The Real Estate Investor's Magazine
So, you’ve finally decided to sell your house. You prep up the property, do all of the paperwork, get it listed and think that you’re good to go, only to find nobody’s buying your house. Bummer right? Well, you have to back up a bit and think why; is there something wrong with your home? If you’re still clueless as to why your home is not selling, worry not. SellUsHomes has got you covered, and we’re here to help you identify some common reasons why houses just don’t seem to sell.
Undesirable location
You’ve probably heard that location is everything when it comes to real estate. This can be the biggest obstacle in selling your property. The problem is, you cannot just conveniently move your house. If you are close to an airport, busy road, or highway, this might make it harder to sell your home. Even if your potential buyers are attracted to the house itself, they might not want to deal with these issues.
A bad location is basically up to preference. It depends on your target audience whether they’re families with kids or maybe the elderly. So the question is, can this be corrected? Absolutely!
Remember, you’re selling your property, not the neighborhood surrounding it. Focus on things that you have control over. Focus on the positive, and unique features. Intensify your curb appeal and make it stand out from others. Try to be more open to your buyers and offer concessions such as paying a part of the closing costs or credit towards repairs and improvements. Most investors find that reducing the sales price of the house even by just a bit increases the chances of closing the deal.
Outdated and too personal decor
This doesn’t just apply to the decor, this covers the fixtures as well. Think of the most likely buyer. If you’re planning to target a much younger audience, you won’t have any luck with your Tiffany lamps and your avocado green shag carpets. You’re offering a home, not a trip back to the 80’s.
We won’t question you with your interior design choices, but consider what your buyers want. If you do some research on how properties that sell fast look like, you’d find that the majority of them have interiors that are catered towards the current trend. A little touch-up can bump the value of your property much higher than you’d expect. Updating your light fixtures, installing a nice clean kitchen top, or even doing a brand new paint job can benefit you a lot. Keeping the decor neutral, reducing clutter and reducing personal items are very helpful.
Maintenance issues
Obvious neglected maintenance and repairs will ward off potential buyers. Buyers want a stress-free purchase. Not a lot of people will be willing to deal with the hassle of repairing a leaky ceiling or addressing plumbing issues. Address needed repairs before you list your home for sale.
Any health hazards that your house might bring to your buyers is not good as well. Dampness and humidity of the interiors can invite molds to form on your furniture and create condensation on your windows. Buyers who have very minimal immunity to these can cause allergies and even serious health problems. Keep a balanced humidity level by providing good ventilation and check the electrical and plumbing systems.
Checking your utilities, and having them serviced, can add assurance that they are working well, and add confidence to a buyer.
Lack of natural light
Most architectural designs promote the use of natural light. This is a major turn-on for a lot of buyers. Nobody wants to live in a house that resembles a cave. Lighting up the interior can give the illusion that the living space looks larger than it normally does. Plus, people feel better when there is more light and brightness.
If you have the extra cash to install skylights then go for it. However, there are ways to achieve this without little to no expense at all. If you move any furniture that blocks any source of natural light, that would greatly help. You can change the curtains (or remove them) into something with a lighter or transparent material. The introduction or use of glass panels allow light to pass through. Also, opt for a much lighter color scheme for the interiors to compliment any natural light.
Weak broadband service (or lack thereof)
In today’s world, most buyers expect to have a good, stable and strong internet connection. People dedicate most of their time online. Without this amenity in your house, you might be in for longer waiting time.
You don’t necessarily need to have it installed before you place your property for sale. Most telecommunication companies can inform you all about the signal strength and speed of the broadband service. Once your buyers know that it’s possible for the property to have internet connection, you just increased your chances of closing the deal.
Sprucing up your house and making a little effort can be more than enough to increase your chances of a successful sale. However, most sellers find a really hard time in prepping their property before placing it on the market. Don’t be discouraged, because that’s what our team at SellUsHomes is here for.
We realize the difficulties of selling a house can discourage a lot of first-time sellers. That’s why we strive to make the sale as seamless as possible. To learn more, contact us at (734) 224-5947 or email us at info@sellushomes.com
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