On average, most homes sit on the market for about two months, so if your home isn’t selling, it’s probably time to make a change.
Having a home sit on the market for an extended period of time is frustrating, discouraging, and expensive. As a standard when selling a home, the sooner it sells, the higher the sale price. Take a look at these four common reasons why homes don’t sell and see how you can avoid them in your own home.
The Price is Too High
Pricing a house to sell can be tricky. Sellers naturally want their home to sell for as much as possible, but overpricing your home is one of the biggest pitfalls of home selling.
It’s always a good idea to consult a real estate professional when pricing your house and do your research on comparable home sales in the area. Setting the right price on your house will help get that sale in as little time as possible.
The most commonly sold houses are 2-4 bedrooms and around 2,000 square feet. If your home is significantly smaller or larger than that, you might have trouble selling. Other features of a home that might contribute to difficulty in selling include unusual locations, overly upgraded homes, and odd design choices. If your home fits the “unusual” category, it may just take more patience in selling.
Poor Listing Photos
Nearly half of all buyers look at a listing online before going to an open house or seeing the property in person. If the photos on the listing don’t do your home justice, there’s a good chance you’re missing out on attracting a lot of potential buyers.
Consider hiring a professional photographer to come and photograph your home with proper lighting and a wide-angle lens to make the space look bigger. Professional photos can make all the difference in selling a home.
The House Isn’t Staged Properly
If your home is still rocking wall-to-wall green shag carpet from the 70s or old wood paneling on the walls, you’re not likely to attract a lot of buyers. You can bet your competition is putting on a fresh coat of paint, sprucing up the backyard, and updating the old flooring in their homes.
Consult your realtor before undergoing any major renovations prior to selling since you won’t always see your money back. Even if you don’t do any big updating, it’s always a good idea to tidy up, hire some cleaners, and haul away old junk before listing your home.
Local Home Buyers Will Buy Your Home For Cash!
Whether your home has been sitting on the market for months or you haven’t even started the home selling process yet, Local Home Buyers can help. If your property isn’t selling for whatever reason, we’ll buy your home in Huntsville, Alabama, or the surrounding areas in any condition. Call us today to get your all-cash offer!