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Sep09

What to Do if Your Home Isn’t Selling

You have a perfectly lovely home. You got rid of the clutter, cleaned the house and even hired a professional stager. You also have a competent agent by your side and you’re pretty sure that you took stunning photos of your home and included it in your online listing. But the problem is, your house is still on the market. 

You may be wondering what home sellers are doing in this situation. Here are 3 things you can do to finally get that “for sale” sign out of the yard. 

Fix what needs to be fixed

Some sellers think it’s a waste to spend money on a house that they’ll be moving out of. However, potential buyers aren’t interested in buying a house that requires a long list of repairs. 

Work with your real estate agent and some friends. Ask them to take a good look at your house and point out areas that could turn potential buyers off. This will help you improve the look of your home and appeal to your target market. 

Price appropriately

If your home has been sitting on the market for a few months with very limited showings or offers, you might want to look at the price. Most properties do not sell because they are overpriced.

A house priced at market value piques the interest of buyers; while overpriced properties chases them away. Dropping the price isn’t always a guarantee that the house will sell fast, but if you price it appropriately, there’s a good chance that it will. 

Take a break from the market

Most buyers research for months or even years. If your home has been on the market for months now, then they are going to notice. Some may even think that there is something wrong with the property, making it difficult to sell.

Take your listing off the market, even for a few months, and refresh your advertising. This time, price it appropriately, fix whatever needs to be fixed and re-enter the housing market with a bang. With any luck, you’ll find that a new set of prospective buyers are eyeing your home.