6 REASONS YOUR HOME WON'T SELL - Keller Williams Legacy Metropolitan

By
Real Estate Agent with Keller Williams Legacy Metropolitan - Baltimore

6 REASONS YOUR HOME WON'T SELL

BY 

Real Estate Agent with Keller Williams Legacy Metropolitan - Baltimore

Are you ready to sell your home and want it to have a great first impression on the market? Or maybe your home has been listed for a few weeks or months, and you can't figure out why it won't sell, and you know your agent is working hard to market it. We've listed below the top 6 reasons your home may not make a good impression and end up stagnant on the market.

 

1. IT'S OVERPRICED

To be clear, an overpriced home is the #1 reason a home won't sell. We often times want our homes to be worth a lot more than we may see based on the data, but if you put your home on the market for the number you wish it will bring instead of the price it actually needs to be, your home can sit on the market for months without getting a single showing. If you're thinking you need to price high to leave room for negotiations, statistics show that views for your property, for buyers in your price range, can drop a whopping 90% if it's priced too high. Discuss with your agent what the market says the value of your home is, then price it competitively to potentially get a bidding frenzy instead of low offers or having it expire.

 

2. LOW SHOWING AVAILABILITY

Making sure the house is clean and having to leave on a daily basis for buyers to tour the home may get a little overwhelming, but it is crucial to have open availability to have your home shown. You could end up missing out on the perfect buyer if you decline too many showings. The longer it sits on the market, the less value buyers will see in it. Talk with your agent about having a 24 hour notice period if the extra time is needed, but make sure your home is available to be shown as often as possible.

 

3. CLUTTERED SPACE

Buyers want to walk into a house and envision their lives in that home. This is difficult to do if your home is cluttered with personal belongings. They are instantly given the feeling of invading someone else's personal space, instead of the satisfaction of being able to see a future in your home. Make sure your property is clutter free before putting it on the market; and store away any family photos.

 

4. UNPLEASANT ODORS

If you smoke or have pets, it's easy to get used to the smell to the point that you don't even notice it anymore. But it's important to understand that the scent can be picked up by new people visiting your home, and it can really turn them off from making an offer. Before a showing, make sure to dispose of any garbage, don't cook fish or other strong smelling food, and ensure the home is freshened up so there are no pet or smoke odors. 

 

5. UNWILLING TO MAKE REPAIRS

Selling your home as-is may sound appealing at first, but being unwilling to make repairs could cost another mortgage payment that far exceeds the cost of repairs if you refuse to work with the buyer on their requests and the home goes back on the market again. It's wise to be open to repair requests, and simply go over with your agent what you can afford to do and make a reasonable counter offer during the repair negotiations. 

 

6. UNWILLING TO NEGOTIATE WITH BUYERS

It's important to have an open mind about requests that will come from buyers when it comes to purchasing your home. These requests can come in the form of price negotiations, repair requests, or even requests to cover closing costs or home warranties. With your agent on your side advising you of the best steps to take, it's best to be open to working with the buyer's on some of their requests to ensure a successful closing.

 

Provided courtesy of Helene Kelbaugh 

Keller Williams Legacy Metropolitan
Hire a professional, positive, and proactive Realtor to help you sell or buy your next home!

Call or text 4434658443 for information on Buyer's Representation Services
(NO COST TO HOME BUYERS)

Each office independently owned and operated.

 

 

 

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Rainmaker
3,976,051
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

These six are a good start to an even larger list most of which ae killers

Apr 15, 2017 06:47 PM #1
Rainer
186,374
Helene Kelbaugh, REALTOR, Internet Marketing Specialist
Keller Williams Legacy Metropolitan - Baltimore - Middle River, MD
Keller Williams Legacy Metropolitan

For sure. There's prob a 1000 reasons or more. I may do a part 2. Thinking about it. :)

Apr 16, 2017 07:38 AM #2
Rainmaker
513,001
Elva Branson-Lee
Solid Source Realty GA - Atlanta, GA
CDPE - Atlanta Real Estate & Short Sale Agent

This is good advice for your home sellers, Helene. 

May 05, 2017 05:37 AM #3
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Rainer
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Helene Kelbaugh, REALTOR, Internet Marketing Specialist

Keller Williams Legacy Metropolitan
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