If you are wondering why the house won’t sell, it could be a number of reasons. Today, there is a range of trends in the housing market that can change the way you look at your home as an investment. Some of the most current housing trends that may affect the market where you live include affordability, average home sales, mortgage rates, taxes (individual and property), and unpredictability. Regardless of these trends in home selling, there are ways to boost the probability of a sale.
2018 is still said to be one of the best times to have a home on the market. Whether you are buying, selling, or simply making changes in your real estate portfolio, you could be in a better position than you realize. Here are just a few ways to find out the answer to the question “Why isn’t my house selling?”
Reasons why the house won’t sell
There is a long list of reasons for asking “Why isn’t my house selling?” and here are the top 3 reasons why.
- Confidence. In small doses, this is an essential part of selling your home. However, being overly confident can complicate the home selling process. For some, the solution is simple: just be realistic.
Having a realistic set of small goals you can check off of your home selling to-do list is one of the best ways to prevent an overconfident approach to closing the deal on your home. It also may be a way to avoid often overlooked aspects of why the house won’t sell. You can become more personable by addressing signs of overconfidence in your speech, body language, and overall approach to the home selling process.
- Fixes. There are probably hundreds of “little” things around your home that need your attention. As you prepare your home for sale, you may need to make a detailed list of those items inside and around your home that require fixing. These things can include loose shingles or tiles, drainage clogs, wiring, grouting, painting, new carpeting, fixture replacement and more.
Make the list of to-do’s for big and small “fixes” around your home before you try to sell it, and if you notice that you are still asking why isn’t my house selling, it could be a sign that you need to add more fixes to your to-do list.
- The Price. If your home has been on the market and you are starting to wonder why the house won’t sell – check the price tag. There are many things to consider if you want to know how much your home is worth.
First, get a comparative market analysis, check other homes in your area for comparable values and talk to a real estate agent (that you actually like) to answer any questions about mistakes you could be making in selling your home and setting the right price. The details of current home selling trends in your area are always fluctuating, so discussing your pricing strategy is highly recommended.
If you have already put your house on the market and still the sale just isn’t happening – don’t worry. There are many different pieces to the home-selling puzzle. The market is always fluctuating, your home could have unique challenges, or the timing simply isn’t right.
Regardless, these three tips can help you pinpoint where you could be slipping up on your way to closing the deal. Follow these tips and give us a call today because we are happy to answer all of your questions about the house selling process. It will make the difference for your home sale!