Even in the hottest of real estate markets, sometimes, a house just doesn’t sell. At times, the reasons for this are glaringly obvious while others it is a little less clear. Regardless, if you are ready to move or have another prospective home to go to, it is more than frustrating if you cannot sell your home on the open market.
Here are 5 reasons that may be holding your home back.
1. Is your home properly staged?
A properly staged home is a home that entices many buyers and allows each of these individuals to see their belongings and lifestyle within your home.
Here’s the deal:
When it comes to staging your home, less is more.
Think about decluttering and removing all personal items from each room. Ask your real estate agent for staging help. You may be surprised how quick your Brea home moves from for sale to sold!
Keep reading because later in this post I will tell you what to look for in a real estate agent and why the right real estate agent is so important when it comes to the sale of your home.
2. Do the photos of your home do your house justice?
Your online profile is the first place any potential buyer will see your home. All they will be going off are the photos of your home.
It is SO important that these photos highlight and show your home in the best possible light. You may want to consider using a professional photographer who will help you capture the proper essence of each room.
Other common problems with home photos include:
- Not having enough photos.
- Having too many photos.
- Having the rooms look dark or pixelated – not giving the buyer a full look at some of the rooms.
Have a look at your home’s online profile and pay attention to both the quality and quantity of your photos. This may be what is holding you back.
3. Are you overpriced?
Everyone wants to get full market value for their home and in the best-case scenario get over market price. Unfortunately, that is not always the case.
Some of the common pitfalls that occur when it comes to pricing your house include:
- Trying to recoup the cost of renovations.
- Trying to cash in on a hot real estate market.
One quick way to see if you have overpriced your home is to drop your asking price by 5% and see if this generates any renewed interest. Remember, you can always negotiate and a price reduction may generate a bidding war among potential buyers.
4. Are you being flexible enough?
If you want to sell your home, you must be flexible with your schedule. You may need to vacate the house at the drop of a hat and keep your home clean for that possible evening showing as well as the multiple open houses that you may need to sell your home.
The more flexible your schedule is, the better chance you have of selling your home.
5. Do you have the right real estate agent?
There may be no other more crucial factor than having the right real estate agent working with you to sell your home.
The right real estate agent is someone who:
- Is experienced and committed to selling your home.
- Has knowledge of the area, neighborhood and city.
- Is professional and friendly.
- Can network and has a great track record of selling homes.
For more tips on buying and selling real estate, and all things Brea, visit breahouses.com.