It can be a bit frustrating to sell your home however, no one is interested. A “For Sale” sign in the yard may not be an immediate signpost to potential buyers who have cash on the bank. The market for real estate changes from year to year, and even from month to month the sales of homes are dependent on numerous factors that go beyond demand and supply.
The National Association of Realtors states that 5.34 million homes were sold in 2018 across the nation. However, not every house is sold. This failure to sell is often due to the current market conditions, or problems with the condition or location of the home. In such situations, cash home buyers are the best solution to sell a home more quickly then traditional means. We buy houses for cash companies will typically pay cash for homes in their current unrepaired condition, and close the transaction quickly.
What is the biggest obstacle to a home selling? There are many reasons that could be long and could include:
- Price (overpriced for the market)
- Neighborhood concerns
- Many other “better” homes nearby also available for sale
- It needs repair or updating
- Overall appearance isn’t appealing.
The longer you keep the property on the market the more difficult it could become to get it sold. In the U.S., a house that is for sale is sold within the shortest amount of time, 68 days. What’s wrong with your home? Let’s look at what you can do if your home doesn’t sell. The first step is to attract serious buyers to buy your home and then making sure you get the sale.
Improve Your Home’s Curb Appeal
First impressions matter. If a house that is for sale doesn’t have curb appeal typically, it takes much longer for it to be sold. Make it more appealing by implementing these simple ways:
- Mow your lawn, take out all weeds and trim the bushes
- Get rid of any debris or junk off the driveway, front lawn or porch
- Include the pot (or more than two) of flowers that are fresh for an extra splash of bright color
- Add a welcome mat to the place.
- Clean the porch (especially getting rid of any cobwebs)
- Replace broken light bulbs
- Repair or replace damaged or outdated house numbers
- Replace or paint the door in front
- Furniture that is clean and fresh for your front porch. include brightly colored cushions
- Clean front windows
Remember that Less is More – De-Clutter
Even a house with a tiny area can appear larger if it’s clutter-free. This is a chance to sort through personal possessions and choose which ones could be donated, tossed away or stored for storage or even sold to earn cash. It’s much easier for prospective buyers to imagine themselves living inside the home in the absence of your personal possessions and photos of family members.
It is important to clear shelves, bookcases, and tables. If the surfaces are clean and the space feels more spacious. The rental of a storage space could be an option for you if there’s not enough space to store the items you’ve packed.
Are Renovations Warranted?
If you’re thinking about the reasons your home isn’t selling, you need to determine if home renovations could be the best option to draw buyers. Certain homes require renovations due to they pose dangers to health or safety.
But, some may require just minor repairs to modernize and improve the look of the house. Certain improvements will give the most value for resales, such as replacing the garage doors and entry door, both of which can improve curb appeal.
Update Your Listing
After you’ve enhanced the curb appearance, cleaned, decluttered and finished any improvements, it’s time to update your listing. Include new photos and be sure to share the information on social media profiles.
Price for the Current Market
If your price for listing is excessive for the local and current market, that could be the reason for not selling. Take a look at similar properties in the area that have recently sold and set the price according to their value. The house may be sentimental value to you, however, it’s not appeal to buyers, and they’ll pay less for the sentimental value.
Selling a house will take time, costs money, and create anxiety. It is time to let We Buy Houses Minnesota solve the issue of selling a house that is difficult to sell. Through We Buy Houses Minnesota, you will receive a quick cash offer, and there are no closing costs or charges. We Buy Houses Minnesota handles all paperwork, so you can rest assured that professionals are working on your behalf.