Selling a house can be a stressful and frustrating experience, especially if the property has been on the market for a long time without any serious offers from potential buyers. If you are currently trying to sell your house in New Castle and are feeling frustrated with the lack of interest from potential buyers, there may be some things you can do to improve your chances of selling your property. In this blog post, we will explore nine things you should consider if your New Castle house is NOT selling.
1. Price
One of the main reasons a house does not sell is because it is overpriced. It is extremely important to remember that the market sets the price, not the seller. If your house has been on the market for a while, it may be time to re-evaluate the asking price. Have a conversation with your expert real estate agent and ask them for details and data on the current comparable homes in your neighborhood that have sold within the prior 12 months. If your home is priced higher than similar homes, it may be time to consider lowering the price to what others are actually selling for in your area. Remember, comparable homes sold should be the same bedroom and bathroom count as your property; additionally, comparable homes should be within 10-20% of the square footage for an accurate analysis of where the home should be priced to justify the price to any potential buyers.
2. Condition
Does your home need some work or require updates? Another important factor to consider is the condition of your home. If your home requires a number of repairs or updates, you could be in trouble! MOST potential home buyers are looking for move-in ready homes, so if your house needs work, it may be turning them off or forcing them to look elsewhere for homes in better condition. Take a look at your home with a critical eye and complete the necessary repairs or updates to get the home under agreement and into escrow. Think about the easiest things first, like a fresh coat of paint, possibly some new replacement flooring, or maybe update that old dusty dining room fixture to freshen up the aesthetic of your home to make it more appealing. While you do not need to spend an outrageous amount of money, you should consider completing some DIY projects around the home before asking full retail price on a home that needs updated.
3. Curb Appeal
If your home does not have curb appeal, potential buyers may not even want to step inside. First impressions are everything when it comes to selling a house. Take a look at the exterior of your home and make any necessary improvements to the aesthetic and landscaping. Cut the grass, paint the front door, or replace the mailbox. Some minor changes to the aesthetic of your property will go a long way in the eyes of most potential buyers. If you want a full retail offer, you need to showcase the home in the most appealing way possible for your potential buyers!
4. Marketing
Are you using high-quality photos and videos to showcase your home? If your house is not selling, it may be time to take a look at your marketing strategy or hire a professional to retake those old iPhone photos you are using right now. After you have amazing photos taken, post your listing on social media to reach potential buyers. Someone within your network might be interested and your friends should and will be happy to help you in most instances. Make sure your new photographs are updated on all the major real estate websites and consider adding a video tour of your home to target buyers outside of the local region who might be looking from out of state.
5. Staging
Staging your home can make a big difference when it comes to selling. If you have not already, consider hiring a professional stager to help you create a welcoming and inviting space. A good stager will help you declutter, rearrange furniture, and add decor to make your home look its best.
6. Showings
If your house is not selling, it may be because potential buyers aren’t seeing it. Make sure your home is available for showings at convenient times and that it is easy for real estate agents to schedule showings. If you have pets, make sure they are out of the house during showings and consider hiring a cleaning service to keep your home looking its best.
7. Real Estate Agent
If your house is not selling, it may be time to consider a new real estate agent. Look for an agent with experience in your area and who has a track record of selling homes quickly. Make sure they have a good marketing strategy and that you feel comfortable working with them.
8. Home Inspection
If you’ve had potential buyers come and go without any offers, it may be time to get a home inspection. A home inspection can help you identify any issues that may be turning off potential buyers and give you an opportunity to make repairs before putting your home back on the market.
9. Patience
Finally, it is important to remember that selling a house takes time. If your home has been on the market for a few weeks or even a few months, it may not be time to panic just yet. Keep working with your real estate agent, make any necessary updates or repairs, and be patient. The right buyer will come along eventually.
If your New Castle house isn’t selling, there are a number of things you can do to improve your chances of a successful sale. Consider the factors listed above and make any necessary changes to your pricing, marketing, staging, and more. With a little patience and persistence, you’ll be able to sell your home and move on to the next chapter of your life. Have you been trying to sell your house, but haven’t had any luck? If your listing has expired or if you have been trying to sell a house using a for sale by owner listing, our team is here to help! Reach out to learn more about the innovative solutions we can offer you! (412) 789-2007