5 REASONS WHY YOUR HOME IS NOT SELLING
YOU’VE HAD YOUR HOME ON THE MARKET FOR MONTHS BUT NO ONE HAS MADE AN OFFER YET.
YOU LOVE YOUR HOUSE BUT WHY DOESN’T SOMEONE ELSE? WE REVEAL THE FIVE REASONS WHY YOUR HOUSE HASN’T YET SOLD.
The house wasn’t priced correctly.
People are emotionally attached to their own houses, especially if they’ve lived in them for a long time. This often leads them to think that their house is worth more than it is. You need to take a step back, look at it unemotionally and get the opinions of independent experts in order to know your property’s true value and set a realistic selling price. You hired the cheapest agent.
The agent who charges the cheapest commission can be the most expensive agent in the long run. Be warned. They don’t always get you the highest possible price and sometimes can’t even close the sale. Securing the right agent gives you a better chance of a sale on auction day, and can often result in your house selling for $50,000 or even $100,000 more than what a cheaper agent could achieve. The house wasn’t presented in the best light.
Believe it or not, not everyone has the same taste as you in furniture or decorating. When you’ve decided to sell your house you need to emotionally move out of the property at that instant – not after the property is sold. We advise sellers to take advice from their agent about what furnishings to use and whether the home needs to be styled. This could be the reason why your house didn’t sell. No one knew it was for sale.
You can’t sell a secret. Many people think that by uploading their property onto a website that offers” for sale by owner” listings that their house will sell. However a lot of these sites have very little traffic. To maximise your chances of selling at the highest possible price, you need to try every marketing tool available online, print, main listing websites, agent’s websites and social media.
You attended all the open for inspections.
Many home owners want to know what the agent does and what the buyers are saying, so they attend every open for inspection and pretend not to be the owner, You are not fooling anyone. Home owners usually stand out. It can really put buyers off as they don’t feel comfortable speaking openly with the agent when the owners are there.