- Home
- The America's
- United States
- Is Your Home Not Selling Fast Enough?
Is Your Home Not Selling Fast Enough?
- By Adil Esmail
- Published 13th March, 2009
- United States
- Unrated
Selling a home almost anywhere in North America has been easy over the last five years. With double digits value increases every year, multiple offers where often the norm. Good properties would sell within days and sometimes for tens of thousands of dollars over asking.
Nowadays, the real estate market is quite different. With the current economic downturn, properties are not selling as fast as they used to or for quite as much. Properties that would sell within days a few years ago are now often sitting for weeks on end. But don’t get frustrated, there are some options for you.
If you do not need to sell right away, stay put for a little while and wait for the real estate market to come back around. The real estate market works in cycles and a downturn is always followed by an upswing.
One of the best way to sell your house faster is to make the most appealing home in your neighborhood. Paint all the rooms in the house a nice neutral color which will appeal to a large variety of buyers and make your rooms look fresh. If you have carpet, get it professionally cleaned so it smells fresh and look as good as it can. Replace any worn out area rugs, especially in high traffic areas such as the entrance. You want to make your house look well maintained and ready to move in.
Make sure that your home has good curb appeal. Re-sod any worn out sections of the lawn so it looks nice and even everywhere.
Add some flowers and plants and make the porch as inviting as possible. Remember that first impressions are very important to home buyers.
If you know your neighbors well, encourage them to spruce up their property as well. The curb appeal of their house will impact your home. Make it fun and organize a street revamping day where the neighbors can help each other revamp the front of their homes.
You should keep in mind that the main reason a house doesn’t sell is because it is priced too high. Ask your agent to get your comparable properties in your area that have sold within the last couple of months. You do not want to be the most expensive house in your neighborhood even if you feel that you have invested more in your home. Your home is only worth what buyers will pay for it.
If your property has been on the market for several months, you should pull it off and wait a few months and then re-list it. . An old listing will not attract buyers as they may feel that if the house hasn’t sold, there must be something wrong with it.
Whether your are using a realtor or selling the house yourself, make sure that it is being promoted in a number of different ways. With the help of a real estate agent, your house will get great exposure through the MLS but don’t stop there. Place adds in your local paper, advertise online, tell your neighbors that you are selling. All these extra little things will spread the word that your property is up for grabs and in no time you will be able to put a sold sign on your front lawn.
Nowadays, the real estate market is quite different. With the current economic downturn, properties are not selling as fast as they used to or for quite as much. Properties that would sell within days a few years ago are now often sitting for weeks on end. But don’t get frustrated, there are some options for you.
If you do not need to sell right away, stay put for a little while and wait for the real estate market to come back around. The real estate market works in cycles and a downturn is always followed by an upswing.
One of the best way to sell your house faster is to make the most appealing home in your neighborhood. Paint all the rooms in the house a nice neutral color which will appeal to a large variety of buyers and make your rooms look fresh. If you have carpet, get it professionally cleaned so it smells fresh and look as good as it can. Replace any worn out area rugs, especially in high traffic areas such as the entrance. You want to make your house look well maintained and ready to move in.
Make sure that your home has good curb appeal. Re-sod any worn out sections of the lawn so it looks nice and even everywhere.
If you know your neighbors well, encourage them to spruce up their property as well. The curb appeal of their house will impact your home. Make it fun and organize a street revamping day where the neighbors can help each other revamp the front of their homes.
You should keep in mind that the main reason a house doesn’t sell is because it is priced too high. Ask your agent to get your comparable properties in your area that have sold within the last couple of months. You do not want to be the most expensive house in your neighborhood even if you feel that you have invested more in your home. Your home is only worth what buyers will pay for it.
If your property has been on the market for several months, you should pull it off and wait a few months and then re-list it. . An old listing will not attract buyers as they may feel that if the house hasn’t sold, there must be something wrong with it.
Whether your are using a realtor or selling the house yourself, make sure that it is being promoted in a number of different ways. With the help of a real estate agent, your house will get great exposure through the MLS but don’t stop there. Place adds in your local paper, advertise online, tell your neighbors that you are selling. All these extra little things will spread the word that your property is up for grabs and in no time you will be able to put a sold sign on your front lawn.
