Ned Mahoney's Blog
In a seller’s market, you shouldn’t have a home that’s simply sitting there. If a home isn’t selling and the market is hot, something must be wrong. There are many different reasons that your home isn’t selling. Below, you’ll discover some of those issues and what you can due to remedy the problems.
You Need To Adjust Your Expectations
Many people put their homes on the market expecting high results. While it’s good to have confidence, it can be detrimental to your home sale. Great expectations can lead to an overpriced home, a lack in marketing efforts, or lowering the price of the home too late. All of these situations can be detrimental to your home sale. Research and hiring a realtor to help you with the sale can keep you organized and assist ou in staying on top of the market.
You Don’t Understand Home Values
If you’re selling your home on your own, you may not have priced the property correctly especially if you have no professional experience. This is where a realtor comes in. A real estate agent can do the professional market research that finds the sweet spot for a price on a home for sale. Knowing that price is one of the best ways to sell your home fast. Without a well-valued home, it could sit idle in a good market.
Your Home Is Neglected
If you have been neglecting various projects around your home, you could find that it’s more difficult to sell your home. Buyers want the best house for the lowest possible price. Homes that have been properly maintained with the right HVAC maintenance, yard upkeep, and regular appliance services are more likely to be scooped up fast by buyers.
Before your home even goes on the market, you should do any tasks around the house that you have been neglecting. The investment of both time and money will be worth it for you in the long term when you go to sell your home.
The Photos Aren’t Professional
The marketing efforts used to sell a home are very important. On the top of this list is the photos that represent the house. Most home buyers begin their search online. This means the first impression that they get of your home is from pictures. If these are not well done, it could be very detrimental to your home sale.
For good photos, be sure that you get rid of all the clutter from your space before the pictures are taken. It’s really best to hire a professional to deal with his aspect of home marketing. If you must take the photos on your own, using a better camera than that a cell phone provides can really be a step up in the picture taking process.
There is no set amount of time that you will need to allocate to sell your residence. In certain instances, a seller can generate lots of interest in his or her house and receive an offer to purchase within one day of listing a home. On the other hand, a seller sometimes requires many weeks or months to stir up interest in his or her home.
Ultimately, you should strive to commit as much time as you can to sell your home. If you do everything possible to promote your residence to potential buyers, you could reap the benefits of a fast, profitable house selling experience.
There are many things that a seller can do to ensure a seamless home selling experience, and these include:
1. Improve Your Home Both Inside and Outside
Remove clutter from inside your home – you'll be happy you did. In addition to making it easy to show off the true size and beauty of your home, eliminating clutter could help buyers envision what life may be like if they purchase your house.
Meanwhile, your home's curb appeal can make a world of difference during the property selling journey. If your house boasts a stunning front lawn and other exceptional home exterior features, your home may be better equipped than ever before to make a positive first impression on prospective buyers.
2. Establish an Aggressive Initial Home Asking Price
Take a look at the prices of comparable houses in your city or town. In addition, evaluate the prices of recently sold houses in your area that are similar to your own. This housing market data may help you establish an initial home asking price that falls in line with the current housing market's conditions.
Furthermore, it may be beneficial to conduct a house appraisal. With an appraisal report in hand, you'll have a property valuation that you can use to establish an aggressive initial asking price for your residence.
3. Hire a Real Estate Agent
A real estate agent is an expert guide for selling homes. He or she can help you list your residence, promote it to prospective buyers and much more.
Of course, let's not forget about the assistance that a real estate agent provides at each stage of the property selling journey, either. A real estate agent will help you create a house selling strategy and put this plan into action. He or she will be ready to respond to any of your home selling concerns or questions too. And if you're unsure about how to proceed at any point during the house selling journey, a real estate agent can provide property selling recommendations and suggestions.
For those who want to add a house to the real estate market and streamline the home selling journey, it may be a good idea to hire a real estate agent. By collaborating with a real estate agent, you can get the support you need to quickly navigate the home selling journey.
The home selling journey may seem endless at times. Fortunately, once you accept a buyer's offer to purchase your home, the finish line of this journey may be in sight.
There are many things that a house seller can do to streamline the process of reaching a home closing date, and these include:
1. Establish Realistic Expectations
Although accepting an offer to purchase is a big step forward in the house selling journey, it is important to remember that many steps still need to be completed before you finalize your house sale. However, if you establish realistic expectations for the home selling journey, you can plan ahead for the steps you'll need to complete after you approve a buyer's offer to purchase your house.
Typically, a buyer will request a home inspection after you accept his or her offer to purchase your residence. If the inspection reveals there are no major problems with your house, you may be able to finalize a home sale in a matter of weeks.
On the other hand, if a home inspection raises concerns about your residence, you can always try to negotiate with a buyer. If you complete home repairs or offer a reduced price for your residence, you may be able to speed up the house selling process following an inspection.
2. Keep in Touch with a Buyer
It is important to maintain open lines of communication with a buyer as you work toward the conclusion of the house selling journey. If you work with a buyer to finalize a home transaction, you can minimize the risk of encountering time-consuming problems along the way.
If you have concerns or questions as you work toward the finish line of a home sale, don't hesitate to contact a buyer or his or her real estate agent. That way, you can address any concerns or questions and resolve potential problems before they escalate.
3. Work with a Real Estate Agent
Collaborating with a real estate agent can make a world of difference for any house seller, at any time. In fact, if you have a real estate agent at your side, you should have no trouble achieving your desired home selling results.
A real estate agent is happy to work with you throughout the home selling journey. He or she will promote your residence to potential buyers and help you analyze offers to purchase your house. Then, when you are ready to accept an offer to purchase, a real estate agent will help you finalize a house sale.
The days and weeks leading up to a home closing can be stressful, but a real estate agent can help put your mind at ease. He or she will offer expert tips and recommendations as you navigate the home selling journey. As a result, a real estate agent will make it simple for you to quickly and effortlessly sell your house.
Enjoy a successful home selling journey – use the aforementioned tips, and you can limit risk as you conclude the home selling process.
If you are looking to sell your home and move out of a major city, there is no need to worry. In fact, there are many quick, easy ways to ensure that you can enjoy a seamless home selling experience, even if your residence is located in the heart of a major city.
Now, let's take a look at three tips for selling a home in a major city.
1. Know Your Target Homebuyer
Think about what led you to buy your city home in the first place. Then, you can put together a home listing that highlights your home's features, thereby increasing the likelihood that your house will generate plenty of interest from potential buyers.
When you create a home listing, think about a city homebuyer's perspective. By doing so, you can ensure that your home listing hits the mark with the right group of buyers.
For example, if your home is located near popular city attractions, it may be worthwhile to include this information in your home listing. Or, if your home includes a new roof and other upgrades, you should incorporate lots of details about these upgrades into your home listing.
2. Establish an Aggressive Price for Your Residence
What you originally paid for your city home is unlikely to match the value of your residence today. However, with a comprehensive approach to analyzing your home's strengths and weaknesses, you can establish an aggressive home listing price from day one.
It often pays to conduct a home appraisal prior to adding a city home to the real estate market. During a home appraisal, a property expert will evaluate your residence, as well as compare and contrast your house against similar homes. After a home appraisal is finished, you will receive a property valuation that can help you set a competitive initial asking price for your house.
Don't forget to check out the prices of comparable houses in your city, either. With this housing market data at your disposal, you can see how your residence stacks up against the competition and price it accordingly.
3. Collaborate with a Real Estate Agent
If you're unsure about how to put together a home listing, price your residence or perform assorted home selling tasks, you should contact a local real estate agent. By hiring a real estate agent, you can receive expert assistance as you try to sell your city residence.
A real estate agent understands the ins and outs of selling a house in any city, at any time. Therefore, this housing market professional will make it easy for you to maximize the value of your city home.
Oftentimes, a real estate agent will meet with you and learn about your home selling goals. He or she then will add your city residence to the real estate market, promote it to potential buyers and keep you up to date throughout the property selling journey.
When it comes to selling a home in a major city, it helps to take an informed approach. Use the aforementioned home selling tips, and you can boost your chances of enjoying a fast, profitable home selling experience.
A small town home initially may have proven to be ideal. But if your current small town house fails to meet your needs, there is no need to worry. In fact, you can add your small town residence to the local housing market and relocate to a new city or town at your convenience.
Ultimately, there are many reasons why now may be the right time to sell your small town house. These include:
1. Your small town home no longer suits your present lifestyle.
If your small town home has become too big or too small for you, it may be beneficial to list your residence. That way, you can sell your current small town home and upgrade or downgrade as needed.
Before you list a small town residence, it generally is a good idea to study the local housing market. If you allocate time and resources to analyze housing market data, you can identify home selling patterns and trends. Then, you can use this information to establish a competitive initial asking price for your small town home – something that may help you accelerate the property selling journey.
2. Your small town home is far away from family members and friends.
If you find that you have to commute several hours to visit family members and friends, it is important to remember that you can always move closer to these loved ones. By selling your small town home, you can relocate near family members and friends any time you choose.
For those who want to sell a small town home and move close to family members and friends, it helps to plan accordingly. You should craft a strategy to sell your current residence as well as determine where you are going to live going forward. This will allow you to map out any home selling and homebuying plans and take the necessary steps to put your plans into action.
3. Your small town home fails to provide convenient access to attractions and landmarks.
If you enjoy lots of big-name attractions and landmarks, small town living may not be the right choice. Fortunately, city residences are available that provide quick, easy access to many entertainment options. And if you sell your small town home, you can pursue a city house that delivers convenient access to your preferred attractions and landmarks.
As you get set to sell your small town home, you may want to employ a real estate agent too. This housing market professional will learn about you and your house selling goals and craft a custom home selling strategy for you. Plus, a real estate agent will promote your small town home to prospective buyers, set up property showings and do everything possible to ensure you can maximize your home sale earnings.
Remove the guesswork commonly associated with listing a small town home. Hire a real estate agent, and you can receive in-depth assistance as you sell your small town residence.