3 Reasons Why a House Isn't Selling

Have you ever driven by a For Sale sign and wondered, “That house has been on the market for a long time, I wonder why it isn’t selling”? You might have asked that question because you were worried the same thing would happen when you put your own house on the market!

Often a home doesn’t sell for one of three reasons:

1. The price is too high.
Sometimes a homeowner will set the listing price exceptionally high in the hopes of getting lucky. What happens instead, however, is potential buyers stay away. In today’s real estate market, a house usually sells at a price that is close to its market value. Fortunately, the current market value of your house – and, hence, its approximate selling price – may be higher than you realize. It’s worth getting a free market assessment.

2. The house doesn’t show well.
Sometimes a house is strategically priced for the market but doesn’t show well. It’s difficult for buyers to look past issues, such as clutter, and see the potential. In those cases, prospective buyers who view the property, don’t like what they see, and move on. If you put your house on the market, make sure it looks its best for prospective buyers. De-cluttering and having your house “show room ready” is something I will be able to help you with!

3. The listing is poorly promoted.
Clearly, buyers won’t become interested in a property if they don’t know about it. The listing must be promoted effectively, and that involves more than a For Sale sign. That is why all my listings receive the full listing package! When listing a property it is advertised on MLS, Realtor.ca, on our personal website (http://www.rogerlevesque.net/realestate), on my business Facebook page (https://www.facebook.com/rlpseanlevesque/;which has over 4,000 likes/followers) and other buying and selling websites around Victoria! With your property being listed on all these website it will never be missed! Not only will the property be seen, it will be done professionally with 3D Walk-thru, Professional Photos and Professional Floor Plans.

Want more tips on selling your house? Comment, E-Mail or call us!