REASONS YOUR HOME WOULD BE HARD TO SELL IN EL PASO
It’s not only inconvenient to have your home on the market; it’s also likely costing you money. The bottom line is that the longer a listing is on the market, the more likely it is to sell for less than the asking price. As a result, any day that your home remains unsold, it will, statistically, sell for less. If you are trying to sell your property but are not able to, here are a few reasons why.
Going Through The Wrong Real Estate Agents
Real estate agents often make it harder to sell their house. Real estate agents need to sell your house at as much higher price as possible so they make a higher profit. Today’s buyers are much more savvy than old ages. They do their own market research and know what a property price might be. They can see right through a real estate agent’s lies. If your real estate agent is becoming more greedy and giving them false information, pitching the sales at a much higher rate than the market price. Also, some real estate agents just don’t have the experience or skill set to sell a house that you want to sell.
Your House Is Not In The Best Condition
If your house is old or you have inherited a house that is not in the best condition. A house that has poor roofing, unkempt landscape, old siding, unpainted walls, dirty, and simply not well kept. It might need a lot of renovation to look good, and be presentation for a potential buyer. Not even real estate agents can sell a house that is in bad condition. You will have to put an investment into renovating, painting and cleaning the property for it to sell.
The Price Of Your House Set Too High
If it’s not the condition of the house that is preventing the selling, it’s always the price. When it comes to why a home isn’t selling, price is almost always the deciding factor. Pricing a home too high is a common mistake: nearly half of agents said avoiding the urge to overprice is the most difficult challenge sellers face. It’s difficult to figure out how much a house is worth when it’s time to sell it. There are several ways to slice the data to calculate the fair market value of your house. Although data from comparable home sales in the region is significant, the expertise of a top agent can be invaluable when developing a pricing strategy. How do you know if your house is overpriced? If you priced the home yourself, seek advice from a property expert. If your asking price is too high, a property expert should be able to tell you right away.
Bad Curb Appeal
Curb appeal is similar to staging the exterior of your house. It’s an old adage in real estate, but the first experience a buyer has of your home is crucial. People would be turned off by an unsightly yard or a dilapidated exterior. When anyone approaches your door, the last thing you want them to think is “fixer-upper.”