Why Some Homes Aren’t Selling in a Seller’s Market
Just because we are in a seller’s market doesn’t guarantee your house will sell right away, and every day that your home doesn’t sell means it will most likely sell for less. If you want to get the most money for your home, you want to sell your house fast. But to sell your house fast, you need to make sure you are making the right choices when you list your home. If your house isn’t selling, listen to your real estate agent’s advice and be ready to make any necessary adjustments.
Your Price is Too High
Price is one of the main reasons homes don’t sell fast, even in a seller’s market. Buyers will pay attention to pricing in their target location. If your home is overpriced for the market, buyers will steer clear. The market can fluctuate daily, and it could be that you missed the market peak and priced based on the wrong market value, or you may be pricing based on your emotional attachment to the home, and not the actual value. Pricing can be more difficult than most sellers realize, and you need to have the help of a strong real estate agent to find the best price. If your home hasn’t been getting the traction you are hoping for, talk to your agent, and take a hard look at your asking price.
You Are Marketing to the Wrong Buyers
Marketing is one of the most important factors in how to sell your home fast. Your marketing needs to target the right buyers for your home. Buyers often find their house online first before sending it to their agent to arrange a showing, so you want to ensure your listing is focused on the buyers. If you have an unconventional home, this becomes even more important. To sell your home fast, appeal to the buyers who are the right fit.
Your Home Doesn’t Have Great Curb Appeal or Staging
While in some cases you may have a specific problem to fix, in other cases it may be a myriad of small issues, starting with your curb appeal. If your home isn’t giving off the right first impression, you will turn buyers off before they even walk in the door. A well-landscaped, well-maintained exterior will give buyers the right first impression. In addition to curb appeal, investing in staging will help your buyers picture themselves living in your home. A cluttered or dark interior doesn’t allow buyers to see potential. Having your home staged can help address some of these issues and you’ll have a better chance to sell your home fast.
You Aren’t Working with the Right Agent
An inexperienced agent can tank your home sale, but a good agent can help sell your home fast. Instead of going with your friend’s brother-in-law or attempting to sell your home yourself, find a local agent you can work well with who has a plan and a history of quick, successful home sales. A good agent will help you get excellent pictures of your home, create a marketing strategy that fits with a well written listing, and help you price your home right.
If you want to sell your home fast, take a good look at what you have done to make your home desirable to buyers. Price your home right, spruce up your curb appeal, declutter, and market to the right buyers. If your current plan isn’t working, look at where you might be falling short and take the right steps to get your house sold. If you’re in the process of selling your home or you’d like to put your home on the market, contact Amberwood Real Estate today.