4 Reasons Why Your Home Isn't Attracting Buyers

Posted on: 8 March 2016

Trying to sell a house, apartment, or townhome that feels as though it has been sitting on the market forever can be incredibly frustrating. It is normal to wonder what you are doing wrong and why your home isn't selling. Here are some of the more likely reasons why people are not trying to purchase your home.

You Are Asking Too Much

The unfortunate truth is the current state of the real estate market dictates how much you can sell your home for. How much your home is worth does not matter if other sellers have homes very similar to yours for a much cheaper price. Fortunately, this does not necessarily mean you have to sell your home for a cheaper price. Your other options would be to wait until the condition of the market changes or do renovations on the home to increase the value of it.

It Requires Too Much Work

Requiring too much work is a reason connected to your home being too expensive. While there are buyers who prefer to buy project homes, this tends to be relative to how much the home costs. For example, if you have done work on the home and are trying to get your money back, you are probably selling it for more money than someone who is looking for a project home is willing to pay. In this situation, you would have to be willing to work with the buyer and knock money off the price, allowing the buyer to use the difference to fix up the house.

Your Photos Are Not Very Good

Potential buyers want to get a good idea of what the home looks like before they come see it in person. The number of pictures you have on the listing as well as the quality of the pictures are equally important. You should have clear and crisp pictures of each room of the house. Do not forget to take pictures of the exterior of the home as well.

There is Too Much "You" in the Home

When you are selling a home, whether a house, apartment, or townhome, you need to walk through it and ask yourself what you changed to fit your unique personality and style. For example, maybe you painted your bedroom walls neon pink, and you painted your teenager's room black. This was great for your family, but potential buyers may not like the colors. It is a good idea to go back to neutral colors. For instance, consider painting all the rooms white when trying to sell the home. This will give the buyers a blank canvas to look at. They can picture the walls being any color they want.

There is no harm in talking to a real estate agent or broker if you are having trouble selling your home and cannot figure out why. He or she would be happy to help you figure out what you could be doing to get the most out of the home you are trying to sell.