure that the site you are listing your home on is legit. You also need to be sure that the listing is good. It needs to include clear and up-to-date photos along with all of your contact info. Every detail needs to be designed to attract interest.
5. You Need to Make Some Timely Repairs
You want to be able to make the best possible first impression on a potential buyer. When they step out of their car, they want to see a well-kept lawn and a nice-looking house. Every detail needs to be in place, both inside and out.
If you have gutters falling off your home or a noticeably leaky roof, people won’t want to buy your home. The time is now for you to make a list of needed repairs and see to them.
It’s Time to Get Your Home Sold
If you have been waiting months or years to sell your home, it’s time to get up to speed. Following these handy tips can point you in the right direction. It will be up to you to make the moves that finally spark some interest in your home. Once you do, you may be amazed at how quickly you finally make the sale.