Things To Consider If Your House Didn’t Sell

If your listing has expired and your house didn’t sell, it's completely normal to feel a mix of frustration and disappointment. Understandably, you're probably wondering what may have gone wrong. Here are three questions to think about as you figure out what to do next. Did You Limit Access to Your House? One of the biggest mistakes you can make when selling your house is restricting the days and times when potential buyers can tour it. Being flexible with your schedule is important, even though it might feel a bit stressful to drop everything and leave when buyers want to see it. After all, minimal access means minimal exposure to buyers. ShowingTime advises: “. . . do your best to be as flexible as possible when granting access to your house for showings.” Sometimes, the most determined buyers might come from far away. Since they’re traveling to see your house, they may not be able to change their plans easily if you only offer limited times for showings. So, try to make your house available as much as you can to accommodate them. It's simple – if no one’s able to look at it, how will it sell? Did You Make Your House Stand Out? When you're selling your house, the old saying matters: you never get a second chance to make a first impression. Putting in the work to make the exterior of your home look nice is just as important as how you stage it inside. Freshen up your landscaping to boost your home’s curb appeal so you can make an impact upfront. As an article from U.S. News says: “After all, if people drive by, but aren’t interested enough to walk through the front door, you’ll never sell your house.” But don’t let that impact stop at the front door. By removing personal items and reducing clutter inside, you give buyers more freedom to picture themselves in the home. Plus, a fresh coat of paint or thorough floor cleaning can work wonders in sprucing up the house for potential buyers. Did You Price Your House at Market Value? Setting the right price is key. While it might be tempting to push the price higher to maximize your profit, overpricing your house can actually turn off potential buyers and slow down the selling process. Forbes notes: “Pricing a home too high could lead to a slower sale or force the seller to drop their price.” If your house is priced higher than others like it, it may discourage buyers, resulting in increased time on the market. Pay attention to the feedback people give your agent during open houses and showings. If lots of people are saying the same thing, it might be a good idea to think about lowering the price. For all these insights and more, rely on a trusted real estate agent. A great agent will offer expert advice on relisting your house with effective strategies to get it sold. Bottom Line It’s natural to feel disappointed when your listing has expired and your house didn’t sell. Connect with me to determine what happened and what changes you should make to get your house back on the market.

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Reasons To Sell Your House Today [INFOGRAPHIC]

Reasons To Sell Your House in Today's Market In the ever-evolving landscape of real estate, sometimes it can be challenging to determine when the optimal time is to sell your house. However, current trends indicate that now might be an exceptional time to list your property. Here are some compelling reasons why you should consider selling your house in today's market. Inventory Is Low It's often said that the best time to sell is when demand outstrips supply. Right now, we're finding ourselves in precisely that situation - a seller's market. With a low inventory of homes for sale, your property is more likely to stand out to potential buyers. The lower the supply, the higher the demand, and the higher the demand, the more potential there is for a profitable sale. This scarcity of houses on the market offers a unique opportunity for homeowners who are considering selling. There's less competition, and that means your house has a better chance of catching the attention of buyers. Multiple Offers are on the Rise With the limited supply of homes for sale, buyers are often left competing for their dream home. This competition is driving up prices and potentially leading to multiple offers on your property. This situation can not only make the selling process faster but also increase the final sale price. Getting multiple offers is a great problem to have. It often allows you to negotiate better terms and potentially sell for more than your asking price. It's a clear demonstration of the power of supply and demand. Your Equity Can Fuel Your Move In today's market, most homeowners have a significant amount of equity. Equity is the difference between what your home is worth and how much you owe on your mortgage. This accumulated wealth can be utilized to fuel your next move. The beauty of this is that it's a cycle that can benefit you twice. By selling in a high-demand, low-supply market, you're likely to get a high price for your home. Then, if you're planning to buy in a different market or waiting for a downturn, you could get more for your money with your next purchase. Conclusion If you've been thinking about selling your house, now could be the perfect time to make your move. Current market conditions are working in favor of sellers, and you could stand to benefit greatly. But of course, every situation is unique, and it's essential to consider all factors before making a decision. If you're considering selling, let's connect. We can discuss your individual circumstances, explore your options, and determine if now may be the time for you to sell. Your dream move might be closer than you think.

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Falling out of Love with Your House? It May Be Time To Move

Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), the average person has lived in their current house for ten years. If you’ve been in your home for a while, think about how much in your life has changed since you moved in. Even if you thought it would be your forever home when you bought it, it doesn’t have to be. Work with a local real estate agent to explore all your options in today’s market before settling for your current home. That’s actually what a lot of homeowners are doing right now. A recent survey from Realtor.com finds that, of people who are considering selling in 2023, one in three are thinking about moving because their home no longer meets their needs. And according to the same report from NAR, that’s consistent with this year’s top reasons for selling, which include: Want to move closer to friends or family Moving due to retirement Home is too small or too large Change in family situation Job relocation If things in your life have changed, it may be time to make a move. And there’s good news: it’s still a great time to sell. Here’s why. We’re in a strong sellers’ market. That means homes listed at market value and in good condition are getting attention from buyers and selling quickly. Lean on your expert real estate advisor for the best advice on getting your house ready to sell. Your equity can power your next move. There’s a good chance you have a significant amount of equity right now thanks to record levels of price appreciation in recent years. When you sell, you can use that equity to help afford your next home. In fact, NAR’s report from above shows 38% of recent buyers used the money from the sale of their previous home to cover the down payment on their next one. Work with a local real estate agent to learn how much equity you have and what you can do with it in today’s housing market. Bottom Line If your home no longer meets your needs, consider selling it so you can find your dream home. Work with a real estate professional so you can learn about your options.

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