Let me start by saying this, every neighbourhood is different and every house is different. Some towns can sell lightning-fast while others seem to move much slower. The best way to identify your town or neighbourhood’s average selling time is to ask your real estate agent to walk you through an up-to-date market report. If your house has been on the market longer than that period of time it might be time to ask yourself why your house is not selling. It is likely one of the following reasons:
- The Price Is Too High
- Your House Is Unique
- Your Staging or Photos Aren’t Cutting It
- You Haven’t Addressed The SUPER Problem
It’s okay to admit you think your house is perfect. But if you’ve had 10 showings and are receiving negative feedback on the same things it might be time to admit there may be a problem. If a problem has been identified DO NOT IGNORE IT! Do not hope and pray a buyer won’t notice it or won’t care, because they and their agent will. If it’s been a turn-off for buyers already it will continue to be until it’s fixed.
The number one way all of this can be avoided is by openly communicating with your real estate agent. Seriously! Before you gut your house, talk to your agent about the resale process and work with them to collaborate on listing prices, renovations, staging and more. After all, they’re the pros at making your space sell!
The last thing to remember is it might not be your house or your agent, but it could also come down to timing. If the market isn’t moving, consider holding off to sell when it picks back up. But again, you’re never in this alone! Your agent’s got your back.
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