3 Potential Problems That Are Making Your Home Difficult To Sell

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Written By Online Figure

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Potential Problems That Are Making Your Home

The real estate market can be very tricky to predict. Sometimes a home will get snatched up with an offer immediately, or a home can be for sale for several months without anybody showing interest. If your house does not have any interested buyers, it could be from one of these 3 potential problems.

The Market Is Oversaturated:

When there are very few homes on the market, you have more control as a seller. You can take a chance with pricing your home higher, wait for multiple offers, and have a choice over which buyer you go with. When the market is oversaturated with other homes for sale, it can be difficult to price your home competitively and have it stand out from the competition.

By working with a real estate agent, they can help price your home competitively. Agents know the area, are familiar with what other properties are for sale, and what prices homes are selling for. They will carefully analyze these factors to help price your home accordingly if the market is over saturated.

Your Home Looks Outdated:

You want to avoid giving the potential buyer a laundry list of renovations that need to be done. Many buyers are looking for homes that are ready to move in, as they might be intimidated by a large amount of home improvement projects.

Make a quick renovation. You may need to place some of the house items temporarily in storage units near you while renovating. When renovating your home, make sure to focus on your kitchen and bathrooms first. Those are the two areas of the home that need more than a fresh coat of paint, as dated fixtures and appliances can easily make a home feel old and outdated.

Make Your Home Feel Livable:

When a potential buyer comes into your home for the first time, they may see all the flaws that you are simply accustomed to after years of living in the home. Clutter will make it feel like the home is too small for a family to live in, and awkward furniture placement will make it seem like the buyer’s furniture will not fit.

Before showing your home, you will want to make it feel as livable as possible. Declutter, move big pieces of furniture into storage and put away those kitchen appliances that are taking up precious counter space. Hiding these problems will not make them seem as obvious when seen for the first time.

By following these tips and teaming up with a reputable residential real estate agent, your home can stand out from the competition.