Why Your House May Not Be Selling?

Are you stuck with a property that wouldn’t sell? Are you wondering why your house is not selling on the market? Of course, it’s not a seller’s dream to have a house that takes months and years at length to get sold! Maybe it has been months since your house has been officially on the market, and it isn’t getting enough responses from the public as you had originally thought it would. Maybe you have waited for a long time but haven’t received any requests or offers on your house, leaving you to ask why? To say the least, this experience can be extremely frustrating for every homeowner. Moreover, for every single day that your house doesn’t sell, it is more likely to sell for less. According to real estate experts at Merrick Property Group, a house is likely to sell for the highest bid in the first 30 days of being in the market. While waiting for the perfect price for your house to come in, you might want to look at some common reasons why houses don’t sell. Read on to find some of the most common roadblocks you might face as a homeowner while selling your house. 

Reasons Why Your House Might Not Be Selling: 

The Price Is Too High

The classic demand and supply rule applies to the real estate market. If there is a high demand and low supply you can usually expect more money out of your house. But the listing price is one of the biggest determining factors while selling a home because if it is above the market value, you are most likely to lose out a lot of prospective buyers. Hence you should carefully review the recent sales trend and the competitive differences on similar properties around you. You can also get an online home value estimate or ask for the opinion of a real estate agent to quote the best price for your home.

It Is Cluttered

What do you see when you walk into your home? Before finally listing your home on the market, walk into your property with an open mind and check it from the buyer’s perspective. Would you buy this house? Can you picture your life there? Are you leaving a blank slate for someone to start over their lives in an already lived-in house? Look at your home with an honest opinion keeping aside all the attachments and emotions.

It Has Low Curb Appeal

A home with great curb appeal featuring proper landscaping can make all the difference in the real estate market. Potential buyers will be quick to judge your home within the first few minutes of pulling up to the curb. An attractive curb will attract more buyers and inspire them to see what’s inside. Think about all the improvements you can do to boost your home’s curb appeal. Does your property need some hardscaping? Or a little touch-up on all the chipping paint can do magic? Sometimes fixing simple elements like the patio stairs can go a longer way than a remodeled bathroom.

Poor Listing Photos

Blurred and amateur listing photos taken from odd angles or showcasing imperfections can repulse potential buyers. A potential buyer will immediately scroll on to the next listing, and you might lose sales opportunities due to these badly clicked photos. Click more professional-looking photos of your property and highlight all the good stuff so that potential buyers can find what they are looking for.

The House Is Unconventional

Unique houses such as expensive or large houses, properties located in unusual areas, or homes with quirky styles and features are not for everyone. It can be an oddball even if there is nothing particularly wrong with the house. For instance, if you have two complete living spaces under the same roof or a massive house in a neighborhood of small homes or some quirky architectural designs, it might take longer than usual for the right buyer to come along.

It Needs Repair

A home in a dilapidated state can be one of the biggest red flags for potential buyers. If your house has visible problems, chances are that buyers will start asking questions about the hidden problems or back out before finalizing the deal. Hence you should always fix the problems before listing it for sale.

Right now the real estate market is reviving as mortgage rates have dropped down and the demand for properties is through the roof. In a market like this, having a house that wouldn’t sell can be very exasperating for every homeowner. The above-listed points can show you why other houses in your neighborhood are selling so well, while your one seems to be forever stuck in the listing limbo. Start looking for places that need improvement and find a great realtor who can navigate you through the process of getting the best bids for your house. The right real estate company can show you affordable and simple options that can attract more potential buyers and sell your house at a competitive price. From making your home presentable to the buyers to helping you click amazing and professional-looking listing photos, a reliable real estate agent can make all the difference.