Day: February 13, 2018

Reasons Why Your Homes Didn’t Sell

Do you wonder why your home isn’t sold yet? It has been on the market for 6 months already and no one is ringing your phone to inquire. If this is your situation, you have all the reasons to worry. Maybe, it’s time to re-assess the condition why your homes didn’t sell. 

Here are some reasons why your home remains stagnant in the listing: 

  1. You don’t have quality photos

Buyers buy what they like, meaning they will be convinced to “like” your house if they see it. What is the best way to do that? They don’t like to drive a few miles just to see your house personally during the initial stage. What they want is to see are the photos. And not just any photos, but images that depict the uniqueness, quality, features and safety assets of the property. Pictures are eyes candy to the buyers. When the photos get their attention, inquiries may follow next. 

  1. You have an incompetent agent

To sell your beverly hills real estate is the reason why you hired an agent in the first place. But the truth is not all real estate agents are the same. Some are skilled while others are not. Some are trustworthy while others are fraudulent. If you happen to hire agents who don’t care about your interest, your house will stay in the market until it rots. Check what your agent is doing and call his attention if you are not satisfied with his performance. In worst case scenario, review your contract about how to terminate his service and do it as necessary. 

3) Your home lacks curb appeal. 

Your house should look as good as the photos you posted online. The buyers buy with their eyes first. If they like what they see, they will consider buying it. However, if your house looks messy and stinks like a dead rat, no one will like it. Do necessary measures to remodel your house or do some basic improvement. Painting the house new to replace the cracked paints is one simple way to add curb appeal to your property. 

4.)    Incorrect pricing 

Correct pricing is very important to make buyers consider acquiring your house. Take note that when buyers are searching for houses, they already know what their budget is. As much as possible, they will stick to their budget and will only be willing to stretch it after house inspection if they found out that the condition of the property is worth the price. Knowing this fact, you need to identify the right price for your house. You cannot overprice it over other comps and you cannot under-price it either. If you will do the later, buyers will think that there is something wrong with the house that’s why it is being sold at a low price.