5 Reasons Homes Don’t Sell (and How to Address Them)

5 Reasons Homes Don’t Sell (and How to Address Them)

It can be stressful to see your home languish on the market while others in your neighborhood are moving quickly. A home that isn’t selling can cost you time and money, not to mention your sanity.

Here are 5 reasons your home may not be selling, and advice for addressing them.

  1. Pricing
    Of course you want to sell your home for as much as possible. But an overpriced home can turn away even the most eager buyers. On the flipside, if you repeatedly reduce the price, buyers can see it as a sign of your desperation to sell – prompting them to submit even lower offers. Your listing agent can help you come up with a price comparable with other properties in your neighborhood. A professional home appraiser may also be able to help.
  2. Timing
    If possible, hold off on selling until the main buying seasons in the spring and summer. If you must sell during an off-peak time, you can still attract serious buyers – but you'll need patience and ways to sweeten the deal.

To offset bad timing, you might offer incentives such as paying some or all of the buyer's closing costs. To pique interest among real estate agents and brokers, consider offering a selling bonus above the standard commission. Just make sure you stipulate it’s available only if the agent brings a full-price offer to the table or closes the sale on your preferred date.

  1. Location
    If a poor or unsafe location is preventing your home from selling, you may have better luck generating interest among buyers by adding new security measures. Consider installing an alarm system, outdoor lighting and gates or fences.

Additionally, promote any practical and safe features of the location such as the proximity of public services (fire and police stations). Also offer to introduce prospective buyers to neighbors you know. This can provide a sense of community and make them feel welcome.

  1. Condition
    Investors and buyers with home improvement skills look for bargains, so they will typically offer less for a home that needs a new roof, has faulty plumbing or electrical systems, structural problems or that needs a lot of cosmetic work. The more repairs you make before buyers view the home, the more likely you are to receive competitive offers. It’s usually cheaper to do the repairs yourself than to offer allowances in the closing contract.

Another idea is to purchase a home warranty that covers items that break down after the sale. This gesture gives prospective buyers additional peace of mind about the home's condition.

  1. Marketing
    If everything else is lined up and your home still isn’t selling, it could be due to your marketing. Particularly in a crowded market, its import to make an extra effort to get your home noticed.

Buyers usually go online first to search for homes, so make sure your photos represent your house in all its glory. It’s often a good idea to hire a professional photographer. Also be sure the home description doesn’t skimp on listing all the features, amenities and upgrades. This is where a listing agent can come in handy. They’ll be able to use their professional experience to create a marketing plan that makes your home standout.

Remember, when you're ready to start the process of selling your home, help is just a phone call or email away. Nick & Cindy Davis are standing by. To find out more about us please visit www.TampaHomesSold.com

Reason #5 REALTORS® have done it before

Reason #5 REALTORS® have done it before 

 

Reason #5 REALTORS® have done it before

Reason #5 REALTORS® have done it before

 

As we discussed in the 5 Reasons Why You Should Work with a REALTOR® we are going to go more in depth into each of the steps.  This Article will cover Reason #5 REALTORS® have done it beforeTo see the Article visit our website at www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

Reason #4 Benefit from their negotiating experience

Reason #4 Benefit from their negotiating experience

Reason #4 Benefit from their negotiating experience

Reason #4 Benefit from their negotiating experience

 

As we discussed in the 5 Reasons Why You Should Work with a REALTOR® we are going to go more in depth into each of the steps.  This Article will cover Reason #4 Benefit from their negotiating experience. To see the Article visit our website at www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

Reason #3 Find the best property out there

Reason #3 Find the best property out there

 

Reason #3 Find the best property out there

Reason #3 Find the best property out there

As we discussed in the 5 Reasons Why You Should Work with a REALTOR® we are going to go more in depth into each of the steps.  This Article will cover Reason #3 Find the best property out there. To see the Article visit our website at www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

 

Reason #2 Get objective information and opinions

Reason #2 Get objective information and opinions

Reason #2 Get objective information and opinions

Reason #2 Get objective information and opinions


As we discussed in the 5 Reasons Why You Should Work with a REALTOR® we are going to go more in depth into each of the steps.  This Article will cover reason # Reason #2 Get objective information and opinions. To see the Article visit our website at www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

 

Reason #1 you’ll have an expert to guide you through the process

Reason #1 you’ll have an expert to guide you through the process

Reason #1 you’ll have an expert to guide you through the process

Reason #1 you’ll have an expert to guide you through the process

As we discussed in the 5 Reasons Why You Should Work with a REALTOR® we are going to go more in depth into each of the steps.  This Article will cover reason #1 you’ll have an expert to guide you through the process. To see the Article visit our website at www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

5 Reasons Why You Should Work With a REALTOR®

5 Reasons Why You Should Work With a REALTOR®

5 Reasons Why You Should Work With a REALTOR®

5 Reasons Why You Should Work With a REALTOR®

Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics. Here are five reasons why it pays to work with a REALTOR®.  To see the Article visit our website atwww.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

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