There are many reasons that a home will fail to sell. Price and competition are only two of the factors.
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It’s hard to believe October is nearly over. If your home is currently on the market but hasn’t been getting many offers, that is a problem. When I list homes, my goal is to get them sold as quickly as possible and for the most money possible. However, there are many reasons a home can fail to sell on the market. Here are five issues that might affect your ability to sell your house:
1. Condition. The house needs to be in as good of condition as it can be. Curb appeal is critically important as well. A clean home shows better and gives you a better chance at standing out from the competition.
2. Marketing. You need social media marketing for your home, as well as HD video and photography. Your home needs to look as fantastic as it can online so more buyers will want to see it in person.
3. Showability. Is your home easy to show? You should try and be as flexible as you can when it comes to making your home available for last-minute showings. Each buyer you turn away is a potential offer you can accept.
4. Competition. In Bucks County, higher-end homes are harder to sell and generally stay on the market longer due to a lack of buyers for them. In every price point, you should be looking at your competition and see how your home stacks up against them in terms of size, location, and more.
5. Price. This is the number one thing that causes homes to sit on the market. If you get 10 to 13 showings with positive feedback but no offers, that is a reflection of the market’s reaction to your price. There is certainly nothing wrong with a price adjustment if it means getting your home sold quickly.
If you have any questions or if your home has been on the market for a long time without selling, give me a call or send me an email. I would love to help out in any way I can.
1. Condition. The house needs to be in as good of condition as it can be. Curb appeal is critically important as well. A clean home shows better and gives you a better chance at standing out from the competition.
2. Marketing. You need social media marketing for your home, as well as HD video and photography. Your home needs to look as fantastic as it can online so more buyers will want to see it in person.
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Price is the number one cause.
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3. Showability. Is your home easy to show? You should try and be as flexible as you can when it comes to making your home available for last-minute showings. Each buyer you turn away is a potential offer you can accept.
4. Competition. In Bucks County, higher-end homes are harder to sell and generally stay on the market longer due to a lack of buyers for them. In every price point, you should be looking at your competition and see how your home stacks up against them in terms of size, location, and more.
5. Price. This is the number one thing that causes homes to sit on the market. If you get 10 to 13 showings with positive feedback but no offers, that is a reflection of the market’s reaction to your price. There is certainly nothing wrong with a price adjustment if it means getting your home sold quickly.
If you have any questions or if your home has been on the market for a long time without selling, give me a call or send me an email. I would love to help out in any way I can.
