• Resources
  • Privacy Policy
Prime TitlePrime TitlePrime TitlePrime Title
  • Services
    • Home Buyers
    • Home Sellers
    • Real Estate Agents
    • Lenders
    • Builders & Contractors
    • Commercial
  • Team
  • Blog
  • Contact
  • 337.235.0047

4 Reasons Your Home Is NOT Selling

NextPrevious

4 Reasons Your Home Is NOT Selling

By Paul Gardner | Industry Topics | Comments are Closed | 9 September, 2018 | 0

What is a home seller’s worst nightmare?

Not being able to sell their home.

Though you have been told time and again that selling your home will take time, you may find it difficult to fight the feeling of panic if your home is sitting there, unsold, month after month.

If you find yourself with a home that isn’t selling, take a deep breath, take a step back and assess your situation. Here are a few of the most common reasons for why your home isn’t selling.

A Realtor will be able to show you even more than we can on why your home is not selling. Consider hiring a local Realtor!

1. It Isn’t Priced to Sell

A house that is overpriced isn’t likely to sell – at least not quickly. Remember, your home is only worth as much as someone is willing to pay for it. It doesn’t matter what you feel it is worth.

If your home is listed above market value, you will miss out on sales, which is why it is so important to work with your agent to price your house right for your market. And you want to be sure to get your price right from the beginning. Constantly dropping the price of your home as it sits for an extended time on the market may indicate to buyers that something is wrong with it.

That’s not to say you can’t make small adjustments. If you are struggling to sell and want to reduce your price, evaluating comparables in your area to see how much others are reducing their homes by, as well as average prices. Be sure to also consider the search parameters, and price your home to fall into commonly searched price ranges.

2. You’re Using Poor Listing Photos

Trulia notes that 90 percent of buyers start their home search online, and that it all starts with the photos. If you photos are minimal or subpar, potential buyers will skip over your listing.

Your listing photos are your first opportunity to market your house, so they need to be exceptional. To take great photos, make sure you are using a camera that produces high-quality images that look great in print or on digital displays. Focus on capturing your home’s strengths, while downplaying any weaknesses in the images. If it works in your budget, have professional photos taken. A professional can stage your home appropriately and capture the best shots.  

3. The House Is In Need of Repair

Few people will want to buy a house that looks terrible and in complete disrepair.

Your house needs to be in a condition that is consistent with your asking price. If the home is in poor condition, but you are asking the same price as a well-maintained comparable listing, then you will not see any interest in your house.

This doesn’t necessarily mean major renovations. Your home just needs to look clean and “pretty.” For example, make sure your roof has all of its shingles and that there are no leaks or water damage anywhere. If you have landscaping, make sure it is tidy. Foundation cracks and uneven floors can also be a big turn-off to buyers.

Small, simple repairs can make a big difference to selling your house, especially when they put your home on par with expectations for your asking price.

4. You’re Not Maximizing Your Exposure

If people don’t know your house if for sell, they can’t buy it, which is why marketing and exposure are so crucial to the sell.

There is no one “perfect” marketing solution that will guarantee the sale of your house. You need to use a combination of marketing efforts to maximize exposure, such as

  • Online listings on all major real-estate websites
  • Virtual tours posted online
  • Social media push
  • Open houses

 

You can’t have too much exposure, so look for and capitalize on any opportunity for marketing your home. Hiring an experienced real estate professional is a good idea to help with the marketing as they know the ins and outs of the real estate industry, and can make sure you are expanding your exposure as wide as possible.

Don’t get discouraged if your house isn’t selling as fast as you expected. Make some changes based on these suggestions and have patience. The right buyer will come along.

No tags.

Paul Gardner

Paul’s core practice centers on the examination of title and real estate transactions. He has extensive litigation experience, and has spent several years representing and advising lawyers, real estate agents, and insurance agents in connection with professional liability claims.

More posts by Paul Gardner

Related Posts

  • Understanding Commercial Closings

    By Paul Gardner | Comments are Closed

    Commercial real estate closings are very different from residential real estate closings.  In general, they are more complicated because they have more extensive procedures. Negotiations also tend to last much longer (up to a yearRead more

  • Why is a Land Survey So Important Before Closing?

    By Paul Gardner | Comments are Closed

    Whether or not the lender requires it, every buyer should invest in having a property survey (also called a land survey) conducted before closing on a real estate purchase.    Land surveys are critical forRead more

  • Real Estate Trends for Q4

    By Paul Gardner | Comments are Closed

    What does the real estate market look like for Q4 of 2022?    Home sales typically slow down this time of year and 2022 looks to be no different. In general, experts indicate that theRead more

  • Selling in a Buyer’s Market

    By Paul Gardner | Comments are Closed

    Selling in a Buyer’s Market Real estate industry experts anticipate a cooling in the housing market and a shift away from the seller’s market of the last two years toward more of a buyer’s market.Read more

  • Understanding Different Loan Types

    By Paul Gardner | Comments are Closed

    Understanding Different Loan Types   If you need to borrow money, there are various types of loans from which to choose. The ones most people recognize are automobile loans, student loans, and mortgages, but thereRead more

NextPrevious

Contact Us
Request Fees
Title Request

Blog Categories

  • Announcements
  • Events
  • Industry Topics
  • Lagniappe
  • Uncategorized

Newsletter

  • This field is for validation purposes and should be left unchanged.



1819 W. Pinhook Road, Suite 100
Lafayette, LA. 70508

337.235.0047
Contact Us

Services

  • Home Buyers
  • Home Sellers
  • Real Estate Agents
  • Lenders
  • Builders & Contractors
  • Commercial

Site Links

  • Blog
  • Team
  • Contact
  • Resources
  • Privacy Policy
  • Title Request

Newsletter

  • This field is for validation purposes and should be left unchanged.

  • Services
    • Home Buyers
    • Home Sellers
    • Real Estate Agents
    • Lenders
    • Builders & Contractors
    • Commercial
  • Team
  • Blog
  • Contact
  • 337.235.0047
Prime Title