Top 5 Reasons Your Home Isn't Selling
There’s nothing worse that having a stale listing that’s been on the market for weeks on end. Here’s the top 5 reasons why homes don’t sell and how to avoid making those mistakes.
1) It’s Over Priced
This is the number one reason why homes sit on the market longer than average. When setting your purchase price take into account recent comparable sales in your area as well as any changes in the market overall.
2) Your Home Doesn’t Show Well
It is important to make a great first impression to potential buyers. Make sure your house is clean, clutter free, depersonalize and void of any strong scents or smells .
3) Your Photos Aren’t High Quality
The listing photos are your first chance to make a great impression to potential buyers. It is important that you hire a professional that can showcase your home in the best possible way.
4) Your Marketing Needs a Makeover
There's more to selling a house than putting some photos up on MLS. You should have a marketing plan that includes several different types of media
5) There’s Been a Market Shift
The real estate market can change quite rapidly. Many factors including the timing of your listing, policy changes or interest rate announcements all have an impact on the market. Make sure to hire a professional who can give you the best advice on when your listing should go live.
Thinking of selling? I’d love to help! Contact me at jessica@oaknco.ca