The decision to place your home on the market stems from many factors. Once it is out there though it is a waiting game to see what happens. It can be frustrating though when it isn’t selling. As the days turn into weeks and then months you may be hoping against all odds that it will sell. If you aren’t getting serious parties after about the first 30 to 60 days then something isn’t right and you need to make changes. Don’t just continue to wait around and hope it improves on its own.
Instead of just waiting around though you need to explore what is going on. There can be a number of factors preventing your home from selling. Some of them you won’t have any control over but others you will. Changing the things that you can will increase the chances of your home selling soon.
First, take a look at the market. Find out how many homes out there in your price range and with your size are on the market. If there are lots of them you need to find a way to make yours stand out. You may even offer to help with the closing costs or other benefits that buyers will really be enticed to check out.
Compare the price of your home to others out there. Are you asking too much for it due to what you owe or due to your sentimental attachment to the place? By dropping the price closer to those other homes you can get back into the running. You may not be happy about losing a few thousand dollars on the sell. Yet you may end up paying more than that if your home stays on the market and you have to pay the mortgage month after month while you wait for a buyer.
Does your home need repairs either inside or out? These are indicators that can turn potential buyers away. Taking the time to clean up your home, paint it, and to take care of problems will help people to see it differently. You need your home to appear very inviting when someone comes to look at it.
Take a good look at the inside of it too. Does it seem too cluttered when people come to see it? If you aren’t getting anyone interested in it then you need to view the advertising and promoting that is connected to it.
Consider how you are advertising your home for sale too. If you are doing it on you own it may be time to get a real estate agency on board with you. The cost for their fees isn’t as much as you might think. They likely have plenty of people looking for homes so they can match you up with people interested in what you have to offer.
If you are already working with a real estate agent ask them to kick it up a notch. Make sure they have photos online and ask about being part of an open house weekend. That can get you a great deal of traffic coming in to see your home on a given day. Consider asking people that do come to your home why they didn’t make an offer. Their feedback can help you to get it sold.
Try to stay positive as you are making changes to the listing for you home. It may take just one change for you to get a buyer in place. It may take a combination of reducing the price and making some repairs. Do what it takes so that you can get your home sold and move on to your next endeavor.
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