What to Do If Your House Won’t Sell Right Away

Selling your home can be a complex undertaking. If you’ve put your house on the market, you want it to sell fast. When your house won’t sell right away, that can be frustrating.

If your current strategies aren’t working, it is time to take a fresh look at your plan and adjust it. You can consider the best strategies to get those offers rolling in. Eventually, you’ll be able to find a buyer for homes for sale.

Here is what to do if your house won’t sell right away:

1. Stage Your House

Most realtors agree that staging your home is the number one thing you can do to sell a house quickly and for maximum value. Showings are what allow a buyer to get a feel for the house and envision it as their own. Start by deep cleaning and get a jump start on your packing by decluttering to minimize distractions.

Next, remove all items that are personal, such as pictures. Consider a fresh coat of paint in a pleasing, neutral colour if possible. Some real estate agents even offer staging services worth every penny.

2. Adjust the Price

Everyone wants to make the most money they can from selling their home. But if you have overpriced your house, it can prevent buyers from making an offer. Even in a seller’s market, the price may be the only reason a home doesn’t sell. Many factors go into finding the right price point for a house, such as location, condition, and updates.

If places nearby with similar features are all priced lower than your home, you may have set your price too high. Your realtor will assist you by finding comparable properties and are a great source of expertise in how to price a house most effectively.

3. Consider the Curb Appeal

Prospective buyers may not even make it through the front door if the outside of the home appears run-down or the yard is unkempt. Cut the grass, pressure-wash the siding, and plant some annuals to brighten the gardens.

A new coat of paint on the front door in an attractive colour is always a great idea. Giving your home’s curb appeal a boost is one of the most effective steps to increase your home’s marketability.

4. Pay Attention to Feedback

After every show, ask your agent to get in touch with the buyer’s agent and ask for the buyer’s feedback. Getting this feedback can allow you and your agent to recognize patterns and find problems that you have possibly missed.

You can’t fix a problem if you don’t know about it. Learn from the feedback you receive and make adjustments as necessary. Sometimes, a few minor tweaks are all it takes to attract the following people who come through.

5. Evaluate the Listing and Photos

You’ve done all the work on curb appeal and staging. The listing and photos are the first things a prospective buyer will see. They must be professional to show your house off to its full potential. It is almost always the first thing a prospective buyer will see.

A great real estate agent won’t stop at pictures – these days, most provide video walk-throughs, and some even include aerial drone footage. A well-written listing can make buyers excited to come to see your house.

6. Think About the Timing

If you check the average days on the market in your area and your house has been listed much longer, you may have a timing issue. Have circumstances shifted in the real estate market?

If there has recently been a boom, the market may be flooded, or you’ve listed your house a little too late, and buyers are fatigued. In this circumstance, you’ll want to consider either a price drop or wait to list again at a better time if it is an option.

7. Switch Real Estate Agents

Working with a real estate agent who is an expert in the type of home you sell and your area is essential. While they may mean well, advice from someone with alternative expertise could mean they are giving you sub-par advice.

The first agent you hired may not be the right fit. Communication style and your relationship with them are essential; finding a new agent could be the missing ingredient if it is not working.

8. Consider Renting

If it’s not the right time to sell, you may want to consider renting your home until the market is in better shape. Renting your property may be a solution that allows you to cover the cost of your mortgage, especially if you have already bought another house. If you decide to go this route, a real estate agent can help you find potential renters.

It can certainly be discouraging to see houses selling all around you. If it seems like every buyer is passing you by, talk with and listen to your real estate agent and take action on any problems brought to your attention.

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