What Is The Difference Between A Flower And A Weed Problems Selling Your House? Here Are the Reasons Homes Don’t Sell

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Problems Selling Your House? Here Are the Reasons Homes Don’t Sell

If your house has been on the market for months without any offers, what could be the problem? Of course, when the economy is down, houses don’t move as quickly. But now the real estate market seems to be making a comeback. Many houses move very quickly. If you’re frustrated with the lack of interest in your house, you might want to consider the following suggestions.

Is your home competitively priced? Today, many houses sell quickly because prices are still low and interest rates are at their lowest. This is not a good time to ask for more than the actual market value for your house. Buyers have many options for a home and most couples will not overpay for a home—not even yours!

How will you know if your home is priced fairly? The method most real estate agents use is to compare your home to similar homes that have sold in your neighborhood. It is important not to compare apples with oranges. If your house is a ranch, you can’t compare it to a two-story house. Comparable houses should have approximately the same square footage and lot size, the same number of bathrooms and bedrooms, and should be approximately the same age and construction.

Often the houses that were sold did so at different prices. For example, your agent may tell you that one house sold for $200,000, while another sold for $250,000. When this happens, you should look at the two homes and compare other characteristics. For example, a more expensive home may have had a modernized kitchen with new appliances, new hardwood floors, and perhaps a finished basement.

A lower priced house may have had none of these. You might think that you can automatically set your house at the top of the price range. If your house has all the same new features, you probably can. However, if your house is more like a lower priced house, then you have to face reality.

Do you need to improve your home to increase the price? Yes and no. You don’t want to spend $50,000 on a new kitchen and finished basement if all you’ll get back is your initial investment. However, there are improvements you can make that offer you a good return.

Curb appeal is very important. Make sure your lawn is in top shape, mowed and trimmed. Flower beds should be weeded and freshly mulched. Shrubs and hedges should be trimmed and there should be no debris in the yard.

Fresh paint is an inexpensive improvement, but it will make a big difference. Also, make sure you deep clean the house from top to bottom. If for some reason you are unable to do this, spend a few hundred dollars and have the professionals come in and clean everything thoroughly.

If your house is priced right and everything is sparkling, fresh and clean, your house will sell. Before you get frustrated and do something rash, follow these few simple suggestions and then watch for any new interest as potential buyers view your home.

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