Why You Might Be Having Trouble Selling Your House



If your house has been sitting on the market for months together with no prospective buyer in sight, you might be going about the sale the wrong way.

Firstly, avoid over pricing. Expect to get what the house is worth today, not what it was worth a few months or years back when prices might have been higher.

Next, evaluate the physical state of your house just as if you were a potential buyer. Keep in mind that buyers expect near-perfect conditions for the house so that they can move right in without extensive refurbishing.

Another reason a house won"t sell is poor location. If the neighborhood is messy or the crime rate is higher than average, the house will be a tough sell. Also, if the local schools are not of a very good standard or the noise and air pollution levels are higher, you might have trouble finding a good price. In such a situation, you might have to quote a lower price than a similar house in a more desirable area. It might help, however, if you offer additional sops to the buyer like owner refinancing.

The temperament of your listing agent is another causal factor. If your listing agents is rude or overbearing, he might attract fewer buyers because few buyer"s agents want to work with someone with an off-putting temperament.

Lastly, it is always advisable to allow the agent to put a lockbox on your door so he can show the property to buyers as quickly as possible. thereby ensuring a better and quicker sale for you.

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14 Oct 2008 15:48:09

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