Why do some homes sell right away? Why do some sit on the market for months at a time? And why isn’t your house selling? In our latest post, we will help you to consider some reasons why your house isn’t selling, and what you can do about it!
Selling a home takes work. It is only when a price, a property and a buyer all lineup that you are able to achieve a sale. To make this happen as the seller, you need to take a good look at your home and the price you are asking.
Why Isn’t My House Selling in Minnesota
Asking to much
Many home owners fall pray into thinking their house is worth more than it really is. You should have someone else give you a appraisal and see how it stacks up with your asking price. If your price is considerably over what the appraised value was you should consider lowering your asking price immediately to a more realist value.
If you need to lower the price of your house, it will be visible to potential buyers viewing your property on the MLS and other marketing sites. If you lower the price over and over, you will make people think there is something wrong with the house. SO BE REALISTIC WITH YOUR ASKING PRICE
House is a Mess
This one is pretty straight forward. If people walking through your house have to step over your moldy pair of 2 week old socks and look at the poo streaks in your toilet I have a strong hint that that might be your problem!
Things to clean before showing your house:
- Dust Furniture
- Wipe windows
- scrub floors
- vacuum carpets
By doing this you are reminding the home owners that your home is not a landfill but yet a great place to start and raise a beautiful young family.
You Aren’t Able to Compete
Thinking about listing in Minnesota? Do you know what you’re up against? Take a good look at properties for sale in your area. Know what your neighbors are asking for their homes, and what comparable houses have recently sold for. Check out listing sites as well as your county appraiser. Don’t look at what people are asking, look at what houses are actually going for. You should also know the demographics of potential buyers. Are there a lot of families? Make your yard conducive to outdoor fun. Young professionals? Think of showcasing an area as an office or gym.
It Needs Work
Honesty is key here. There are things you might have been overlooking for so long, that now they just seem normal. Get an outside opinion on what repairs should be made. Ask friends for candid opinions. Ask your agent. And consider doing an inspection on your own. Fixing the things in need of repair will improve your selling chances, and lower your potential buyer’s bargaining power over repairs.
This is a HUGE one. You need to remember people now a days don’t look in the newspaper to find a new home. They all use the wonderful world called the Internet. With websites now a days like Redfin, Zillow, Trulia, and of course Minnesota Home Brothers 😁 it is important to have impeccable pictures of your house. Remember you have to get the buyers to your house first in order for you to receive a offer on your house and by having quality pictures you will have the best chance to get customers through your door. First Impression are Everything!
Your Agent isn’t Doing All They Could Be
This is most likely part of your problem, some agents just list your house on the MLS ( Multiple Listings Service) and then sit back and relax. Make sure you have a go getter of a agent that will be out there searching for potential buyers for you.
Some agents will do the bare minimum and cross their fingers for a sale. They might have gotten their license in hopes of making a quick buck. Then there is Minnesota Home Brothers. We are real estate professionals that genuinely want to help people! We believe everyone should love the real estate they own.
It is very difficult to sell a property with liens or other title problems. Maybe your great aunt gave you the property, but it was never properly put in your name. (AKA, transfer without conveyance.) To sell a property in Minnesota do whatever you can to clear this up before you list.