It’s been all over the news lately: the real estate market is quickly recovering, prices are increasing and buyers are scrambling to scoop up homes on the market. If you’re having trouble selling your home, you may be wondering, “if it’s a seller’s market, why isn’t my home selling?” Well, it could be because of these reasons:
It’s priced too high.
Even though it’s a seller’s market, that doesn’t mean you can expect your home to sell for a ridiculously high price. Talk to your real estate agent about an appropriate price, and then trust his or her advice. It’s easy to get greedy and want to go higher, but if you don’t want your home to sit on the market for months, then don’t go this route.
The photos aren’t great.
Potential buyers will never want to come see your home if they get a bad impression of it from the photos online. Look at other listings and see if your photos are of the same quality. Pictures should be clear, bright and focused. Photos should not be taken of messy rooms or lawns and instead should show your home in the best possible light. Make sure that the standout features of your home are prominently displayed, like the luxurious Jacuzzi bathtub, newly renovated kitchen and sparkling blue pool.
Your home needs some love.
Have buyers scheduled tours of your home? If you have done a number of open houses or tours and you still are not hearing back from anyone, you should probably take a look around. Are your appliances outdated? Are there repairs that need to be made around the home? Even if the pictures are great, if the buyer is unimpressed when he or she walks through the home, there won’t be an offer submitted. Unless you are selling your home as a fixer upper, you need to invest the time and money necessary to spruce it up and attract more buyers. Consider starting with the kitchen since this is one of the most important rooms for buyers. Invest in sleek, new appliances to replace any that have sat in your home for decades. If you don’t have the money to replace cabinets and countertops, try adding a decorative backsplash that will instantly make the entire room look more expensive.
Your agent does not have his head in the game.
To sell your home, you need an agent who will be dedicated to promoting it to buyers and agents in the community, scheduling listings and being persuasive. If you find that your home is priced correctly, the online photos are incredible and there’s nothing wrong with the interior condition, then your agent could be reason why your home is not selling. Consider switching to another agent in the community who has a good reputation of caring for clients and building relationships with other brokers in the area.
Want more tips that will help you sell your home quickly? Contact our team of real estate experts at Coast 2 Coast Realty who have years of experience listing and selling homes in the Tampa area.