Andrea Ballesteros December 20, 2024
Selling a house can be an emotional and challenging journey. Ideally, you want it to sell quickly, fetch top dollar, and go off without a hitch. But even in today’s competitive market, where demand often outpaces supply, homes sometimes linger on the market longer than expected. According to Zillow, in 2024, nearly 1 in 3 sellers removed their homes from the market before they were sold.
Why does this happen? While the reasons vary, there are common pitfalls that can prevent a successful sale. Here are the top three hurdles and how partnering with an expert real estate agent can help you overcome them.
Price is one of the most critical factors in determining how quickly a home sells. In today’s high-mortgage-rate environment, overpricing can scare off potential buyers and cause your home to sit on the market. As U.S. News Real Estate points out, “Talk to any real estate expert, and the first thing they’ll tell you is that a house is selling slowly because the price is too high.”
Buyers are more informed than ever, with access to tools and resources to compare homes and prices in your area. If your house is priced too high, it risks being overlooked or dismissed. Worse yet, homes that linger on the market often raise red flags for buyers, even if there’s nothing wrong.
What You Can Do: Talk to your agent about buyer feedback from showings and open houses. If the consistent message is that your home is overpriced, consider adjusting the asking price to reflect current market conditions. A competitive price can reignite interest and attract offers.
First impressions matter, and your house only gets one chance to make a great one. If your home doesn’t look its best, buyers may move on without giving it a second thought.
Start with curb appeal. Clean up the landscaping, add some fresh mulch, and make sure the exterior is tidy and inviting. As Realtor.com explains, “For better or worse, buyers do tend to judge a book by its cover. You want to make sure potential buyers’ first impression of your home is a good one.”
Inside, small updates can make a big difference. Declutter, depersonalize, and give the house a thorough cleaning. Simple upgrades, like a fresh coat of paint or updated listing photos that reflect the current season, can help create that “wow” factor.
What You Can Do: Lean on your real estate agent for advice. They can guide you on which updates will have the most impact and whether it’s time to refresh your listing strategy.
One of the biggest mistakes sellers make is restricting the days and times buyers can view their homes. If buyers can’t see the property, your chances of selling decrease significantly.
This is especially true for out-of-town buyers who may be highly motivated but have limited availability to tour homes. By offering flexible showing options, you’ll ensure your home gets the visibility it needs to attract serious offers.
What You Can Do: Work with your agent to maximize showing opportunities. The more accessible your home is, the more likely it will sell quickly.
Selling your house doesn’t have to be a stressful, drawn-out process. If your home isn’t generating the attention or offers you hoped for, take a step back and reevaluate. By addressing these common hurdles with the help of a trusted real estate agent, you can position your home for a successful sale and achieve your goals this year.
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We will work tirelessly to ensure you have the best experience whether you are selling your home, looking to purchase an investment property or searching for your forever house. We are here for you and don’t just walk away after closing. We pride ourselves on our long term relationships with our clients and will guide you through all the necessities you need before, during and after your selling or buying experience.