You put your house up on the market, full of optimism. However, your house has sat on the market for a while, and you are no closer to selling your Hopewell, NJ home. But why isn’t your house selling?
There are so many reasons as to why your house is failing to sell on the MLS. It doesn’t matter if your house is in poor repair or looks brand new, some situations make selling your home far more complicated than it should be. Read on to learn more about the common obstacles people face when selling their Hopewell, NJ home.
Not Selling for the Right Price
There are some cases where real estate agents decide to list your price for what buyers may consider “too high” for the market, meaning that you are stuck with your house still on the market because either people won’t look at your home or because when they do come to your home, they think it’s overpriced. The price is easily one of the common reasons why your house isn’t selling. If you work with a Hopewell, NJ real estate agent, do your research to be sure that they are offering your home for a reasonable price.
Housing Market Is Flooded
Have you noticed that there are several homes comparable to yours on the market? It’s hard for your home to get the attention that it needs to sell in a flooded market. What this means for you is that you’ll need to invest more in marketing your home if you want it to sell instead of sitting on the market.
House Needs Work
Does your house need a great deal of work? There is a market for fixer-uppers as people love the opportunities this offers them. They can get a cheaper house and invest that money into making it their own. Unfortunately, there are a lot of people in the market who want a turn-key property. When you use a direct sale with Savannah Properties NJ, you don’t have to worry about the repairs and upgrades that you’ll need to sell your house.
Tenants Living on the Property
Another common problem with trying to sell your Hopewell, NJ house, is that you have tenants living on your property. Tenants can be challenging to work with when showing your property, and they will often be less cooperative because they don’t want to go through a move.
Bad Neighbors
Experts recommend buyers drive through neighborhoods to get a feel for the surroundings. However, when you have bad neighbors, this can negatively impact your ability to sell your home. When you are trying to sell your Hopewell, NJ home, and potential buyers hear neighbors who are yelling and fighting or have trash all over their yard, it can turn off potential buyers. Unfortunately, this is a problem that you can’t do anything about, which is why you should consider a direct sale.
Stagnant Listing
The longer the house sits on the market, the less appeal it has to the buyer. Buyers will wonder what’s wrong with the property, with it being on the market for so long. As it stays on the market longer, it gets lower on the MLS. If your Hopewell, NJ home listing is about to expire, you may want to consider a direct sale with Savannah Properties NJ.
Has your house been wasting away on the listings without any success? Maybe it’s time to contact Savannah Properties NJ to see how we can help.