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Wednesday 8 July 2015

Why Is Your House Still Sitting on The Market?

With so many articles and news stories about how the housing market in the United States is rebounding, it's easy to believe that you can sell your home in no time at all. The truth of the matter is that while there are more buyers looking to purchase than ever, these buyers are more discerning than ever. They are well aware of how serious a purchase they are making, and they want to be sure they are getting the right home for them. The end result of this is that unless the home you have for sale is picture perfect, you may find it lingering on the market for some time. 

The Top Reason Your Home May Not Be Selling 

If you received advice from a broker or potential buyers that your price was too high for the market, and refused to cut anything off the list price, it is possible that they are right and you are asking too much. Many people get caught up in the sentimental value of a home or the amount they have invested in upgrades and demand more than the house is realistically worth in today's market. This can lead to the home lingering on the market for some time, which will ultimately lead to a price reduction in the long run. If you've been advised that your pricing is too high, look at the recent sales of similar homes in the area and see if you may need to adjust your pricing. 

Don't Undervalue Curb Appeal 

If you're looking to make a quick sale, you may not want to put the time and money into improving the look of the outside of the house. But by neglecting the outside of a home, you are missing out on the potential value of the home's curb appeal. Investing a small amount in plants for the front of the home or a fresh coat of paint for the home and fence can really pay off, especially if it brings in a qualified buyer.

Don't List Before The Home is Ready 

If the home you are listing has many unfinished projects or repairs, wait until they are done to list the home. Even small unfinished projects can be a deterrent to potential buyers. If you want to sell house fast San Antonio, you have to ensure the house is in perfect condition, or as close as possible, to maximize your chances of getting asking price.

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