3 Reasons Your House May Not Be Selling And What To Do About It

If your home has been sitting on the market for longer than expected, you’re probably wondering why it isn’t selling. Whether you’re trying to upgrade, downsize, or relocate, having a property that isn’t attracting offers can be frustrating. The good news is that there are several common reasons homes fail to sell, many of which can be addressed with a few adjustments.

In this blog post, we’ll explore three common 3 reasons your house may not be selling and how to fix them. Understanding these key issues can help you get your property sold !

1. Lack of Professional Photography

First impressions matter, especially if you are trying to sell your house in the current buyer’s market. These days the vast majority of prospective homebuyers begin their search online. That means your home’s presentation and listing photos play a crucial role in whether or not they’ll want to schedule a showing. Low-quality or poorly lit, cluttered photos can deter buyers, as it can give them a bad impression. Remember, you never get a second chance to make a good first impression, so make sure it counts!

Solution:
If you are selling For Sale by Owner, invest in professional photography and high-quality listing materials. If you have hired an agent, make sure their marketing includes professional photos and presentation. A professional photographer can capture your home in its best light, showcasing key features like spacious rooms, natural light, unique design elements and the surrounding area.

2. Your Agent

Choosing a good agent is extremely important. They are one of the most important ingredients of a successful home sale. Many people choose a friend or relative for the simple reason that they know them, but that doesn’t always make them the best choice. Listing agents that are inexperienced, unprofessional, unresponsive and non-communicative, unfortunately, are more common than not. In the end, this lack of professionalism, experience and communication hurts your listing and can hurt your bottom line. You are selling one of your most important assets, so ask yourself do I want my cousin Vinny selling my house or one of the best agents around?

Solution:
Take the time to vet an agent or several agents and interview them before making a choice. Make sure that their knowledge and skill set are up to the task at hand.

For more information on what to look for in an agent read :
8 Qualities Of An Exceptional Real Estate Agent

3. Overpricing Your Property

One of the most common reasons homes don’t sell is that they are priced too high. While it’s natural to want to get the most money for your home, overpricing can have the opposite effect. Buyers may wonder why it seems overpriced compared to similar homes in the area. It may even discourage them from scheduling a showing. It also may also be helping other homeowners sell their home quicker.

Solution:
This can be avoided by making sure that your home is priced competitively according to current market conditions. If you are working with an agent, hopefully they are a local market expert. If not, you may want to consider using one that is a local market expert. Agents prepare Comparative Market Analysis (CMA) for homeowners as a courtesy. Ask them to help you review current market values and trends. You can also have a formal appraisal done to get an unbiased assessment.

When you revise your listing price remember that the values used to determine a price are past values. Consider market trends and price ahead of the market. A price that is in tune with market conditions can attract more buyers and generate more offers. It may mean adjusting your expectations slightly. If you are hesitant about a price adjustment ask yourself “would I rather adjust my expectations and sell or stay married to the price and not sell” ?

Conclusion: Getting Your Home Sold

Selling a home can be a complicated process, but addressing these common issues can help you sell. By ensuring your house is presented in the best light, that you have a seasoned agent on your side and that it is priced properly you can increase the chances of a sale sooner rather than later.

Keywords: house not selling, overpricing your home, professional photos, real estate agent, home selling tips.