I get asked all the time, why has this home been on the market so long?
Well I have a few answers for you to consider.
1) Pricing. Yes pricing is the #1 reason a house does not sell quickly. If you home is sitting on the market while your neighbors house sold, then maybe your home is not worth as much as you think it is. Real Estate agents press the issue of pricing wisely, but you the seller have the final decision. So consider what the real estate agent is telling you the value of the home is. If it's not what you want, then maybe now is not the right time for you to sell.
2) Dated and or tacky decor. Yes that bright red wall in your bedroom is not what everyone is looking for. Especially not that flowered wall paper in that bathroom. Consider your decor when listing your home on the market. Does it need updating? Will the new owners just love that orange wall in the kitchen? Remember what you like someone else wants to paint over or remove. This can and will affect the offer amount.
3) Condition. The condition of the property makes a huge difference is getting showings and offers. If you have been putting off some minor repairs because "you'll do it tomorrow or next weekend." Well if your house is now for sale then tomorrow is today and you can't wait till the weekend any longer.
4) Bad Location. Is your home located near a power plant? Near high voltage wires? How far is the highway from your home? Do you hear street traffic at night cause you live on a main street? All these things and more about location will affect how long you home is on the market before it sells.
5) Bad Design. Is your floor plan a bit choppy? Do you have areas that are to small to turn into usable space? The floor plan can be overcome, but it will have a lot to do with pricing. Be prepared to entertain lower offers.
6) Fancy home among humble home. Yes it is true that you can over build a neighborhood. Did you build a fancy home with lots of space? Is your neighboring home less square footage? Even though it seemed like a good idea to build that huge fancy home but now that your trying to sell it looks out of place in the neighborhood. Although it will sell it will just take some time. So be prepared to be patient.
7) Frighting photos. I can't stress this enough. If you have listed your home for sale. Please make an appointment with the real estate agent to come back and take interior photos. Give your self a chance to clean the place up. Pretend the Queen is coming for a visit and clean like you never cleaned before. The listing photos are the One and only first impression a buyer will have to decide if they want to purchase your home. Since most buyers purchase a home based solely on the listing photos and never tour the home prior to purchasing it. Photos are essential!
Well I have a few answers for you to consider.
1) Pricing. Yes pricing is the #1 reason a house does not sell quickly. If you home is sitting on the market while your neighbors house sold, then maybe your home is not worth as much as you think it is. Real Estate agents press the issue of pricing wisely, but you the seller have the final decision. So consider what the real estate agent is telling you the value of the home is. If it's not what you want, then maybe now is not the right time for you to sell.
2) Dated and or tacky decor. Yes that bright red wall in your bedroom is not what everyone is looking for. Especially not that flowered wall paper in that bathroom. Consider your decor when listing your home on the market. Does it need updating? Will the new owners just love that orange wall in the kitchen? Remember what you like someone else wants to paint over or remove. This can and will affect the offer amount.
3) Condition. The condition of the property makes a huge difference is getting showings and offers. If you have been putting off some minor repairs because "you'll do it tomorrow or next weekend." Well if your house is now for sale then tomorrow is today and you can't wait till the weekend any longer.
4) Bad Location. Is your home located near a power plant? Near high voltage wires? How far is the highway from your home? Do you hear street traffic at night cause you live on a main street? All these things and more about location will affect how long you home is on the market before it sells.
5) Bad Design. Is your floor plan a bit choppy? Do you have areas that are to small to turn into usable space? The floor plan can be overcome, but it will have a lot to do with pricing. Be prepared to entertain lower offers.
6) Fancy home among humble home. Yes it is true that you can over build a neighborhood. Did you build a fancy home with lots of space? Is your neighboring home less square footage? Even though it seemed like a good idea to build that huge fancy home but now that your trying to sell it looks out of place in the neighborhood. Although it will sell it will just take some time. So be prepared to be patient.
7) Frighting photos. I can't stress this enough. If you have listed your home for sale. Please make an appointment with the real estate agent to come back and take interior photos. Give your self a chance to clean the place up. Pretend the Queen is coming for a visit and clean like you never cleaned before. The listing photos are the One and only first impression a buyer will have to decide if they want to purchase your home. Since most buyers purchase a home based solely on the listing photos and never tour the home prior to purchasing it. Photos are essential!