Why Isn't My House Selling?

Whether your home has been on the market for a few months or only a few weeks, you may be wondering why your house selling efforts are not producing the results you want. When it’s a buyer’s market, even the slightest slip can cause potential home buyers to give a pass to your house. Here are a few reasons why people aren’t putting in offers for your home.

Overpricing your home is often the number one reason why a house, condo or townhome won’t sell. You may feel your home is worth a million dollars but if the value of similar homes on the market is only a few hundred thousand then you are scaring away buyers before they even take a tour. Talk to your real estate agent and reevaluate the house selling price to make sure it is in-line with the market.

Another thing that could be affecting your house selling chances is the condition of your home. Unless you are advertising the place as a fixer-upper, signs of decay or disrepair will scare away buyers that don’t want to be bothered with making repairs. To improve your chances of selling, invest some money into fixing problems and improving the appearance of your house.

Lastly, your lack of offers may simply be due to having an incompetent agent. Although home sellers hope to get a star real estate agent who knows how to make the sale, this is not always the case. Unfortunately, you may have someone that hasn’t been keeping up with the latest technology in the field. You need to have an Internet-savvy agent working by your side for the best results.

At times selling a house can be a challenge. With the right tools and the right people, however, it is possible to get your home into the hands of eager buyers.