Top Five Things That Keep Homebuyers On The Fence
Are you having a hard time selling your home? Do you have buyers lined up but they’re on the fence?
The truth is home buyers need to go through certain processes before they decide to buy. If your home is not meeting those requirements, this could be the reason why it’s not selling. While price is important when purchasing a house, this is not the only deciding factor that buyers consider. They have to think about other factors too such as how it will affect their future finances, cost of repairs and maintenance and many more.
Below are top 5 reasons why your buyers may still be on the fence:
1. Too High Asking Price
Price is not the only deciding factor, but could be a huge factor especially if the property has a high asking price.
Real estate deals are some of the biggest financial transactions an individual can experience which could affect their future finances as well. This is why many buyers are on the fence. Their decision to buy a house at a certain moment can affect their financial standing for a long time. This is especially true if a property has a high asking price. The more expensive the property, the more time buyers need to decide.
Take a look at properties near yours to ensure that your house is priced at par with the market. Most buyers just want a fair price.
2. Too Many Repairs Needed
There are buyers who are looking for fixer-upper properties. However, there are also those who want something that is ready to move-in. If your property needs many repairs, buyers might not want to spend too much time and money making it livable. Make sure that everything is as ready as possible to ensure that buyers who are looking for a move-in ready property can do so with ease.
3. No Curb Appeal
Before putting up your house for sale, make sure that you take time to do some landscaping and yard work beforehand. You want to make a good first impression so your front yard needs to look as appealing as possible. Mow the lawn, do some gardening and pressure wash the driveway. If buyers think that your house looks good outside, it should look as good inside too.
4. No Staging
Speaking of the inside, it needs to be spotless and organized as well. Hire a professional stager or stage your home to help make your property attractive in the eyes of the buyer. Staging “neutralizes” the house so that buyers can imagine living in your space.
According to Forbes.com, staged properties sell 87% faster than non-staged homes.
5. Unattractive Listing Photos
Many real estate websites allow sellers to post photos of their properties to give buyers an idea of what the house looks like. Luckily, cellphone cameras are producing better images so anybody can be a photographer. However, unattractive photos of your home should not end up on real estate listing sites.
Make sure that photos of your property highlight the beautiful features of your home. Avoid uploading grainy or dark images. If you don’t know how to take pictures, it’s better to hire a professional photographer.
Sellers need to understand what buyers want. They also need to know what factors influence their buying decision. Learning about the behavior of house buyers can help you sell your home faster.
Need help in selling your home quickly? Call Gold Path Real Estate at 612-758-0071 to discuss your specific real estate situation today and find out about the options available to you.