Many sellers realize that finding a buyer can be difficult after listing their home. This can be a very frustrating experience, especially with media outlets proclaiming what a great market we’re in. So why hasn’t your home attracted the promised multiple offers and record-high prices? Unlikely as it might seem, the opportunity to sell is within reach. If you’ve been searching for an answer to the question “Why my house won’t sell?” you’ll be happy to know you’ve found it.
Why my house won’t sell? – 10 Tips To Cure It
These helpful hints could be exactly the boost you need to finally sell. Without further adieu, here are 10 do’s and don’ts of listing a home on the market:
1. Don’t over-improve your property just because it hasn’t sold yet. Making strategic upgrades can help your home attract buyers. It can also help you attract a high price. Sometimes less is more. Before you hire a contractor to totally revamp your kitchen think carefully about whether it will be worth the cost. Though kitchen renovations do tend to bring a high return on investment, an over improved room may out of place. The improvements you choose to make before selling should reflect what’s typical for your neighborhood. They should also reflect what buyers in your price range are willing to pay for.
2. Make necessary improvements—listing as-is could be the reason your home hasn’t sold. Neglecting to make any repairs or improvements can jeopardize your ability to sell. There are certain improvements every seller should make before listing. Giving your property a fresh coat of paint and fixing deferred maintenance issues will make a big difference.
3. Don’t ignore small problems. Your home should be free of all noticeable issues before you list. Ordering a pre-listing inspection so you can resolve any problems right away may save you time and energy later on. A leaky faucet could easily transform into a ruined ceiling in the future.
4. Clean and depersonalize your property. Buyers want to be able to envision your house as their future home. This means you ensure every room has an immaculate finish. Once your home is sparkling clean you should also remove all traces of clutter. Doing so will make your home look more spacious and will also help you get a jump start on packing for your move. Don’t forget to depersonalize when your home is clean and clear of clutter. It’s understandable to care about your family photos, sports paraphernalia, and other personal items. These things can make buyers feel out of place though. Your goal as a seller should be to create a fresh and neutral space.
5. Don’t underestimate the power of interior design. Decluttering and depersonalizing are essential. However, your property shouldn’t be devoid of style. Staged homes tend to sell more quickly and for more money. The exterior of your home should showcase neat landscaping. The interior should be equally attractive. Hiring a professional staging company is a great way to ensure your home looks cohesive and inviting. A well-staged home is critical to capturing the attention of potential buyers.
6. Conduct research before choosing your Realtor. Not all agents are equal. Some have more experience and more skill than others. You should interview at least two or three professionals before hiring someone. Interviewing each agent before making your decision will ensure that you make the best possible choice. A good agent should have the ability to create a specific marketing plan for your property. They should also be able to demonstrate their past triumphs in the industry. Your choice of agent is among the most important factors in whether your home will sell.
7. Don’t work with the same agent who failed you before. Working with the wrong agent can sink your shot at success. The primary issue behind a home failing to sell is often an inadequate agent.
8. Have your agent conduct a comparative market analysis. A comparative market analysis (or CMA) is a study that uses local data from recently sold properties to determine what your property might sell for. CMAs analyze factors like size, location, and condition to determine fair market value. Many sellers don’t realize how important proper pricing is.
9. Don’t overprice your home. Every seller wants to earn top dollar but overpricing is the wrong approach to this goal. Overpricing will often deter buyers from submitting offers at all. The best way to earn a high price for your home is by listing at or slightly below fair market value. Sellers who utilize this technique end up walking away with more money in their pocket.
10. Be patient. If you follow the steps outlined in this list, your home will sell eventually. It’s easy to become frustrated and discouraged when such a significant personal asset is on the line. But don’t let emotion cloud your judgment. Channel your energy into productivity instead. Work closely with your agent on developing a strategy for your home sell and then stick to it. It will all pay off in the end.
Listing a home is no simple task. It takes a lot of hard work and effort to turn your real estate goals into a reality, but the results will be well worth it. It’s time to stop wondering “Why my house isn’t selling?” and start focusing on what you’ll do about it.
If you need to sell a house near Fort Lauderdale, we can help you. We buy houses anywhere in South Florida.
We buy properties like yours from people who need to sell fast.