You had high hopes when you put your home on the market. Everything was fixed up and upgrades were made to attract buyers. You agonized over each minor detail and made sure your home was immaculate. But now the expiration date on your listing has come and gone and the house is still firmly in your possession. Why didn’t it sell the first time around?
While there is no way to know with 100% certainty why your listing fell through, you can begin by looking at some of these common reasons that homes don’t sell before you attempt another try.
The Condition Wasn’t Up To Par
It can be tempting to sell your home as-is, with possible dings in the wall here and there, or red wine stains in the carpet from a dinner party in 2012. After all, you can knock a bit off the asking price and they can take care of it!
The problem is that a lower price means nothing if your home is lacking in attraction – especially when compared to other homes for sale in the area. Remember that Park City is a luxury housing market. When buyers see the price point on your home, they’re going to have high expectations from your listing.
Whether your house needs some landscaping, a new coat or paint or some serious renovations, it is worth getting it done before listing again. Jensen and Company has an excellent eye for these things. We can help you analyze what still needs work and if the investment will be returned in the sale.
The House Isn’t Staged To Sell
Staging can have a huge effect on potential buyers as they walk through your home. Consider hiring a professional staging company to come in and reorganize things a bit. They’ll focus on removing clutter and arranging furniture to show off the most efficient use of space in your home. They’ll also take things out of the home that will affect the buyers’ ability to see past your things and your living space to imagine it being a space all their own.
The Price Was Too High
Considering the price you bought your home for, the current rise in the Park City housing market, and all the upgrades you’ve made to improve your home, figuring out a fair selling price is a tough game. Though you might see your home and all the investments you’ve made to be worth a certain amount, others might not agree. Working with an experiences Park City realtor like Jensen and Company guarantees a fairly priced home to sell.
The Agent Is All Wrong
Sometimes it comes down to the agent you use when trying to sell your real estate. They might not be bad, but they may not be right for you, your home, and the surrounding area. Brad Jensen has successfully sold real estate in the Park City area for over 30 years. His ties to Summit Sotheby’s International Realty offers more marketing tools and a larger audience. You can trust his team’s experience as listing agents to find the best buyer for your real estate.
Find out more at Jensen and Company.