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Real Estate

Top 5 Reasons Why You’re Struggling to Sell Your House

It's really difficult to sell your house if you don't put up the right strategies. And so, we've listed some important tips to help you out.

Have you been struggling to sell your house? Maybe you’re finding it hard to attract buyers, or it’s become next to impossible for you to step past the showing stage. Whatever your issue, it is very important to understand that you’re not alone. Many people throughout the country struggle when it comes to selling their houses, so you don’t have to worry about your property being bewitched with an ancient curse that prevents buyers from giving it a second thought. 

Be that as it may, they might be reading some top real estate blogs to get the tips and have spent ages either trying to find buyers or trying to close the deal to no avail, it is more than likely that you’re doing something wrong. If there were no problem areas within your overall home sale, be it in advertising, staging, pricing or a myriad of other things that sellers typically get wrong, you wouldn’t struggle as much as you most probably are. Because of this, we are going to walk you through our top 5 list of issues that typically make it harder for home owners to find buyers and finalize their sale. 

So, without further ague, let’s get started…

1) Is Your Property too Pricey

The very first mistake that sellers often make when selling their houses is to set an asking price that’s too high, and that’s unrealistic for the home that they’re trying to sell and its present state. Such an error is often quite literally fatal for a home’s sale.

This doesn’t mean that you won’t find a buyer if your asking price is high. If you’ve invested in repairs and upgrades that significantly improve your property’s overall appeal, it’s highly likely that you’ll attract a whole group of people who’ll be interested in making the purchase.

However, if you haven’t invested in any of these types of improvement, then it would be unrealistic to set a price that’s anywhere above market value. Lowering the price would actually be a better option if your home is close to disrepair but you’d still like to get it sold. For these reasons, you should always make sure that your asking price is balanced out with your property’s appeal.

2) Have you made all the Required Repairs?

Unless your home has been recently build, it is more than likely that it will have a few structural issues from years of natural wear and tear. Time sucks like that, and it will take its toll on your property no matter how strong the bones of your home may be, or home premium and durable the material that were used to build it were. Because of this, it is very important to make sure that all repairs are met, and every system is updated (be it plumbing, electrical etc.) before contacting buyers. Failure to do so will likely be the reason why your home is refusing to sell.

3) Do you have Poor Quality Listing Photography

When you first start advertising your property, it is very important to realise that no matter how beautiful your home may be in real life, buyers won’t see this until a much later stage. What people will see, and what will get potential buyers filling your voice mail boxes and knocking at your door, are the images that you take and post. For this reason, having poor quality photos uploaded on your listing is a sure recipe for disaster. This is usually the case for home owners who took photos with their phones and thought that those were good enough.

Sure, there are phones out there nowadays that have cameras fit to rival even the best Casios on the market. However, unless you’re a budding photographer that has significant natural talent, a good quality camera doesn’t automatically translate into beautiful photos. The lighting, the angle and the editing are all things that need to be factored in when taking amazing photos. Because of this, simply loosening your purse strings and hiring a professional photographer to make your adverts pop is a great solution.

4) Are you Telling The Truth about your Property

Most sellers don’t actively lie about their properties when they interact with potential buyers. However, little white lies here and there (such as advertising the nook in the corner of your bedroom as a walk in closet and the cubbyhole at the end of the corridor as a home office) phrased in the correct way are often used to make the property appear more appealing.

Owner of FastPath Home buyers, Jay Schultz who also helps people sell their house in Minneapolis says – “While doing this may not feel as morally challenged as an outright lie, it’s important to realize that buyers aren’t stupid. A buyer will realize when what you say about your property is less than the honest truth”.

So, when they detect deception of any kind, this will send them running for the hills. As such, it is very important to be brutally honest when speaking about your property. Telling your buyer about all the negative aspects of your home and neighbourhood without sugar coating anything, will show them that you’re trust worthy, and this will make it easier for them to work with you.

5) Is your Property too Cluttered?

And last, but not least, the state of your home when buyers come for showings is another common issue that could be making it a whole lot more difficult for you to sell your house. Interiors that have too much going on (no matter how decorative the clutter may be) simply appear small and cramped. And when buyers view your home as a cramped little space, this will reduce its appeal significantly. For this reason, it’s important to make sure that your home is de-cluttered and not overly decorated when prepping for a showing.

Conclusion:

So, there you have it. If you find that some of the problems listed above apply to you, fixing these issues as quickly as possible would be a sure way to ease any struggles that you may be facing with your home sale. Here are some effective ways that might help you to sell your house faster.

Praise Jaravani

Professional Writer and virtual content creator who has studied both local and international real estate markets for many years.

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