Home isn’t selling? Here’s what you need to ask yourself.
If your house has been on the market for over three months, with no buyer in sight, chances are there are questions you to need to ask yourself about your home sale. You need to figure out why it hasn’t sold yet and what you need to do about it.
Reasons why your home isn’t selling #1
How have you marketed your home?
Did you post your home on varying social media outlets like Facebook and Twitter? Did you have pamphlets or booklets of your home created to hand out to potential buyers? Have you been spreading the word that your home is for sale?
You can’t just expect that if you put up a For Sale sign, buyers will come flooding in. You need to be proactive in your home sale and get the word out.
Reasons why your home isn’t selling #2
How much online traffic is your listing getting?
At ComFree.com, you can see how many people clicked on your property on a daily basis and gauge buyer interest based on that number. If buyers aren’t clicking away, perhaps your price range is beyond their means or you’re featuring the wrong picture in an effort to get their attention.
As well, pay attention to your listing description. People don’t want to read a novella about your home, nor do they appreciate typos.
Reasons why your home isn’t selling #3
What’s happening on any comparable homes?
Keep tabs on the similar homes in your area, which have sold and which are still on the market? Which have reduced their price and which ones are currently in a bidding war? If you aren’t getting any viewings and everyone else on the block is, you need to ask yourself why.
Reasons why your home isn’t selling #4
Besides price, why hasn’t your home sold?
If you are priced within your Comparative Market Analysis recommendation, there must be another reason why your home isn’t selling. Walk to the curb and take a good look at your home; is it clean and attractive? Does it look like your home could use some work? That may deter potential homebuyers.
Now step inside and try to look at your home from a buyer’s perspective rather than your own. If you look around and think it’s perfect, then invite a neighbor or brutally honest family member over to walk through the home and tell you what turns them on and off about your place.
Truth is, sometimes you might have a hard time distancing yourself from your home so the next best thing would be to bring in a third party who could walk through your home and give you an honest opinion about what needs improvement.
If you’re ready to buy or sell a home, visit ComFree.com today.