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When we look online and see homes that have been sitting on the market for a long time, it usually boils down to a few reasons. Today we are going to go through them so you won’t have to suffer the same fate when you go to sell.
The second most common problem is overpricing. If you have a number in mind and your strategy is to overprice the home, then reduce it later on, that is going to actually make your home sit on the market for a much longer time than you hoped. What seems to work the best is pricing a little below what you are actual want to get, and then using this seller’s market to bring in multiple buyers who will bid against each other and drive the price up. The more demand we can create for your home, the easier it will be to get to the price you want.
The next thing that trips up sellers is not staging their home. Staging is very important, especially for your home’s online profile. If your home isn’t neatly presented in photographs online, you will have a hard time getting people to come in and look in person. You want to stage the home so that it looks open, with few distractions.