Why Is My House Not Selling? 5 Likely Explanations
You made up your mind and got all excited. Let’s sell the house!
But here’s the thing: it’s been months and there are still no buyers in sight. As the days turned into weeks and the weeks into months, your excitement became worry. Now the worry’s threatening to turn into apathy as the heaviness of defeat and desperation looms over your head.
Why is my house not selling? If you’re wondering that, it means you at least haven’t given up.
Selling a house isn’t easy. In fact, it’s extremely stressful. What’s more, the market can be capricious and it’s not something you can control.
But let’s not focus on the things out of reach. Because there are things you can do to improve your chances of selling your house. And you could be hampering your own chances by making crucial mistakes.
This article will give you five likely explanations your house isn’t selling to help you get on the right track. So read on!
1. You Priced It Too High
It’s probably not what you wanted to hear, but pricing too high is one of the most common mistakes in the case of a house not selling.
In a seller’s market, it can be tempting to ask for a little more. However, this could be the determining factor that puts buyers off.
Consult with your real estate agent to properly assess your house’s worth in the current market. You can also turn toward local investors who buy homes to get an offer on your property.
2. Your Listing Photos Aren’t Good Enough
The vast majority of potential buyers for your house will first see it online. And you know what they say about first impressions.
Your house could be a great catch. But if your pictures don’t properly showcase it, people will be put off before even getting a chance to see it.
Make sure your house is in order and on display, you don’t want clutter on the pictures.
Furthermore, it’s important to get your listing photos taken by a professional photographer. Professional pictures will get you more views online, which means more potential buyers for you.
3. Your Staging Is Subpar
Even if people won’t buy the furniture, staging is very important.
It allows them to picture their own future life in the house. If your house is badly staged, it could make it seem darker and more cluttered than it really is.
Staging is all about showing off your house’s assets. So make sure nothing’s broken or in the way.
The house must come across well to someone who’s seeing it for the first time.
4. Your House Needs Upgrades
Obviously, you don’t want to foot the bill for home improvements that you won’t get to use.
But you need to make sure your house has amenities that compare to the other houses in the same price range.
Even small changes can improve the vibe of your house.
5. You Have a Bad Agent
If you find yourself looking online for tips because you’re not getting any buyers, you’re probably getting bad advice.
As long as your house is priced correctly and well maintained, you should be garnering some interest at least. Make sure to hire an agent that has people skills as well as real estate skills.
Why Is My House Not Selling?
If you’ve been wondering: “Why is my house not selling?” you now have five good leads to help you get out of that conundrum.
Follow the tips outlined in that article and your situation should show noticeable improvements soon. In the meantime, browse our site for even more valuable tips.