Home-owners thinking about to sell their home never consider the fact that many homes do not sell. Some homes do not sell even during a seller’s market. Here are some reasons why it happens.
Many sellers rely on emotions pricing their home. It is understandable. We are attached to our homes, and it affects the understanding what is a real value of the house. Even having three sales on the street (i.e. three comparables) does not guarantee that a listing price established by the owner is correct. Consult with real estate professionals before to put your home on the market.
Prepare Your Home For Sale
Make sure your home is clean and tidy before showings. It is a good idea to clean home professionally (including windows, garage, etc) before it hits the market. Trimmed landscaping (even if it is a couple of shrubs near the front door) and clean, fixed driveway affect buyers’ decision incredibly.
Stage Your Home
Help buyers to imagine living in your home. Cluttered homes don’t sell easy. Even if home is clean, clutter will still be an issue. It makes the house feel smaller than it is. Invite a staging professional. Consultation will cost you as little as $200-$300, but it will pay you back.
Your Home Require Too Many Repairs
Many buyers don’t want to deal with the cost or effort of doing repair work, even if it’s just a bunch of small repairs, such as tightening a handrail or replacing a bulb. From the other hand, do not make your home improvements too personalized. Buyers will not pay for features they don’t want.
There are tons of other reasons that keep your home on the market. Talk to your realtor. We are seeing homes for sale every day, and we know the difference what is selling what is not, why, and what should be done to change the situation.