Why Won’t My House Sell?
If you recently listed your home for sale and can’t seem to find an interested buyer, there are several possible reasons why you might be having a tough time. Your local real estate market could be slow, your pricing might be off, your property might need a few renovations, or you might just be in an undesirable location. If you’ve been asking yourself, “Why won’t my house sell?” you’re definitely not alone, and our team at We Buy Houses Las Vegas is here to help.
Let’s take a look at the most common reasons houses fail to sell and what you can do to solve your problem.
The House Needs a Few Improvements
Did you list your house in a rush? Then there’s a good chance it could use some TLC to make it more attractive to prospective buyers. If there aren’t any structural problems with the home, you can probably get by making a few cosmetic improvements just to spruce things up a bit.
You don’t have to spend a ton of money or time freshening things up. Even devoting just a few days to making improvements can make a big difference in the amount of interest your property generates. What should you focus on fixing up? Here are a few ideas to get you started:
- Improve your curb appeal by touching up exterior paint, pressure washing, tidying up the yard, cleaning the windows, and planting some fresh foliage.
- Repair visible cosmetic blemishes like paint damage and replace worn fixtures, doorknobs, switch plates, etc.
- Inspect the entire house for cleanliness and perform a deep clean. Alternatively, you can hire a cleaning team to tackle the job for you.
Your House Is Overpriced
If your home is in great condition, and you’re still not getting any bites, chances are your listing price is simply too high. In fact, price is the number one factor that slows down home sales, so if you’re unsure whether your home is appropriately priced, you should speak with a knowledgeable realtor ASAP.
Even if you arrived at the current listing price by comparing data from sales of comparable homes in your area, your pricing might still be off. It’s in your best interest to seek the advice of an experienced realtor who can evaluate your entire property and suggest a price point that will allow it to sell quickly.
It’s Currently a Buyer’s Market
If there are tons of homes listed and not many buyers, the current state of the real estate market may be the reason your listing is going stale. When buyers have a plethora of properties to choose from, sellers really have no option but to wait things out. If this is the case, and you want to sell quickly, you can try lowering your asking price to attract more buyers, or you may want to consider selling to a cash home buyer/home investor.
You’re Not Marketing Properly
If your home is priced appropriately, it’s in great condition, the real estate market is booming, and the property still isn’t selling, marketing is likely your problem. If your marketing strategy is ineffective, buyers may not even know your home is for sale, so of course they won’t be attending open houses or scheduling private showings.
Whether you’re selling FSBO or with an agent, having a strong marketing plan is imperative. A few red flags that you need to bulk up your marketing include:
- You can’t find your listing when you search for it on Google.
- Your home isn’t listed on popular real estate sites like Zillow, Trulia, realtor.com, or Redfin.
- You haven’t booked any showings.
- Your agent hasn’t had any interest from local buyers’ agents or independent buyers.
The Home Is Poorly Staged
If you’ve shown the house several times and still aren’t getting any offers, staging might be your issue. Any realtor will tell you that a staged home is not only more likely to sell, but it’s also more likely to sell for a higher price. If you want your house to fly off the market at a pricepoint you’re thrilled with, heed these staging suggestions:
- Remove your personal clutter.
- Keep your house impeccably clean.
- Touch up your decor (throw pillows, rugs, temporary furniture, etc.)
- Touch up worn paint and finishes.
- Swap out outdated fixtures for more modern pieces.
- Keep your home smelling nice but not overwhelmingly scented.
- Keep the curtains open to showcase the home’s natural light.
Ready to Sell Your Las Vegas House?
If you’ve been trying in vain to sell your Las Vegas home, it may be time to consider selling to a cash home buyer! At We Buy Houses Las Vegas, we have the capital on hand to purchase your home for cash, and we’re ready to make you a fair cash offer no matter what kind of condition your home is currently in. To find out what we can offer you for your Las Vegas-area home, give us a call today at 702-246-2000. Or, feel free to fill out our contact form to request a cash offer, and we’ll be in touch with you right away to get the process started!