Once you’ve listed your home for sale, you may think that it’s only a matter of time until your house is sold. Yet, unfortunately, for many people, their home does anything but sell. The longer that your listing is on the market, the less desirable that it becomes. Ideally, you want your house to sell within the first two months. Any longer, and people will start wondering what’s wrong with your home and why it’s not selling.
If you’re selling your home and it has been sitting on the market without any buyers, take a look at some of the reasons that might be happening.
Priced Too High
One of the most common reasons why homes don’t sell is because they are priced much too high. Pricing your home too high will turn away potential buyers. When deciding on a price, it’s important to make sure that you’ve found the right balance.
Going too high will immediately turn people away; however, if you price too low, then it can give the impression that there’s a reason behind it.
Not Using an Agent
A lot of people don’t want to have to pay a commission to a real estate agent, so they try to go about the process themselves. However, the truth is that using an agent is one of the most important things you can do for a successful sale of your home.
An agent is there to answer any questions for you, guide you on your home’s fair market value, and of course, find you, buyers. There is so much that goes into the process of selling your home that it can be a lot to take on. Leave the work to your agent so you can focus on your personal and professional life!
Your Home Isn’t Ideal
It may be the case that your home has some kind of feature or quality that the average person doesn’t like. Whether it’s an unusual layout or a remote area, it can be difficult to find the right buyer.
If you hope to sell a home that doesn’t fit the typical mold people are seeking, you may just have to be patient a little longer than usual.
Staging is something that can significantly speed up the process of selling your home. The idea of staging is convincing people that they’re already living there when they walk in.
Make as many upgrades as possible so that your home looks fresh off of a magazine page. Have just enough furniture and decoration that it feels like the home is lived in, however, not so much that it looks cluttered. In some cases, you may choose to hire a professional stager who is experienced in the best methods.