Home Selling Tips: Top Reasons Why Your House Remains Unsold

Posted by Staff Reporter (media@realtytoday.com) on May 06, 2016 06:40 AM EDT
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New Build Houses Remain Unsold Despite Financial Incentivesmore big
CARDIFF, UNITED KINGDOM - MARCH 18: A marketing banner is displayed outside new apartments for sale on March 18, 2008 in Cardiff, Wales. House builders are being forced to make more and more attractive offers to tempt house buyers due the global credit crisis which is deepening still further with the collapse of US bank Bear Stearns. This has meant credit such as mortgages are becoming increasingly harder to obtain. Some UK lenders are only offering mortgages to first time buyers with deposits of 25 percent of the purchase price. (Photo : Matt Cardy/Getty Images)

Real estate agents are there for a reason, and if you don't want your property to stay on the market for a long time with practically zero offers, it would be best to follow your agents' advice. If you're clueless about the whole process and are wondering why your home remains unsold, here are possible reasons, as per Realty Times.

Your home's overpriced

Unless this is your agent's first ever deal, then he/she ought to know how much properties are usually sold in your area. What's more, if your agent tells you that your house is overpriced, you ought to truly consider chopping down the tag. Work with your agent on a value that will attract rather than scare off potential buyers.

You have too much stuff

Potential buyers won't be pleased to see cupboards bursting with stuff and children's toys strewn throughout the floor. Make sure that your property is presentable at all times to attract interested buyers.

You didn't repaint your home

Peeling or uneven paint does nothing to help you get your home sold. The potential buyer will feel like the house wasn't well taken care of, and they'd think that they would need to spend more to do the repainting themselves. Make sure then that you paint your home before making it available on the market. This will give your home that new vibe that can help attract buyers.

You dismissed the repairs

If you've had numerous open houses but your property remains unsold, then perhaps you ought to begin taking care of those house repairs. Who would want to purchase a house with leaky faucets, loose ceiling boards and drawers sticking out when there are numerous others they can purchase at tip top shape?

You didn't bother to stage

Home staging is one of the real estate steps that you can't skip. Potential buyers would want to imagine how a space will function and if you leave rooms empty, it may give them the impression of a space that's worthless.

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