Wondering why your home isn’t selling? You don’t have to look hard to find articles describing the current real estate market, which has provided fewer buyers amidst a surplus of available homes for sale. Obviously that plays a role in selling today. On the other hand, there are still homes selling, which means there must be a way to make yours stand out amongst the competition and get sold.
What can you do?
Maybe it’s most helpful to look at what you should not do, to examine areas that could be improved upon as you try to sell your property. With that in mind, here are the top three areas where sellers often make mistakes:
1. PRICING TOO HIGH: If you price your home too high, you run the risk of being overlooked, on the market longer, waiting to move on to your new location, while you actually help the lower-priced competition sell. Today more than ever, effective pricing matters. Not sure how to price correctly? Take a look at these articles: The Basics of Pricing Your Home and How to Sell Fast.
2. NOT MARKETING WELL: Even the best pricing won’t matter if no one sees your home. That’s why marketing and advertising is so important! By using Buy Owner, you showcase your home 24/7 to the Internet, today’s #1 audience in real estate!
3. SHOWING IN BAD CONDITION: To sell today, your home needs to be in mint, move-in-ready condition, even when it is priced and marketed well. Focus on cleaning your home until it is immaculate, and declutter! Also, check out our Buy Owner Blog article with 12 tips for staging well.
Selling a home today is not impossible, but it does take work. Price low, market aggressively and show it in mint condition, and you put yourself ahead of the curve with other properties!