Why Your Property isn't Selling

If your home has been on the market for some time, and buyers are just not interested, there could be some significant reasons why. Here are a few things to consider:

If your home has been on the market for some time, and buyers are just not interested, there could be some significant reasons why. Here are a few things to consider:

Poor condition

This is the most obvious reason. It may be that you don't see the point in fixing up your home, as you plan to move on, so feel it's not worth bothering with. But, put yourself in the buyer's shoes and ask yourself if you would be interested in buying your property, at the price you are asking, in the condition it is in. If the answer is no, then either need to drop the price enough to encourage buyers to overlook the condition, or you need to make some changes.

Firstly, make sure your property is clean and tidy. A dirty home is off-putting and potential buyers will be focusing on how untidy your home is, rather than the house itself. If you have some very unsightly problems such as peeling wallpaper and chipped paintwork, it's worth investing in redoing, to make your home more attractive and presentable. Make sure there are no bad smells, or unkempt rooms, particularly the bathroom and kitchen. If the garden looks like it is used as a dumping ground, then clean it up, clean the guttering, and wash the windows.

Presentation of your home is important in making a sale, so spend some time sorting this out. If you don't wish to carry out the work yourself, contract someone to do it for you. It will be more expensive than doing it yourself of course, but in the end it will make your property much more saleable, which is the goal. If you still do not wish carry out any work on the property, then drop the asking price. If buyers are aware you have dropped the price to reflect the condition it is in and the work that will be needed to fix up, they are more likely to be ok with taking on the work required.

Marketing

If your home is in good condition, but you are just not getting enough potential buyers through the door, It may be down to a lack of marketing.  Poor advertising will mean your property will be overlooked. Check too that your property is listed correctly otherwise it will not be noticed. Use good photographs to catch potential buyer's eyes. A well-presented photo should intrigue the buyer enough to want to see more.

If you are using an agent, make sure they are doing their job in promoting your properties well enough, if not, find a new one. A professional experienced selling agent is crucial for selling your property quickly, so choose well and find out how he intends to go about promoting your property.

Lastly, when you do finally sell your home, and are moving onto a new property, take a look at the various remortgaging options, as you may find a better deal. Look into the best mortgage refinance options out there, and compare what the best mortgage loans available are, and what your best refinance mortgage rate is.

Are you refinancing primarily to lower your rate and monthly payments? Click here to solve all your refinancing queries from the best mortgage refinance company in New Jersey. Also, check out refinance mortgage rate.

License: You have permission to republish this article in any format, even commercially, but you must keep all links intact. Attribution required.
Loans |
Related