You have listed your home, are ready to make the move, and are now just waiting for the right buyer to come along.
But what happens when weeks and months go by and you are still waiting? If your home has been sitting on the market with little activity or offers, it might be because of one of these five reasons:
1. The Condition
Is your home really ready to be viewed? If you have listed your home without preparing it first, you could be losing many potential buyers. Cleaning, decluttering, staging, painting, and completing minor repairs all have a big impact on the success of a home sale. You may not notice the smells, outdated furnishings, or missed potential of your space, which is why the help of a stager is so important. They can help you transform your home so that it truly looks its best.
2. The Market
In Toronto, there are seller’s markets and there are buyer’s markets. A home can sell at any time of the year, but listing at the right time can often be the key to a quick sale. Putting your home on the market in the spring or fall will usually attract more buyers, and quite possibly multiple bids.
3. The Photography
The first impression your home makes is incredibly important. When a prospective buyer sees pictures of your home, whether online or in print, they will immediately decide whether or not it is a contender. If your photography is pixelated, low-quality, or doesn’t include convincing selling features, buyers may skip your listing altogether.
4. The Price
If you have overpriced your home in hopes of attracting a higher offer, you may just be doing the opposite. Listing your home well over market value can scare away serious buyers who, if the property was listing correctly, might have put in an attractive bid. A properly priced home will bring in a higher amount of buyers who see the home’s true value.
5. The Realtor
At the end of the day, it might just be that you have chosen to work with the wrong Realtor; an inexperienced or unprepared real estate agent won’t be able to provide you with the proper service needed to sell your home quickly. When you work with me, I use my years of expertise and industry insight to ensure that you get the highest selling price for your home in the shortest amount of time.
If you would like to learn more about how I can help sell your home, get in touch with me today.