While many homes are being snapped up on day one, this does not mean you can avoid the basics of good marketing, professional photos, and open houses.
Overpriced
In a seller’s market, home prices do advance, but a dramatically overpriced home will still sit unnoticed.
Appearance
With low inventory, homebuyers will compromise on some issues, but properties in need of major TLC or extensive deferred maintenance will not hold mass appeal.
Title Problems
Title issues are more common than you think. Old judgments or messy probate can take time to resolve and in a fast-paced market, buyers will often just move on.
Stinky
Smelly homes simply do not sell. Fortunately, there are professional options that can eliminate most odors.
Wrong Agent
The hard truth is that in a seller’s market, some agents just do get not right for you, assuming the home will sell without much effort. Your agent should still be doing all the right things – open houses, listing pictures, follow-up, and personal showings.
A seller’s market is exciting for homeowners ready to move. If your listing is just sitting without much activity, it is time to take a hard look at what you’re doing wrong and make changes.