It’s been a few months since you put your home on the market. A few weeks of showings here and there, a couple of inquiries, and one or two offers later, yet you STILL haven’t sold your home– and we bet you’re desperate to know WHY!
It can be quite frustrating to find your home still bearing the “For Sale” sign a few months after putting up a listing. And while there can be a hundred reasons why a property isn’t selling, some are more common than others. And these top reasons MAY be why you STILL can’t seem to sell your home.
Check out these nine of the top reasons houses sit on the market.
No matter how highly you think of your home, the truth is, the market dictates how much you get for it, regardless. Interested buyers will be looking for comparable homes in your area to see how yours stacks up, and if you’re asking for a much higher price, the odds are against you. Always remember that most of the time, your home is really only worth what people are willing to pay for it.
Your timing is off
Most of the time, people choose to house-hunt during convenient seasons– spring, summer, and early fall. It’s just the way it is. No one wants to trek from house to house in the snow and freezing temperature, and surely, no one wants to move to a new home in that kind of weather either! Unless, of course, they need to find a home ASAP. Otherwise, many put their searches on hold over the winter. So, if you’re looking to sell your home, consider the season. You can also offer incentives and target buyers on a deadline to help you sell during not-so-ideal months.
The right buyers can’t find your listings
More homebuyers prefer to search for a home online, and if you haven’t listed your house in all the places they’re looking, you could be passing up the opportunity for a successful sale! Make sure your home is listed on all reputable real estate sites, as well as on the multiple listing service (or MLS) used by realtors.
Your photos don’t give it justice
Avoid using less-than-attractive photos when listing your home. Who knows? These photos might even be sending your buyers away! Buyers want to get a good feel for what a home has to offer before arranging to visit it in person, and they can’t do that if you have no photos, few photos, or low-quality photos.
Include plenty of shots of the major areas of your home, as well as the front and back exterior look. You should also use photos that are well-lit, in-focus and show off your home at its best, and highlight any special selling points it might have.
You need to put more work into it
A handful of buyers may be willing to buy a “project” home, but the majority of them won’t, especially if you’re listing it with the same price as houses that DON’T need repairs. Fix everything you can before putting your home on the market. Doing so will ensure that when buyers tour your home, they can focus on the home itself and NOT on how much it will cost them in repairs.
There are some foul odors going on
Give your home that much-needed “smell test!” If there are foul odors in your home, it’s possibly the reason why your home isn’t selling.
A few of the most common odors that can have a buyer running away from a home include cigarette smoke odor, pet odor, food odor, and even odors resulting from moisture such as mold. Have a few unbiased people give your home a smell. If there are unpleasant odors in your home, make sure to address them before putting your home for sale.
You need better curb appeal
If your house doesn’t have an appealing look from the outside, buyers aren’t likely to come inside to see the rest, no matter if your listing shows your home at its best. If you’ve since let the weeds overtake it, buyers will wonder if the inside looks much worse. And let me tell you, it not a pretty thought.
Unswept paths, overgrown lawns, chipping paint, sagging gutters — all of these things signal to buyers that you haven’t maintained your home. It only takes one look before they decide to drive on.
Your location is tough to work with
Location is extremely important to most buyers. If your home is located in an area that’s tough to work with (at or from!), it could be the reason why your home isn’t selling as fast as you want it. Houses in a non-ideal location generally will take longer to sell and do not sell for as much as a similar home situated on a quiet neighborhood street.
You’re smothering your buyers
Let your real estate agent handle things. As much as you may want to see “how things are going” or be around to answer questions or offer insights, it may be misinterpreted as putting pressure on your prospective buyer and can turn out for the worst on your sale. Go out for coffee, see a movie, or do anything that gets you out of the house (and out of buyers’ hair). Doing so will enable your buyer to feel free to voice their real opinions, which can help you identify sticking points you need to work on to make your home more appealing.
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🤔Has your home been on the market for months?🥴 Why isn’t it selling as fast as you want it to?😓❌💲 Here are 9⃣ top reasons WHY!🏠💲
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