Why Is My Property NOT Selling?

Here we will outline some of the top reasons a home/property does not sell or sits on the market for a long time.

  1. Pricing: This is one crucial step you need to get right from the start. Pricing is probably the most common problem when a home/property does not sell within the first 30 days of listing. Do a little research and check the list price of similar properties in your area. Compare the condition of your home to other homes that have sold or are currently for sale. Pricing your home right from the start will net you the highest possible sale price. Pricing too high can earn you less money than you would have earned if you priced it right from the start. The more time a home/property sits on the market, the more potential buyers discount the price.

  2. Showings: Make your home available for as many showings as possible. Selling a home is all about the numbers. The more potential buyers you have viewing your listing, the higher your chance of finding the right buyer. You can't sell if you don't show.

  3. Curb Appeal: How your home looks on the exterior is, if not more important than the interior. Your home's curb appeal sets the buyer's emotions before entering your home. You want a potential buyer to have positive thoughts right from the start. If a buyer has negative thoughts before entering the property, it's game over. From this point on, the buyer will view your home with a negative mindset. For more information on curb appeal, check out our guides located in your dashboard.

  4. Declutter & Depersonalize: Before you start showing your home, declutter and depersonalize your home. Removing clutter makes your home look tidy. It will also make rooms look bigger. You also want to depersonalize your home as much as possible. Remember, you want the buyer to see themselves in your home.

  5. Commission Offered: A Flat Fee MLS Listing is to gain more exposure and cooperate with buyer's agents. The commission is how agents make a living, and the higher the commission is, the more a buyer's agent will be inclined to promote your listing. Therefore, we always recommend a commission of 2.5% to 3.0%.

For more information on these topics, check out our selling guides located in your dashboard.