Has your home been sitting on the market for months on end without so much as a viewing? Selling your house can often be a challenge, particularly if you’re faced with factors beyond your control, such as a buyer’s market or a fiercely competitive landscape. However, there are also various factors well within your control that may negatively impact your ability to sell. Lawrence Realty Inc. shares three reasons you might be having trouble selling your house that you may not be aware of.
3 Reasons You’re Having Difficulty Selling Your House
1. You Need Better Advertising Photos
Before you can showcase your home to potential buyers, you have to capture their interest. If you’re having difficulty attracting attention, poor photos could be the culprit. To determine whether your photos are driving people away, put yourself in the shoes of a potential buyer and imagine you’re looking at your home for the first time. If your photos are limited, offer poor lighting, or fail to highlight your home’s best features, it’s time to improve them. Work with an established real estate agent to produce professional, high-quality photos that showcase your home’s greatest assets.
2. It Isn’t Priced Fairly
One of the most common reasons for a home to sit on the market for a long stretch of time is its perceived value doesn’t align with your asking price. When listing your home, work with an experienced real estate agent to determine what fair market value is for your home. The price should reflect a number of factors potential buyers will look for, including the location, neighborhood, and school system.
3. It Requires Significant Improvements
If you’re pricing your home as though it’s a turnkey property when in reality it’s a fixer-upper, you’ll have difficulty selling. Homes that need significant work, especially those listed at the top of their price range, are more likely to sit on the market for long periods. If this is the case with your home, either invest time and money in the necessary improvements or talk to your real estate agent about dropping the price to reflect the current state of your property.
If you’re having trouble selling your house, put your trust in Lawrence Realty Inc. With nearly 70 years of experience and a comprehensive knowledge of Red Wing and the surrounding areas, they’ll help you attract the right buyers and receive the return on investment you deserve. For help listing your property for sale, give them a call at (651) 388-4745 or visit their website for more information.