Advice from a Real Estate Lawyer: Why Isn’t My Home Selling?
If you have your house or condo on the market and aren’t seeing much momentum, there could be several reasons why. Here’s our best advice from a real estate lawyer to answer the question, “why isn’t my home selling?”.
Do you find yourself asking, “Why isn’t my home selling?” The fact is that selling a home isn’t as easy as many believe it is, seeing as prospective buyers want to know what they’re getting before they invest in a new home. However, it isn’t always easy to pinpoint the problem.
So, Why Isn’t My Home Selling?
There are several reasons why the home may not be doing well in the market, but avoiding the following issues could help make the home more appealing to buyers.
The Price Doesn’t Seem Right
Homes frequently attract the most interest in the first two weeks of appearing on the market. People don’t want to spend more than they need to on a home, so if the home is overpriced, people are likely to keep looking. You can more accurately price the home by looking at the prices of homes in the area to see how your price compares.
When looking for the ideal home, people want to see plenty of photos and videos of the property. Insufficient photos is often perceived as the homeowner hiding something. Make sure you have plenty of photos or record a walkthrough video of the home with minimal clutter. There are also ways you can stage the home to make it even more visually appealing.
People Aren’t Allowed to See the Home
Prospective buyers could want to take a look at the home in person at a time that’s most convenient for them. Whether in the morning or later, in the evening, or during the afternoon on a weekday while you’re at work, you should try to make the home readily available for showings if you want to increase your chances of making a sale.
Many families with children tend to look for a home before the school year begins when it’s most convenient and they have time to transition. Subsequently, you may be better off listing the home sometime around April to June. December is the least active month for home sales.
Keeping these deterrents in mind, you can avoid them and increase your chances of selling the home. If you’re looking for an experienced real estate lawyer who will help you with all aspects of buying a home, contact us for more information.
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