Why Won't My Property Sell?
Ever driven by a home for sale for an extended period and wondered why no one has bought it yet? You may be worried that your own house won't sell when you go to list it.
There are several common reasons a house becomes hard to sell:
1. Overpricing
The number one reason a house is difficult to sell is an unrealistic asking price. Overpricing a home can scare away potential buyers. It's essential to price your home competitively based on recent comparable sales in the area.
2. Poor Presentation
Your home isn't showing well to buyers. Poor staging, outdated decor, or a lack of curb appeal can make a home unappealing. Decluttering, deep cleaning, and minor cosmetic updates can help your home show its best.
3. Lack of Promotion
Your home may not be getting enough exposure to potential buyers. Proper promotion includes more than just a sign on your front lawn. Websites, digital ads, print ads, and open houses are valuable tools for promoting your home's listing.
4. Location or Condition Issues
Homes in undesirable locations or needing major repairs may struggle to attract buyers. Factors like noisy surroundings, flood risk, or outdated systems can be turnoffs for potential purchasers.
5. You need to give it time
If you researched the home's value, and your were provided a CMA report from your Realtor, the same CMA report will also give you an average days on the market to sell. Sometimes, it just takes time to sell. Use the average days on the market to provide you with a timeline to realistically give to sell the home. If it is well above the days on the market, relook at the numbers 1 to 4 above.
The Brad Sinclair Team has the Iguide system, a great tool for giving buyers a virtual look at your home before they book a showing. We also have a huge database of potential buyers and list our properties on the Toronto Real Estate Board and the Local Real Estate Board for more exposure. We also use digital marketing to get your listing in front of more eyes.
When you work with us, you can count on our team to leverage our extensive resources and expertise to get your property sold quickly and for the best possible price. Contact us today at 705-927-6236 to learn more about how we can take the stress out of selling your property.
If you are looking to either Buy or Sell, contact me at 705-927-6236
Brad Sinclair, Sales Representative
Team Lead at The Brad Sinclair Team
Royal Heritage Realty
Your inside source to cottage country
If you are looking to either Buy or Sell, contact me at 705-927-6236
Brad Sinclair, Sales Representative
Team Lead at The Brad Sinclair Team
Royal Heritage Realty
Your inside source to cottage country
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.