Homeownership is often thought of as the American dream, but it can also be a burden for many people. If you’re in a time crunch, are facing significant debts, or are simply eager to start a new chapter in your life, selling a home fast may be necessary. But you may also find it’s easier said than done. All too often, homes sit on the market for long periods of time. In fact, it can take six months or more to sell your home if you work with a real estate agent. However, you may be asking, “why wont my house sell?” Your agent may chalk it up to market conditions or poor advertising, but it could also be due to one of the following reasons.
- It’s in desperate need of repairs
In a buyer’s market, it can be nearly impossible to sell a property for its true value. This is especially true when a home is in need of some major TLC. While there are some people who are willing to take on a project, they’re probably not willing to pay top dollar for it. If you can’t afford or aren’t able to make improvements yourself prior to selling, that can limit your pool of buyers significantly.
- Your listing photos are poor
Humans are very visual creatures, and these days, most people won’t have the patience to look at a home they don’t find appealing right off the bat. It’s become more important than ever to have stellar listing photos when you work with an agent. In a competitive marketplace, that’s what will help drum up interest and get buyers biting. If your photos are poorly lit, your home looks messy in them, or the picture quality is awful, your home probably won’t see much activity.
- You’ve overpriced your house
Homeowners are likely to overvalue their homes due to their own bias. You really need to do your research when pricing your home to sell and not take your own sentiment into account. And even if the price is objectively fair, there may be other factors at play (like the economy, for example) that could impact market value. When your home sits on the market too long for an inflated price, it’s going to be even less likely to sell at all due to how dated listings are generally regarded.
So what can you do if you need help selling your home quickly?
In many situations, selling your home to a real estate investor will allow you to get the financial relief you need and move on with your life. We buy homes in virtually any condition and give you a fair, all-cash offer for home as-is. Regardless of the reasons you’ve had problems selling your home, we’re here to help. Contact us today for more information.