If you have listed your home for sale and you are just surprised that it hasn’t manage to actually sell yet then this means that it is time for you to make some big changes. This is especially the case if your home has been on the market for over a month. Studies have shown that your home is going to sell for the highest amount during this time period, so it really is a crucial time period. Buyers in this day and age are also very, very savvy. They know that if a house has been on the market for a longer period of time, that there is probably something wrong with it. For this reason, you need to do whatever you can to sell your home quickly, so that your buyers don’t get turned off your home before they’ve even had chance to see it.
Here are Some of the Many Reasons why your Home Might not be Selling
Your Price Is Too High
Pricing a house far too high is a very common mistake. There are various ways for you to determine the fair market value of your home, and if you can, you should always use data. This will usually come from other homes that have sold in your local area. This will help you to build the right pricing strategy and it will also give you the chance to determine whether or not your asking price is too high. Another way for you to get the right idea about your home’s value would be for you to listen to some of the feedback that you have gotten at open houses and even showings. Browsing local listings can sometimes be a great help. If you know that your home is priced much higher when compared to other properties in the area then your problem most likely lies with the price.
Your Home Doesn't Fit The Mold
Believe it or not, the 30-day rule doesn’t apply to absolutely everyone. Some properties have features that make it much more difficult to try and find the right buyer overall. It may be that you have an unusual home, and therefore you need to change your marketing strategy. This will help your buyer to see themselves in your space and it will also give you the chance to really capitalise on the amount of profit you can get. Selling an unusual home may mean that you have to list the property in places other than real estate sites.
Your Staging Is Bad
This may sound strange but staging really does matter. It may be that your property is not presented as well as it could be and that you need to put extra effort into making it really shine. It may be worth hiring a staging service or an interior design service. When you do, you can then count on them to give your home the makeover it needs. Of course, if you need something that will better your home right now then you might want to try a new lick of paint or even trying to re-wallpaper some of your plainer walls.