If your main objective during your home sale is to get it done as quickly as possible, you may make common mistakes that keep a listing from selling. This can be frustrating, and most of the time its a problem with your strategy. That said, here are a few aspects you may be getting wrong.
The first reason as to why your house could still be lingering on the market is the price. A recent post from House Beautiful shares why the price can be the sole factor whether your house will be sold or not:
The price isn’t right
Your house can be as pretty as they come but if the price it’s listed for isn’t right buyers are going to be instantly turned off. We would always recommend starting with an online valuation to get an idea, and then – and most importantly – getting at least three local estate agents to value your home before deciding on a price.
Estate agent valuations should never be taken as gospel. The agent wants to win your business so it’s perfectly possible that they’ll try to woo you by quoting an inflated price or go in low so they can guarantee a sale and nab their commission. Research is your secret weapon here. Via housebeautiful.com
Many home sellers are inexperienced- they tend to overestimate their home’s value. If you want to have a higher price, it is recommended that you find the perfect price point which is not overpriced but not too cheap either.
The next reason on our list: the house doesn’t show well. Staging your home is critical:
The house doesn’t show well.
Have you ever driven by a For Sale sign and wondered, “That house has been on the market for a long time, I wonder why it isn’t selling”? You might have asked that question because you were worried the same thing would happen when you put your own house on the market!
Sometimes a house is strategically priced for the market but doesn’t show well. It’s difficult for buyers to look past issues, such as clutter, and see the potential. In those cases, prospective buyers who view the property, don’t like what they see, and move on. If you put your house on the market, make sure it looks its best for prospective buyers. h/t myrebroker.com
If you want to sell your home quickly you might as well make it look good.
Lastly, is to get the right real estate agent. Finding an experienced real estate agent makes all the difference, as an inexperienced one might make your problem worse:
Your estate agent isn’t working hard enough
The papers might be full of stories about demand for property outstripping supply, but that doesn’t mean it’s always easy to sell your house.
Get a friend to phone your estate agent pretending to be a potential buyer to see if they mention your property. If they don’t, you should definitely consider switching agents.
If they do, your friend could book a viewing and then gauge how hard – or not – the agent works to sell the property during the viewing itself.
Before deciding to change agents, do check your contract as you may be bound by a tie-in period. read more at which.co.uk
When you’re selling your home in a market you don’t have much knowledge about, then you definitely would benefit from the help of real estate agents. There are so many benefits that you can get from an experience with an agent that it at least entails a call.