Nothing is more disappointing to a homeowner than when their property sits on the market without receiving any offer. This can be a worrying situation. However, worrying too much is not going to fix a thing. Rather, it is all about finding the solution to that problem.
The solution is to identify the cause of your home sitting on the market for so long. Is there anything wrong with the home? Is it something you have done, or haven’t done that is affecting the home on the market? You should be worrying about how to fix all this and dig deeper to learn the real reason for the home sitting on the market for so long. To help you crack the code, here are some reasons that could prevent your home from selling.
The listing photos are not appealing
Most of the potential home buyers will go through the listing pictures of the home before they can decide to view the house physically. That is why photography is a vital aspect that enhances the first impression of the home. You might find it helpful to hire a professional photographer. Ideally, go for a real estate photographer, who will have an idea of the best photos to take. Improving the online presence via the photos will make the buyer want to pay a physical visit to your home.
A problem with the home touch-ups
Your home might look nice, and all appealing, but have you noticed the extremely classic-themed kitchen? What about the cracks in the driveway? These are some of the things that might seem minor, but they will chase away the potential buyers. Carry out all the appropriate renovations around the house, and get all the necessary help from a professional to make the entire process easy. You can spend less than $700 for an average home renovation, which is an investment worth trying.
The home is extremely personal
It is okay to customize your home according to your preference. Some people paint their bedrooms black, others paint their porches pink, among other customizations. All these are great for you and your comfort, but what about the buyer? If possible, use neutral paints and other customizations to make the home default enough for anyone to purchase it. If the home is too you, it could be a reason for it staying on the market for long without receiving any offer.
The price is too high
Everyone wants to make a profit whenever they put their home on the market. However, some tend to be too greedy, and they overprice their home. When the price is too high, buyers will try to avoid your property like a plague. Even if you want to profit from your home sale, you still need to be reasonable and friendly enough with your pricing.
You are too nosy during inspections
Before any home can be officially placed on the market or sold to a potential buyer, it must undergo proper inspection by a professional. During the inspection, the buyer will be taken round to be sure that everything is in shape. To some home owners, they stick around during the inspection, walking from one room to another with the agent and the buyer. It might be an innocent gesture, but it could also be a wrong impression to the buyer. Any seller should allow the buyer to speak freely with the agent. If you can, let the agent handle your property, and you will be updated whenever.
Hiring the wrong real estate agent
It could be that you did not hire the perfect real estate agent, or you didn’t hire any at all. While some try to avoid this fact, the real estate agent has enough experience and skills in the field. For that, they will help you make the right choices as you intend to sell the home. The real estate agent can also assist you in placing the right price that will benefit you and not scares away the buyers.
Also, hiring the wrong agent can lead you to more trouble. Some are only after the homeowner’s money, so you might not end up selling your home as you expected. For that, ensure that you do your homework and find a reputable and reliable real estate agent.
These are some of the factors that might be affecting your home listing on the market. Ensure that each of them is checked and that you get the necessary help from a professional real estate agent. With that observed, you can be confident in selling your home without much difficulty.
“Alex Saenger and the Saenger Group are Top 1% Maryland Real Estate Agents serving the Washington DC Metro area. We are licensed Realtors based in Rockville, MD at Keller Williams Capital Properties.”
