What To Do If Your House Isn’t Selling?
It takes time and patience to wait for an offer and then close when selling your house. There are plenty of house sellers out there who feel like they’ve waited too long for their house to be sold. So what’s the deal? Why isn’t a house selling as quickly as it should be? We will answer that today.
The following are possible factors that affect the time it takes to close a sale on a house:
1. Location
The location plays a role in how fast you sell your house. It will definitely be hard to sell the house if it is too far from amenities like grocery stores, convenience stores, places to eat, schools, and hospitals.
What to do: Know that there is a market out there for houses that are far from the bustle of the city. You just have to market your house right in order to catch people’s attention. You can also lower the price if the location is too far. Explore your options and focus on your marketing strategy.
2. Are you on the same page as your agent?
If you’re working with an agent and if it is taking too long to sell your house, you have to ask yourself the following questions:
- Is the agent applying the right marketing strategies to sell the house?
- Is the agent on the same page as I am?
What to do: Make sure that your agent listens to what you want. You also have to do some listening of your own. On top of that, you have to understand the entire process of selling a house yourself. Ask your agent what types of marketing he or she is doing for your house. Ask other questions that you’ve wanted to ask. Doing so will help you set realistic expectations when waiting for an offer.
3. Price & Condition
Price is, perhaps, the most common reason why a house isn’t selling as quickly as it should. If the price is too high, nobody is going to make an offer. If you combine that with the AS-IS condition of your property, it’s going to take a while longer.
What to do: If you’re house is still in good shape, you just need to adjust your price. But if you feel like a ton of repairs have to be done before it is presentable, you have to go with plan B which is contact an investor. You don’t have to make repairs when selling to an investor. They will buy your house AS-IS for cash and on your timeline.
What should you do if you’ve run out of patience?
In fact, when you’ve run out of patience and want to sell your house as soon as possible, an investor is the way to go because they make offers faster and, as mentioned, there’s no need to do any fixes or upgrades. You can close quicker with less hassle. If this sounds like you, then contact Gold Path Real Estate today at 612-758-0071.
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