Why Is My Listed Property Not Selling?

Selling your property, especially if you have not done it before, can be surprisingly time consuming, and emotionally challenging. You will find yourself putting up a price and only to find out that the market value of your property has decreased after several years. you will also find the need to fix up the house, and do minor to major renovations to increase its value, and thereby selling it at a higher price. Whatever the home or property that you are selling, you might also consider putting it up on property listings for sale. Here are some of the factors to consider and get you listed property to sell.

Poor Property Condition

Apart from preparing your home for sale, consider its condition. Perhaps you should consider adding updates or doing repairs before selling.  Check out the competition in the area. Check out the listed property that are up for sale in your community or city and you have to keep in mind that your goal is to outshine those and make your property attractive to potential buyers.

Not Enough or Badly Shot Photographs

Some buyers check out the photos of the listed property even before they try to establish communication. It is best you  take quality photos or hire a professional photographer to take the photos for you.

Unreasonable Pricing

Avoid overpricing the listed property, examine the sold comparable sales. Adjust for square footage, if necessary. If your home has a bad layout or is located in bad location such as next to a school, on or near a busy street or bordering a liquor store, you’re not going to get the same price as homes with a good layout and in a good location.

Hired the Wrong Listing Agent

You may also want to hire and work with a trusted agent who is competent, experienced and honest. There are a variety of ways to find an agent. The easiest way is through referrals from friends and family who have sold their property or bought a property with the help of the agent. Make sure that the agent that you hire is comes from a reputable real estate company and has his/her profile up on the company’s website or agent listing as well. This will give you the peace of mind that your property will be listed on their property listing.

Even if you make sure to do these things when getting you listed property to sell, it’s best to mentally and financially prepare yourself for less-than-ideal scenarios.