Are You Wondering Why Isn’t Your House Selling Fast?
Why do some homes sell right away? Why do some sit on the market for months ? And why isn’t your house selling?
In our latest post, we will help you to consider some reasons why your house isn’t selling, and what you can do about it!
Selling a home takes work and skill. Location, price, and home condition are key elements. It is only when a price, a property and the right buyer all lineup that you are able to achieve a sale. To make this happen as the seller, you need to take a good look at your home and the price you are asking.
Why Isn’t My House Selling in McAllen
Asking Price Way Off
So many people are quick to list a property, without really considering the amount they will actually walk away with. You might take a guess at what it’s worth, and mark it up a bit for commissions and other listing costs. If only it were that easy! Many sellers don’t have a realistic value for their home. Before you list, run some comps for properties that have recently sold in your area and check if you are comparing apples to apples. You might even consider having a professional appraisal done before listing.
If you need to lower the price of your house, it will be visible to potential buyers viewing your property on the MLS and other marketing sites. If you lower the price over and over, you will make people think there is something wrong with the house; some buyers will be avoiding checking it out, and others may submit a low offer for your house.
Clutter, Clutter Everywhere
No matter how cute you think your stuff is, it’s still YOUR stuff. How can someone imagine your extra bedroom as an office if there are Legos and dinos everywhere?
- Put away any personal items.
- Clear away paperwork from tables and counters.
- Take pictures down.
- Put away things like your comb, your deodorant, and your toothbrush.
In addition to staging your home for potential buyers, don’t forget the importance of a deep clean. Your regular cleaning routine might not meet the high standards of those visiting your property. It’s the perfect opportunity to unleash your meticulous side.
Competition
Thinking about listing in McAllen? Have you checked other houses on the market? Visit the open-houses, browse the listing sites such as Zillow or Realtor.com. Drive around the hood. Take a good look at similar properties for sale around your neighborhood. Know what your neighbors are asking for their homes, and what comparable houses have recently sold for. Check out different listing sites as well as your county appraiser. More important that what people are asking for is how much are houses actually selling for, how long do they stay on the market, and what are the concessions. You should also be familiar with the demographics of potential buyers. Are there more families? Make your yard conducive to outdoor fun. Young professionals? Think of showcasing an area as an office or gym.
It Needs Work
Honesty is key here. There are things you might have been overlooking for so long, that now they just seem normal. Get another pair of eyes to check your house and tell you what repairs should be made. Ask friends for honest opinions. Ask an agent. And consider doing an inspection on your own. Fixing the things in need of repair will improve your selling chances, and lower your potential buyer’s bargaining power over repairs.
Bad Photos
People use the internet to search for homes. In our opinion, nothing can destroy a listing faster than bad photography. On the flip side, well done, professional photos can make your listing skyrocket. Don’t settle for an agent who takes a picture of your home from the car. And going back to the above, there should not be ANY clutter in your home pictures. Seriously. Nothing. Hide the mop and the kitchen utensils. Take out some extra furniture to make space. Even if you put everything back after the picture is taken… investing time and effort into great photos will make or break your listing. Consider adding some virtual staging to the picture.
Your Agent isn’t Doing All They Could Be
Some agents will do the bare minimum and cross their fingers for a sale. They might have gotten their license in hopes of making a quick buck. Then there is Dolfin RGV. We are real estate local investors that genuinely want to help people! We believe everyone should love the real estate they own. We are ready to help you sell your home without the stress and we can make you a direct offer for your property as it is, no repairs, no inspections, no showings.
Title Issues
It is very difficult to sell a property with liens or other title problems. Maybe your grandma gave you the property, but it was never properly put in your name. (AKA, transfer without conveyance.) Maybe there are tons of past taxes due. Perhaps, there were some repairs and the contractor placed a lien on your house and never removed it. To sell a property in McAllen do whatever you can to clear these issues up before you list so when a potential buyers shows up everything is in place and there are no delays.