Thursday, October 9, 2014

Why can’t I sell my house?

Selling property is no piece of cake. It takes patience, strategic savvy, and the right conditions to fall into place, among many things.

Take note of these common factors if you’ve been having trouble selling your home:

Pricing
Look to similar homes for sale. Consider their cost compared to yours. You might have put your property on the market for a steeper figure. Price your house according to its type, size, its condition, and its location.

Condition
Fixer-uppers sell for less. Buyers may be put off by repairs they’ll need to attend to. Before you put your house up for sale, see to its repairs and a new coat of paint, if needed. Renovation need not be costly. But it would go a long way if your house is structurally and functionally sound, for starters; as well as pleasing to the eye.

Clutter
Buyers want a home they can envision themselves in. Having too many of your personal belongings will keep them from picturing that home as their own. Clear your house of family photographs, for instance. Move out furniture that make the space seem smaller. Clean all the rooms, freshen up the space with flowers, and let in as much air and natural light as possible. You want your house bright and airy. It shouldn’t look lived in: it should strike your buyers as inviting and comfortable.

Advertising
Little to no interest might be traced to the way you advertise your property. Be sure to take flattering photos of the house and its rooms and features. Provide detailed but succinct information about the property, such as its size, number of bedrooms and bathrooms, and its facilities and various perks. Have a writer or copy editor produce or improve upon a write-up describing the home and its location. Source for the ideal channels online or on print in which to list your property.

Location
The neighborhood is a crucial aspect of every home. Buyers want a pleasant, safe, and secure locale to live in, naturally. If no one seems interested in your home, it might be because the neighborhood itself is less than ideal.

Market saturation
In the end, it may simply be that the real estate market is in a slump. If there’s very little demand, and if there’s an excess of residential units on sale – meaning that there are more people looking to liquidate their real estate rather than investors or homebuyers – then perhaps it’s not the best time, just yet, to sell your home.


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