Not being able to sell a home is one of the most distressing things any homeowner can experience. You have to contemplate the prospect of possibly losing money or practically giving it away to avoid foreclosure. But in some cases, it could be boiling down to a few things that you could easily correct. And who knows, maybe you could even increase your home’s value as a result. The key is being to identify what is going on and act immediately. Here are some of the possible reasons why your home isn’t selling.
You Price is Simply too High
This is one of the most common reasons homeowners have trouble selling, but one many of them have trouble coming to terms with. This is often the case when they have been making major renovations to increase the value and expect a return.
But, in some cases, the home may have absolutely nothing to do with it. No matter what you do, your home will never be able to get much higher than what the average home is selling for in your neighborhood. So, before you choose a price, you need to get a sense of your local market first.
You’re Making a Bad First Impression
If your home doesn’t look good from the minute visitors come in, then you’ll automatically lose points. That’s just the way it is. That’s why you have to do everything in your power to make sure that you make your house as attractive as you can from the exterior.
One of the best things you could do is revamp your landscaping. Landscaping work has been identified as one of the best ways to increase the perceived value of a home. It has been estimated that landscaping work could increase your home’s value by as much as 12.7%, depending on the type of work you get done.
However, the team you work with will make a huge difference. You want to make sure that they’re reputable, reliable, and that you all share the same vision. You also want to work with a company that will be able to offer flexible options. Services like KG Landscape, for instance, will be able to work with you and find the best solution depending on your needs and budget. And they’ll be able to give you a free quote with absolutely no obligation.
Your Home Design Is Too Personal
That’s another very difficult pill to swallow for many homeowners. But when too much of your personality is imprinted into a property, it then runs the risk of being too “niche” for some buyers.
Maybe it’s the mid-70s kitchen design. Or the water garden. While it may look beautiful to you, some buyers may think of how much they’ll have to spend to maintain it. So, if you can, try to depersonalize your home where you can, and consider standardizing your home in some areas.
These are some of the most common reasons why homes have difficulty selling. Make sure that you check if you are committing any of these and consider working with a skilled agent if you aren’t already.