You’ve had your house on the market for a while now and there have been no bites. Unfortunately, that’s becoming a pattern, and 24% of homes on the market for 120 days or more had to reduce their prices by over 15.8% last year as a result.
However, a sale taking longer than expected doesn’t have to spell “the end” for you. So, why is my house not selling and what can I do about it? We’re glad you asked!
Why Is My House Not Selling?
There are plenty of reasons why your home won’t sell. Here are the most common examples.
If you put the price too high, people may not even see it. Even if you’re willing to negotiate, buyers usually have filters for maximum listing prices on their home searches.
Conversely, if the price is too low, they may not see it or want to tour it. In their minds, it means something is wrong with the house!
Visuals say everything about your home. It doesn’t matter nearly as much what your listing description says. If your photos don’t tell potential buyers what a home it is, they won’t bother touring it.
Consequently, staging your home properly and taking great photos can go a long way! Also, make sure you use a high-quality camera and lighting for your photos.
Lack of Curb Appeal
If people in the neighborhood see a listing that catches their eye, they typically take a quick drive to go look at the house. You may be missing out on potential sales by not cleaning up the front of your home. Some basic landscaping and cleaning can go a long way!
It Needs Serious Repairs
Most buyers will stay away from homes that need major repairs like new heating systems, electrical, foundation issues, or other serious issues. Paying for these can improve the sellability and sale price greatly, whereas leaving them will deter buyers and potentially make the house ineligible for loans.
How to Sell a House Fast
If you’ve already had the listing up for a while, making adjustments to your staging or listing price will still take time. It can still take up to a couple of months for an interested buyer to tour, offer, inspect, and close on the sale.
Therefore, if you need to get rid of the house as quickly as possible, this isn’t the way to go. Instead, you can always check out a We Buy Houses business that can take your home off your hands as quickly as possible!
Sell Your Home Today
Now that we’ve answered the question “why is my house not selling?”, put our tips to use right away and sell your home today! It doesn’t have to be a long process, so if your house isn’t selling as fast as you’d like, get a cash offer today and keep reading our blog for our latest tips!