Lynn's Blog

8 Surprising Reasons Why Your Home Isn’t Selling

Why home is not selling

If you’ve been getting a lot of showings but no offers, and your days-on-market count is close to breaking the average, don’t hit the panic button just yet. Top performing real estate agents in Nanaimo can give you a number of reasons why your home isn’t selling.

Here are 8 of the most surprising reasons why your home in Nanaimo isn’t selling.

#1 You’re still emotionally attached

It can be very difficult to let go of the place where you raised your family, and one that’s home to so many memories. Psychology plays a big part in selling your home in Nanaimo fast. If you’re still emotionally attached, it can take much longer to sell.

#2 Your home isn’t priced to sell

People who aren’t quite ready to sell sometimes price their home incorrectly. The fact is that setting the right listing price is a mixture of art and science. In addition to reviewing the market comparables, your agent can also recommend affordable things that will help make your home stand out from the competition and increase its market value.

#3 You haven’t started packing

Many home sellers are surprised to learn the clutter is a big reason houses don’t sell fast. You’re going to need to start packing eventually, so the sooner the better. Start by making a list of everything you won’t need during the next 90 days, then pack it up and put it in storage.

#4 Your house doesn’t fit the comps

A unique house can be harder to sell when it doesn’t fit the mold. For example, the biggest or smallest house in the neighborhood – or one with unusual features – can take more time to find the right buyer. The best real estate agents in Nanaimohave the proven experience to turn these challenges into advantages.

#5 Home staging isn’t being used

One way to make a unique home sell fast and for full price is with home staging, even if your house is vacant. In fact, some research has shown that properly staged homes sell nearly 90% faster and often for more than the asking price.

#6 Listing photos are subpar

Even if you’re mentally prepared to sell, have decluttered and staged, your home may not be selling because the listing photos are bad. Most buyers begin their search for homes in Nanaimo online. So, if your marketing photos look like they came from a cell phone, the number of people coming to view your home will be few and far between.

#7 You’re staying for the showings

Even though you’re trying to be helpful by staying for the showings to answer questions, it’s best to leave this task up to your real estate agent. That’s because potential buyers might not be comfortable asking difficult questions or poking around when you’re there.

#8You hired the wrong listing agent

Not every real estate agent in Nanaimo is right for every home and every client. Although most of them seem to be experienced and professional, it pays to dig into the details. For example, there’s a big difference between an agent who works part time and sells a few homes a year, versus a full-time professional real estate agent who sells several homes each and every month.

Don’t give up on selling your home in Nanaimo

There’s a solution to every problem, especially when it comes to selling your home in Nanaimo. By fine tuning your listing information and marketing, and fixing little things you’ve become accustomed to, you’ll find a buyer for your home.

Buyers always have choices, and so do you. If you need to take your house off the market to make some needed changes, you can also take the opportunity to find a new listing agent in Nanaimo to sell your home.

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