With record volume in real estate sales and bidding wars within minutes of a house listing, one might think 2021 is a sellers’ market. Homes are selling quickly and prices have certainly increased as a result. But, what if your home has been on the market for a while and you’ve had showing after showing with no offers? There may be a reason your home hasn’t sold yet.
Four Reasons Your Home Hasn’t Sold
Your Price is Too High
People think they can ask unrealistic prices for their home in a sellers’ market, but this is not the case. In understanding the basics of marketing, we know when the supply of homes is down and the demand for homes is up, prices do tend to increase, but the sky is not the limit.
The best consideration to sell your home within a reasonable timeframe is to price the home at the “best price” initially so as not to miss out on prospective buyers. When priced properly, houses sell quickly. This is reason you should consult with your real estate agent to assess the true market value.
The Photos Of The Home Are Not Appealing
According to the National Association of Realtors (https://www.nar.realtor/) over 99% of prospective buyers, who use the internet, began their searches online. The same buyers decide if they want to see a home within minutes. Given these statistics, it is more important than ever to have professional photos taken of your home. If there aren’t any photos online or the pictures reflect a dark home that is crowded or cluttered, potential buyers may pass over the home and look for another that is more appealing.
Many real estate agents have professional photographers and know how important the online impression is of your home. Agents strive to show the home in the best light in order to generate the most showings on the home and achieve the best offers.
There Is An Odor In The Home
When a prospective buyer enters the home and an unpleasant odor is the first thing to greet them, it is guaranteed that this will be a problem. Because we may become immune to odors in our home, it is important to have an agent who recognizes the importance of presenting the home in the best light. Therefore, pet odor, litter box odor, stale air, smoke or a mildew smells are all things that can and will turn off a potential buyer from the start. Your agent will make recommendations to best assist you.
Your Curb Appeal Is Poor
If the exterior of your home is not appealing when a prospective buyer drives up, this may be a reason your home hasn’t sold. If the bushes are overgrown, grass is uncut, house needs new paint or looks run-down, the buyer may think the current owner does not care about the property and make assumptions that the home has not received proper maintenance.
Homes do not sell for a reason. If you have reviewed the four reasons above and need assistance selling your home in the Carmel, Indiana and surrounding areas, call The Keith Albrecht Team at 317-580-9955 or visit us at https://keithshomes.com.
