If you are selling your home on the market, then you know how overwhelming the process can be. This is especially so when your home is on the market for some time and it seems like all hope is lost at trying to sell your home. When it comes to selling your home in Waltham, MA, there are a lot of factors that go into the selling process to come out successful. While there are many reasons your home could be sold, there are also reasons why it may not be currently selling. Below are eight reasons why your home is not selling.
When it comes to putting your home on the market, you believe you will find a buyer who will pay the absolute premium price for your home ASAP. However, this is a strategy you should not lean on. From day one you should be realistic and not over confident that your home will sell immediately. While you may love your home, it could be seen in a different light to others and you should prepare for your home to sit on the market for a little bit.
The House Is Priced Too High
When it comes to the real estate market, there is a bit of a supply and demand condition. If there is a high demand for houses but not a lot of listings, then you can probably sell your home for a high price. Knowing this, many sellers feel comfortable with pushing the asking price too high and this is a big mistake. When selling your home, it is best to determine the best asking price for your home with your Realtor. That way, you can get the most money for your home based on the true value your home has.
The Home Needs Touching Up
Although home improvement can be costly, it is something you must consider if you are looking to have your home get taken off the market quickly. To sell, and sell for a great price, you will need to make sure your home is in the condition that buyers are looking for. Buyers want the most bang for their buck, so they will want a home with updated appliances and amenities. Some simple upgrades could include new kitchen cabinets hardware, painting some walls, or buffing hardwood floors. They may seem simple, but they can go a long way with showing value to your home.
There Is a Problem with The Title
One of the biggest factors that will spook a potential buyer from purchasing your home in Waltham, MA is that there is something wrong with the title. While most of these problems require just a little time to resolve, you should contact the title company to find out what you need to do to fix the problem. Some title problems include:
- A paid-off mortgage hat is still showing up as valid linen on the house.
- A mechanic’s lien that was filed for work done on the house by a subcontractor.
Advertising Photos Are Subpar
When it comes to almost anything in life, first impressions are everything, and this is especially true in the real estate market. About 90 percent of buyers will start their house hunting journey online which means the photos on your listing should be top notch. These photos will determine if potential buyers are to come to your home during an open house. If your listing is filled with bad quality photos, no photos, or photos that show clutter then buyers will likely move on to the next listing. To make sure your home sells quickly and catches the eyes of buyers, get photos staged and taken by a professional for the best results.
Your Agent Doesn’t Seem to Care
At times, your home could be in great condition with amazing photos to highlight the value and is priced correctly, but still is sitting on the market. Your home may still be sitting on the market because your agent could be turning buyers off. Just as it is important to have good photos for your home, it is good to make sure you pick an agent who will be helpful. Some agents seem to be burnt out, lack personality, or seem to have no social skills. So be mindful that your agent can talk to buyers and have a passion to get your home sold. Customer satisfaction is a huge aspect I take pride in as a Realtor as it makes the process for both parties much smoother.
The Home Smells Bad
When things smell bad, it is usually a turn off and this goes with selling a home. All homes after a while develop a certain smell based on a multitude of factors, but when you are selling your home, you will want all the smells to go away. Nothing is better than entering a home with a nice refreshing smell to it. Be sure to take care of and mold issues or pet urine issues if you have any pets. As these two factors can cause permanent bad smells to your home. On the day of the showing or days prior, try using incense to freshen up the smell of the home. You can also bake some cookies to give a warm welcoming smell of baked goods to your home.
Your Appliances Are Old
Just like with touching up your space with home improvement, it is always better to have the latest and most updated appliances in your home. A home with a stainless-steel refrigerator is more likely to sell than an old, yellowing-white refrigerator. If you have appliances that seem to be outdated, buyers may think that there is a lot more that needs to be replaced which will cost them. This in turn, will make the buyers want to look at other houses instead of yours. Be sure to update your appliances so they do not look like they are on their last legs.
If you have any questions about buying or selling a home in Waltham, MA or are interested in my Realtor services, please feel free to contact me!