Here are 51 reasons why your home is not selling. If you live in Sayreville, Old Bridge, South River, South Amboy, Spotswood area, just call/text me 732.771.5872 and I'll stop by and give you my suggestions.
Here are the top 3 reasons why your home isn’t selling and the other 48 reasons (and don’t worry, most of them are fixable!).
This is a very common mistake. Today’s house buyers are internet savvy, they know how to play the game and they know what the price should be. You should do your market research before determining a price for your home. Compare your home to others currently on the market. Again, Russ can help you out with this!
How to fix: LOWER THE PRICE. How Much?
A lot of people don’t want to buy a home that needs work.
How to fix: You could have an inspector come in and do a pre-listing inspection. Then fix the problems. It will help you sell your house faster. You can call/text Russ at 732.771.5872 and I’ll
stop by and give you my suggestions.
Location Is Tough To Work With.
How to fix: This is a tough one to fix. If the location isn’t exactly sought-after, be prepared to play the waiting game. It might just take more time to find that perfect buyer (The #1 reason will fix this.)
That first impression matters! If you haven’t done it yet, give Russ a call he will give you
suggestions to switch things around so your house will show better. You might have to move
furniture around. But it is entirely worth it. A staged house will sell faster.
Just putting your house on the market isn’t enough. You need to post your listing in as many
places as possible. 95% of the buyers start searching online. Ask questions regarding where
your house is listed, or just google your address, if your agent isn't doing a good job, it might
prove best to switch agents. What Sets Russ Apart From Other Agents
Homeowners will never smell common odors that throw buyers off like pets, food,
cigarettes, and moisture. Do a smell test, have a friend or Russ come by to make sure you
are good to go.
There are tons of reasons why, like the time of year, if it’s a sellers market, or a buyers
market. Do your research. Ask Russ all it takes is a call. Find the right time for your area and
location.
Look around your neighborhood, If you see a lot of for sale signs, this might be why your
home is not selling, because you are in a buyer's market. The number of houses on sale play
a huge role in whether your house sells or not. Russ can point you in the right direction for this
one.
Here are a few I see a lot of, The inspection report where you don't bother to make the
repairs, you have to get the repairs done. You have lots of offers all lower price but you are
waiting for your price, It will take a lot more time for your house to sell.
Unusual homes take some time to sell because of their location, size, odd shape, age,
or experimental design.
Paint, fix anything that’s broken, clean up your yard, and do a decluttering.
Give Russ a call to help show your home. Or consider hiring a stager. Click here to check
out a video on staging your home
If the buyer drives up to the house and just looks and then drives away, I think you have a
curb appeal problem, Click here to check out this video on curb appeal
98% of the buyers start the home search on the internet so you need great photos of your
house, Compare your photos to other listing photos, if yours don't stand out hire a
professional to re-do your listing photos.
Drive around your neighborhood and compare the houses. Yours should stand out. If not,
think about it. check out this video on a drive through of a neighborhood
This is easy to fix go back to #5, if things look good there, then go to #1, The longer the
house stays on the market buyers will think there is a problem with the house.
This is a biggie. You painted the rooms with bright colors, and have a ton of family pictures.
Remove all the family pictures on the walls, stand back look at the wall to see all the nail
holes and faded paint. Now fill the nail holes and paint the wall, paint walls and rooms with
neutral color or call a painter.
This is a good one, You want to sell your house but don't want to show it. You can't show
on Monday, Wednesday, and Friday, show on Tuesday between 3 and 4, Thursday anytime,
Saturday between 1 and 4, Sunday between 4 and 6, and no lock box, Wonder why it’s not
selling, buyers can't see it!
Yep, now the listing agent must be available at the same time as the buyers and buyers agent.
The house you are looking to buy does not meet your insurance company's
standards for coverage. There are many reasons here are a few, outdated wiring,
plumbing, construction that no longer meets building codes, became run
down over time, hoarding, unsafe, prior loss history, age of home, sewer line,
location, type of roof, trees. Just talk to your insurance agent about your future home.
The Federal Housing Agency (FHA) is particular about what standards a home has
to meet before they mortgage. more info FHA
Regular wear and tear is the normal decline of a property’s condition due to its daily
use. Examples of some normal wear, scuffed wooden floors, wood floors badly
scratched, traffic marks on the carpet, worn kitchen bench top, doors, windows,
chipped, faded, or cracked paint, nail pops, water stains caused by a leaking roof,
cracks on the walls.
From a simple faucet drip to the replacement of the roof, there may be a hundred little things
that need to be fixed on a home. Have a pre-listing inspection done, this can save you a ton
of money. If you have an older home and know you have some defects needing attention, it
might be worth the money. Anytime you can prevent a home inspection from causing your
sale to go down the tubes is a good thing. The home inspection is one of the biggest deal
killers in a real estate transaction but both you and the buyer only have so much time to
close a deal. When a buyer hits a seller with multiple little repair requests, the seller
may feel overwhelmed simply due to the time required to make the repairs.
Click for more info on inspections, Why should I have a home inspection?
You are selling your house what are you waiting for start packing. You should have started
packing before you listed. Why, you would have decluttered the house, more closet space,
it’s June. Do you really need winter clothes in the closet? So get packing, and rent a storage
space for a month or two.
You have just spent 25/30 years in your home lots of happy times and sad times. Now it's
time to move on to a new chapter in your book, look for new happy times.
No, No, No, never stay for showings. It makes the buyers feel uncomfortable, they want to
feel free to talk about the house and its problems with the agent. Just go to the mall for a
walk.
The less furniture you have the rooms look bigger, brighter, and cleaner.
Yes, there are a few times that homes sell from open houses. Open houses are really
unnecessary to sell a home in the digital age 98% of the buyers start the home search on
the internet. Open houses just bring in strangers to your home. Do they have an agent?
how about a pre-approval, maybe they are just checking out your house to rob the next day.
Yes it happens more than you think. But is it worth it? Check out how I do open houses in
the digital age on my YouTube channel and Facebook open house live you decide.
New federal and state rules for open houses, covid-19 deep cleaning,
This is your house and your money on the line. I know everyone has to start new,
it all comes down to the broker and agent. Does the agent have a mentor,
ask about the company training do your research, do you like the agent.
Just driving around the neighborhood is your house the smallest. Maybe a price change is do.
You are talking to the wrong people. Why are you listening to family or friends? Do they
know more than your agent and if your agent is giving you bad advice, get a new agent.
When you list with the wrong agent, you either end up taking less for the home or staying
in it for another six months. Make sure you’re working with a full-time agent who is an expert
in your area.
Ok, I understand this, you hired a family member or friend just to keep the peace in the
family or friendship. Now things are not working out, but you gave them a chance anyway,
now just move on. hire a new full-time agent.
You need a Full Time agent! Your agent has a full-time job. A problem
comes up that needs your attention now, or your attorney needs some answers to a
few questions, can't get any answers till later that night, now everything is put on hold.
Most buyers do have some hesitation when a house is on a busy corner. There’s extra
traffic, additional sidewalks to maintain, and landscaping, mowing a lot of grass and snow
removal and a higher degree of visibility.
Feng Shui is something to think about. Ancient Chinese belief is the way to boost the
energy of your home the way your house is located on a street, situated on a lot, built, or
how the home flows inside the way that you arrange objects affects your success, health,
and happiness. Feng Shui might not be on your to-do list but as a homeowner, you can get
a better bargaining value when selling. For basic tips on Feng Shui just google home
selling Feng Shui this should get you started.
Move out the extra cars, boats, campers parked in the driveway. Rent a garage or private
parking location. It makes the curb appeal stand out. If not the buyers will just move on.
Videos make the sale. Home buyers will look at the photos first, but once they check out the video they will be calling for a showing. Check out Russ’ YouTube channel then you decide.
Rooms that look to big or small this is a easy fix just professionally stage. Check out Home Staging Before and After, part 1, before, before and after home staging, part 2 after,
Years ago it was easy to be an FSBO, (For Sale by Owner) but today not so much. Liability is the big one, any mistakes you make can cost you greatly. Some of the other hot spots are time, cost, saving on commission, marketing, pricing incorrectly, low ballers, paper work, seller disclosure and inspection issues just to mention a few. It’s just to much for the first-time home sellers.
You don't bother to make the repairs.
It’s always smarter to disclose. Be very upfront and very forthcoming. Most of the time buyers are savvy. A seller doesn’t have to disclose if a crime was committed in the home, or if there’s a ghost haunting the house but you can be held liable, the buyer could cancel the contract, and then depending on the situation, the buyer may seek legal counsel. But it’s best not to hide what you know. Anything that can be shared that helps the buyer feel comfortable with the purchase is really positive.
Final Thought:
Now you know why your house is not selling, now fix the problem. Don't make selling your home a hassle more than it has to be. Need help I'm only a call away.
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