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What to Do if Your Home is Not Selling?

19/11/2020

What to Do if Your Home is Not Selling?

Selling a home can be very tricky even during the best of times (even though its sellers' market) but it doesn't necessarily mean that all houses sell easily. However, the sellers can get discouraged if the home stays on the market for a long time and haven't got any serious offer from a single buyer. Maybe you have already spent a lot of money on advertising and waiting more for your home to sell can be stressful.

According to experts, the idea of selling your home can be dauting and the sale period is not always same, so you should not be alarmed, if the waiting period is longer than you expect. On the contrary, it is important to ensure you are doing all you can to attract potential buyers. Read on the following blog to find out the likely reasons your home is not selling along with the advices to fix the issues.

The price is not right

When it comes to reasons a home is not selling, it mostly comes down to the price. If you have staged the property in right way and presented it well, then price is the biggest factor to turn down the potential buyers. Pricing a house too high is a common mistake and agents state that resisting the temptation to overprice the home is the biggest challenge, sellers face while advertising their homes on market.

Pricing a home for sale is tricky but it is essential to determine your home's fair market value. Make sure that you consult a real estate agent for advice. A professional real estate agent is able to tell you how to price your home the right way.

Your home is unique

Though a particular time-frame does not apply to every home yet some homes also have features that make it more difficult to find the right buyer. These properties can be tagged as unique properties such as very spacious homes, high-end, or fully-furnished homes, homes located far from the central city, homes with odd or unusual features. Therefore, these homes take little longer time to match with a buyer.

If you are also facing this issue, you must be ready to wait, think of changing the features or adopting another marketing strategy. If you have unusual home, there are buyers who look for such homes. All you need is to cast the unusual features of the home in the most positive light and get your property appealing for the right set of buyers.

The listing photos aren’t professional

Most of the buyers start their property search online so the first impression they will get of your home is through property images. Given the number of options available at most of the property portals, it has become convenient for people to pass over images, which look unattractive or don’t have wow factor. Remember, if the images don't show off how great the home is, no one is going to visit it in person.

Some property owners hire professional photographers while others do not consider its important and take pictures themselves. Therefore, some properties do better than others and get sold easily. If your property images do not come up to your standard, you should not accept them. Remember, it is an instance where a little investment can deliver huge returns.

This is all for now, and we will update you with few more mistakes that you might be committing and your property is not being sold yet.

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