5 Obstacles to Selling a Home Fast
When selling a home fast, there’s not always a clear path to success. While you may think you’ve taken all the proper steps toward a quick and easy sale, something may be holding you back from your dream offer.
At Mark Spain Real Estate, our expert listing consultants can lead you down the right path to a successful sale. If you’re preparing to put your home on the market or need to change directions with your current listing, we’re here to help! Read below to learn more about the reasons why your home may be failing to sell.
5 Obstacles to Selling a Home Fast
High Listing Price
Your asking price can ultimately make or break your sale. Regardless if you’ve done everything else right in the listing process, nothing will matter if your home exceeds buyers’ budgets. In today’s market, buyers view homes as a significant investment, often entering their house hunt with the market knowledge and a concrete budget. So if your home is well above buyers’ price point with no distinguishable added value, don’t expect offers any time soon.
Before setting your offer expectations, you should evaluate your home’s value to find a viable listing price. With the help of an experienced realtor like Mark Spain Real Estate, you can accurately price your home and maximize your pool of prospective buyers. Our experts conduct comparative market analysis to evaluate your home’s value and garner maximum exposure for your listing.
Unattractive Interior Design
If you’ve had showing after showing but still no offers, you may want to reconsider your home’s staging and decor. Though it is impossible to cater to every buyer’s tastes and preferences, there are ways to make your interior design cater more to the masses. The best rule of thumb is to keep things simple and neutral. Though you may love patterned wallpaper and colorful furniture, your buyers may find them gaudy and unappealing, giving them an overall wrong impression of your home.
Along with the decor, home staging also involves decluttering and de-personalizing your space. When touring listings, buyers want to be able to envision their lives in your home. However, buyers will only be able to picture themselves in your house if you rid your space of personalized items like framed family photos. If needed, store your items in storage while your home is on the market to de-personalize your home and leave the best impression on buyers.
While some buyers love a good fixer-upper, most would prefer their new home to be in a move-in-ready condition. If your home requires extensive repairs or renovations, buyers may see your listing as more of a project than a home. From chipped paint and loose doorknobs to outdated fixtures and appliances, selling a home is difficult when it’s in poor condition.
Though renovations and repairs can be expensive, there are several cost-effective strategies for upgrading your home. At the end of the day, optimizing your home for its next owner will ultimately increase its long-term value, which will help you attain stronger offers and sell your home quickly. So before listing your home, take care of any home improvements that could hinder your home from a successful sale.
Poor Market Trends
Before putting your home on the market, consider the market trends in your local real estate sphere. Sometimes markets can fall in the buyer’s favor, while other times, the ball may be in the seller’s court. Buyer-driven markets entail more competition among sellers, as these markets have fewer buyers and more listings. As a seller, you’ll want to list your home in a seller’s market, as this entails ample buyers and fewer listings.
While you may be eager to put your home on the market and get started, it’s best to wait for optimal market conditions. By listing your home during the wrong time of year, you could endure a stagnant sale process that seems to never end. Outsource an expert listing consultant to list your home at the optimal time.
Ineffective Real Estate Team
A solid real estate team is critical to selling a home fast. With an industry professional on your side, you can be confident in your selling decisions, from your listing price to your home staging. A good rule of thumb is to hire an agent who specializes in your market, as this professional will know all the ins and outs of local real estate trends and competition. At Mark Spain Real Estate, we have exclusive insights into some of the most popular markets in the southwest, including Atlanta, Dallas, Raleigh, Orlando, Birmingham, and more. When you trust in our expert listing agents, you’ll find it easy to navigate your local market and streamline your sale.
Selling a Home Fast with Mark Spain Real Estate
Are you interested in selling a home fast? The experts at Mark Spain Real Estate are here to help set your listing up for success. With decades of industry experience, our team of trusted agents will streamline your sale and ensure that it is hassle-free! And with our Guaranteed Offer Program, you can receive an offer on your home in only 21 days. Contact our agents today!
Buying A Home, Selling a Home