Can't Sell Your Home in a Seller's Market?
It’s no secret that most of the country is experiencing a strong seller’s market. With more homebuyers than inventory, most sellers have been delighted to sell quickly and often with multiple offers. Yet, some homes are still sitting on the market and these sellers may be wondering why.
Photo by Jalen Hueser on Unsplash
Here are 7 reasons why your home listing is not selling:
Overconfidence–While many homes are being snapped up on day one, this does not mean you can avoid the basics of good marketing, professional photos, and open houses.
All of our agents at AF Realty strive to bring you the best possible experience when selling your home. We will go the extra mile to make sure that your home has it’s “best foot forward.”
Overpriced–In a seller’s market, home prices do advance, but a dramatically overpriced home will still sit unnoticed.
We will make sure that your home is priced competitively based on current market factors.
Appearance–With low inventory, home buyers will compromise on some issues, but properties in need of major TLC or extensive deferred maintenance will not hold mass appeal.
Our agents will guide you in steps to take to improve the appearance of your home, if issues are present. Follow our social media accounts for weekly tips on all aspects of the real estate market.
Title Problems–Title issues are more common than you think. Old judgments or messy probate can take time to resolve and in a fast-paced market, buyers will often just move on.
Bad Smell–Smelly homes, particularly from pets or problems like mold, simply do not sell. A buyer, no matter how urgent they need to buy a home, does not want to inherit problems, or smells, from the previous owner. Fortunately, there are professional options that can eliminate most odors.
AF Realty agents will be able to refer you to cleaning or other services that may assist you in this area.
LazyAgent–The hard truth is that in a seller’s market, some agents just get lazy, assuming the home will sell without much effort. Your agent should still be doing all the right things – open houses, listing pictures, follow-up, and personal showings.
Who you put your trust in during the selling process truly matters. You want a real estate expert that is personalized to your specific needs and will work to serve you.
A seller’s market is exciting for homeowners ready to move. If your listing is just sitting without much activity, it is time to take a hard look at what you’re doing wrong and make changes.
Photo by Gabrielle Henderson on Unsplash
Contact one of our Realtors at AF Realty and we would be happy to give you professional insight and advice on selling your home.