Once you’ve made the decision to sell your home and put it on the market, it seems only natural that it’s only a matter of time until it sells. However, the reality is that it isn’t always that simple. Many people list their homes only to find that it remains on the market for weeks and weeks on end!
When this happens, it’s essential to identify why your home is not selling and where you should make changes. If you find yourself asking why your home isn’t currently selling, read on to see some of the most likely reasons why.
One of the most common reasons why homes stay on the market for longer than expected is because they’re priced far too high. If your home is in excellent condition and isn’t in an incredibly remote area, then you can be sure that the reason it isn’t selling is most certainly its price.
When it comes to choosing a price for your home, your best bet is to do your research.
Even though you may be tempted to price your home as high as possible to get the most return on your investment, you will not be doing yourself any favors. Your real estate agent will help you choose a price that will give you the best chances of selling quickly.
Remember, you shouldn’t price it so low that you cut yourself short; however, you shouldn’t price it so high that potential buyers are scared away.
You Haven’t Found The Right Buyer
Not everyone fits the same shoe, particularly if the shoe is unique. If you have a home with particularly unique features, then statistics are not on your side.
If your home is in an uncommon area or has a specific layout that could only appeal to certain kinds of people, then you may have to wait a while to find the perfect person to buy.
If you have a home with unique circumstances then you may find that your home will stay on the market longer. Be patient and trust that your real estate agent will find the right person eventually.
You Need To Stage Your Home
A lot of people fail to realize the importance of staging. Statistics show that staged homes sell much faster than those that are not. A staged home allows a potential buyer to truly envision themselves living there.
When they walk in and see a picture-perfect home that looks like something out of a magazine, they are much less likely to notice flaws.
If your home looks lived in, cluttered, or just plain messy, people are probably going to look at other options.
If your real estate agent knows what they’re doing, your home should have been staged a long time ago. If your home isn’t staged yet, then chances are you probably need a better real estate agent.