If you have had your home on the market for several months and haven’t seen much activity or any offers, chances are that one or more of the reasons below are to blame.Problem: Your price is too high
Solution: Regardless of the reason, if you’ve priced your home too high, you’ve set yourself up for a number of obstacles to selling your home. The fact is this: your home is competing against those other homes, and what buyers are willing to pay is what will determine final sale price. Competitive pricing attracts more buyers and more offers. Problem: The look of your home
Solution: The more you can do to make your home appeal to buyers, the better your chances for a quick sale. Your best “bang for the buck” is in paint and flooring. Repainting doesn’t cost much, and will usually make the biggest impact on buyers. And, you should consider putting in new carpet. Again, it’s not that expensive but it sure does make an impact on buyers coming to look at your home. Problem: Your home’s location
Solution: The only really reliable way to overcome a bad location is with a lower price. It’s the oldest real estate cliché, but it’s true. Things like schools, crime rates, visual appeal of the neighborhood, noise and the smell of pollution affect how the desirability of the location. Problem: Your home isn’t easily accessible
Solution: When an agent is compiling a list of homes to show a buyer, they’ll show houses that are easiest to gain access to first. You should let your agent put a lock box on your home for easier showing. If not, do anything you can to make it convenient for agents to show your home. Problem: You have an agent nobody likes
Solution: Sounds almost cruel or maybe even petty, but it’s very true. If your listing agent isn’t liked or respected by other agents in your area, it could slow down the sale of your home. Make sure you’ve got a helpful, well-connected agent to market and sell your home. What this all comes down to is having a real estate agent who is on your side and helps you make good choices about selling your home. Pick someone with great industry relationships that makes you feel confident and comfortable with selling your home. If you or someone you know needs a real estate agent, just give us a call or shoot us an e-mail.