What to Do if Your House Isn’t Selling?

If your house has been on the market for too long, it can be frustrating. You may wonder why your house isn’t selling despite all your efforts. Don’t get discouraged. There are quite a few things you can do to fix the situation.

When a house is priced well for its market, it shouldn’t take a long time to sell.The number one thing to do if your house isn’t selling is to discuss it with your agent. You may need to adjust your pricing and your listing.

This post will let you know the reasons why your house isn’t selling and how to fix the problem.

Why Isn’t My House Selling Fast Enough?

It is possible for a house that is still listed to have received offers but never had them finalized. It is even worse if you haven’t had a single offer! You might be doing something wrong.

Here are reasons why your house may still be for sale:

• You’re priced too high. The size of your house is the primary consideration when it comes to pricing. However, it is not the only factor involved. The neighborhood that you are in is the second thing to consider when pricing. A 1500 square foot, three-bedroom house can vary wildly in price depending on where it is. For instance, if it is on the waterfront, it will go for a much higher price than a home that’s not. Anyone looking for a home will run away from your listing if the price is too high. This is a common mistake made when people try to sell their home on their own. They often neglect to do their research. With an expert agent by your side, this is a mistake that can easily be avoided.
  
• The curb appeal is poor. A potential buyer may ignore a home with an unappealing exterior. If the house isn’t presentable, then interest may quickly disappear! You must try your best to keep the outside of your home as neat and attractive as possible. You never know when a prospective buyer will pass by.

• Your listing doesn’t interest anyone. A picture is worth a thousand words! You can use a variety of online platforms to advertise your home to people. These can make it very easy to find buyers. This is why you have to make sure it is as appealing as possible. Make sure the description contains all necessary information. Do your best not to leave anything out. When it comes to the photographs in the listing, make sure they are well-lit and staged.
  
• The house needs too many repairs. Even with an attractive price attached to it, the need for too many repairs can repel people. Having to do a whole set of repairs isn’t worth the time to some buyers, even with a price cut. If the house is outdated, there is a chance that a buyer will have to pay for upgrades down the line. Many prefer not to deal with this uncertainty.

What Can You Do If Your House Just Isn’t Selling?

Even if your house has been on the market for years, trying out the tips below might be the solution that you need! If the offers start coming in, then you’ll know you’ve done something right.

• Adjust your pricing. It is important to take a look at similar homes in the neighborhood and their prices. You may have set a price that drives away buyers before they even take another step. Analyze the neighborhood you are in, as well as prices for homes like yours. If you have an agent already, then discuss with them more competitive pricing to bring in offers.
  
• Get an agent or a new one. An agent is there to make sure that your house gets sold. If you are certain that everything is fine with the home, your agent might be the problem. Experienced agents will price optimally, and have connections that bring offers in days. If you never had an agent from the start, then get one! It’ll make things so much easier for you. You might be shocked at how fast things will move along from there.

• Make sure you stage your home! Many buyers will only see your house once, and that will be through the photos that you put online. You get a single chance to make an impression before they look somewhere else. Make sure that your photographs are clear and well-lit, and you stage the house well! This will involve you cleaning up and moving things around. Staging is about making everything look as good as it can for the pictures. It also applies to people who may walk by the house and for showings too. Try your best to get all this done before you stake in that “For Sale” sign.
  
• Complete major repairs. Though repairs are expected with very low-priced homes, some new buyers don’t want to be saddled with them straight up. Buyers may pass on the house even if they have the money to fix up the home. You can save yourself such stress by making these repairs. They may cost quite a bit the bigger they are, but it’s the big ones that drive people away. The good thing is that the money you spend on repairs doesn’t go to waste. You can recoup it from the sales price. After all, you no longer need to reduce the price you want for your home.
  
• Make needed upgrades. If similar houses in your area have upgraded kitchens, you may need to match them. This will save your home from being at a disadvantage compared to others. A buyer will prefer a modern home to one that looks outdated. This is especially true when there are other homes for sale in your neighborhood.

• If all else fails, rent. If you have had your house up for years, but no one wants to take it off your hands, you can rent it out. This works best if the house is an income property, and not where you actually live. You’ll be able to get passive income with such a method, while still looking for buyers.

It can be frustrating when your house fails to sell despite all your efforts. There are a few things that are common causes of this. Identifying the causes makes it easier to fix. And if you can’t identify a reason, then some of the tips above can help you find a solution.

One of the best things to do is to get yourself a capable real estate agent. Deborah Laemmerhirt, Realtor®, is exactly that. You can be sure that she’ll do her best to get your house off the market in no time.

Call Deborah Laemmerhirt, Realtor®, at 203-994-4297. She’ll get the job done for you!

In case you cannot view this video here, please click the link below to view What To Do if Your House Isn’t Selling? on my YouTube channel: https://www.youtube.com/watch?v=B9HF2TOPMU0