Top 5 Reasons Why Your House Is Not Selling

Posted by Nutan Brown on Thursday, December 3rd, 2020 at 2:42pm.

 Are you having trouble selling your house? There’s a good chance you might be doing something wrong. Find out below with our top 5 reasons why your house is not selling.

 

 

Wrong List Price

One of the most common reasons a home does not sell is due to price. No matter what you do in terms of home staging, curb appeal, photography, and marketing, if the home is overpriced it will likely drive buyers away.

Comparing other recently sold homes in your neighbourhood is a great way to get an idea of what your home is worth. Adjust for square footage, upgrades, amenities and any other factor you think might increase or decrease the value of a home.

 

Bad Listing Photos

The majority of homebuyers are browsing online before setting foot in a home. If your listing photos don’t show off how nice your house is chances are you won’t get much interest.

Hiring a professional photographer is the best way to set yourself up for success. They will make sure the photos highlighting your home have proper lighting and show your home in the most appealing way possible.

REALTED: Top 4 Tips When Viewing A Home Virtually

 

Not Properly Staged

While your home may seem perfect to you, potential buyers may not see it that way. It’s important that they are able to envision themselves living in the space, which is why professional home staging is often recommended.

Staging a home can help highlight its best features, minimize the worst, and give prospective homebuyers some inspiration as to how they can use the space. A staged home typically sells faster and for a higher asking price.

RELATED: Should I Stage My Home?

 

Poor Market Conditions

When it comes to selling your home, there are many things outside of your control that may impact the sale such as economic conditions, interest rates, supply and demand, and even the weather. What you can control, however, is when you choose to sell your home.

Typically the spring market tends to be the time of the year with the most activity. But certain circumstances can change that, such as this year with the pandemic which pushed activity into the summer and fall. Staying up to date with current real estate trends is the best way to time the market.

 

Not Working With A Professional

Almost everything on this list could have been avoided by working with an experienced real estate professional! A real estate agent can help with pricing, staging, photos, timing the marketing, and any other unforeseen issues that may arise in the sale of your home.

If you are interested in entering the market, contact me today. I can guide you through the home selling process and help eliminate the stress and anxiety of selling your home.

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