What To Do If Your Home Isn’t Selling

There's nothing more frustrating than listing your home, only to have it sit on the market waiting for someone to submit an offer. What's worse, you may have already found a home to buy, but are afraid to be stuck carrying two mortgages.

If your home is currently sitting on the market for longer than you'd like it to, there may be some issues that need to be addressed. Here are a few things you can do to speed up the selling process.

Consider Reducing the Price

The most obvious component of your listing to look at when your home isn't selling is the listing price. Even if you listed the home at an appropriate price, the market may have quickly switched gears. In this case, a price change might be warranted.

Given what's been happening in the local real estate market, we're seeing dips in home price values. Buyers are smart: they're not going to pay last month's prices for a home in today's market. If market conditions have changed since you initially listed your home, perhaps it's time to revisit what you're asking for your home and consider shaving a few bucks off the price.

Have Your Home Professionally Staged

If you haven't done so already, enlist the services of a professional home stager to have your home staged. The process of home staging isn't to decorate your home to suit your tastes, but it's to sell a lifestyle for prospective buyers looking in your neighbourhood.

It's been shown that homes that are professionally staged can fetch more money when it sells. Staging can also help homes sell faster. Both of these benefits combined can help you with any issues you may be having with your home not selling, no matter what the market might look like.

Revamp Your Home's Curb Appeal

When you're staging your home, don't overlook your home's curb appeal. The exterior of your home from the road is the first thing buyers see, so make sure your home's curb appeal is tended to. That includes not only the front yard but the backyard and sides of the home, too.

Your home's curb appeal plays a key role in buyers' first impression of your home, so you want to make it a good one. Pay attention to things like your front door, front porch, mailbox, driveway, garage door, lawn, bushes, flowers, lighting, and any other component of your home's exterior.

Review Your Home's Listing

Have you looked at your home's listing, including its description and photos? Even before buyers physically visit your home, they'll be looking at the actual listing online. You want to make sure it's enticing enough to make buyers want to book a showing.

Make sure the description is very detailed and interesting. It should have enough information in it to give buyers a clear idea of what the home looks like, what amenities it has, its layout, and so forth.

The images should also be professionally taken. They should be clear and be taken with the right lighting to make the place look as good as possible. There should also be multiple angles of each room to give buyers as much information as possible about what your home looks like without actually being there.

Address Potential Issues With Your Home

Is there a specific problem with your home that needs to be addressed? If so, it should be dealt with before any buyer comes across it.

Once you’ve pinpointed an issue, take some time to fix it. If several buyers complain about the same issue, address it. Odds are that if one buyer is complaining, most of them will. You can avoid this problem by rectifying the issue immediately before the next buyer books a showing