If you’ve had your house on the market for months with hardly any showings or offers, it can be incredibly frustrating trying to figure out why it isn’t selling. Most houses sell within the first 3 months on the market if priced right, but why won’t my house sell? What gives? Here are 5 of the most common reasons your house might not be attracting buyers.
One of the biggest reasons your house won’t sell is that it’s overpriced. Even if you think your home is worth top dollar, homebuyers likely won’t pay more than the going rate for comparable homes in your area. Overpricing turns off prospective buyers, who will skip over your listing for more reasonably priced options.
A good way to make sure you’ve priced your home right is to work with an experienced local real estate agent. They can run comps on recently sold homes similar to yours and help you land on an asking price that entices buyers rather than deterring them.
Another reason your house might not be selling is that it feels dated or needs obvious repairs that buyers don’t want to deal with. Peeling paint, worn carpets, outdated kitchens and baths, neglected landscaping, and major systems near the end of their lifespan are all red flags to buyers.
Doing minor renovations like fresh paint, new flooring, and updated light fixtures can make your home more sellable. For major projects like a bathroom gut or new roof, consider offering a credit at closing so buyers can do the work themselves. This makes your home more attractive without you having to front the cash.
The way your home looks when buyers tour it can make all the difference. If your house feels cluttered, awkwardly arranged, or void of décor, it turns off buyers who can’t envision living there. Appointing your home with home staging makes it feel welcoming and move-in-ready.
Home staging doesn’t have to cost a fortune. Start by deep cleaning, opening up rooms by moving out excess furniture, letting in natural light, and using accents like fresh flowers and potted plants. Staged homes sell faster and for more money, so it’s worth the effort and small investment.
Maybe your home just isn’t getting seen by enough prospective buyers. In today’s competitive market, you might need a strong online presence coupled with exposure across listing sites. Make sure professional photos and a video tour are used alongside detailed descriptions highlighting your home’s best features. If not, you might still be left wondering again, “Why won’t my house sell?”
Ask your agent what they’re doing to market and advertise your listing. Have it shared across social media, included in email blasts to their database, and pitched to neighboring agents. Maximizing how many buyers lay eyes on your home increases the odds of finding one who wants to buy it.
You only get one chance to make a first impression on buyers visiting your home. If the outside of your home looks run down with little curb appeal, buyers may not even be interested in viewing the inside.
Things like peeling exterior paint, an unkempt lawn, dead plants, a cracked driveway, a cluttered porch, and an outdated front door can cause buyers to check out immediately. Upgrade the exterior and also make sure the inside is clean and free of bad odors when showings are scheduled. You want buyers to fall in love at first sight.
If your house has been on the market for longer than expected, take an honest look at these common issues that turn buyers away. Chances are your home is facing one or more challenges. But armed with this knowledge, you can make adjustments so your house shows at its best and attracts the right buyer quickly.