Has your house been sitting on the MLS day after day without any action? Are you getting desperate to sell your house quickly and frustrated that your real estate agent doesn’t appear to be doing anything? It happens quite often, and there are usually similar reasons why it isn’t generating the interest you would like to see. In our latest post, we will help you figure out why your house isn’t selling the traditional way in Fayetteville and what you can do about it.
Terrible Listing
A listing can be bad in several ways. The biggest one we see is bad pictures. People don’t want to see other peoples clutter plain and simple. While you might be able to remove all of your possessions for the photos, at least do a good cleaning! We have seen people use photos with piles of laundry on their beds and dishes in the sink. Make the effort to get your property in the best condition for your listing photos. You see it time and time again… bad photos can ruin a houses chance of being sold.
The listing can also be bad if it has a poor write up that doesn’t appeal to buyers. The listing needs to clearly describe the house without sounding phony or like all the other listings out there. The listing needs to quickly make your house stand out over all the other properties that are for sale. It should capture attention while clearly outlining what to expect with the property. With a direct sale to Bright Buys Real Estate, you won’t have to worry about bad listings or even having to market the property. We will buy it as-is, mess and all. No real estate agent is involved to muddy the water.
Incorrectly Priced
While most agents will be honest about what your house will sell for, there are others who will inflate the asking price in order to get you to sign a listing agreement. Do the research yourself and get multiple options as to the value of your house. Look at what other homes have sold for recently, not just ones that are currently listed. Do not compare to sale prices from last year as rising interest rates have resulted in prices beginning to drop. Factor in the repair costs, and be objective in your pricing. When you list too high, the property will sit there, eventually having to be lowered in price which wastes time. This will push your listing to the bottom and make people wonder if there is something wrong with it because it has been on the market for so long. If it sits on the MLS for any period of time, the amount you are paying taxes, utilities, insurance, and maintenance can add up. By selling your home quickly, you will be able to keep a considerable amount of cash in your pocket. We can buy your house with cash quickly in as little as 2-weeks!
Needs Work
Most people are looking for a house that is ready for them to move into. Moving is hard enough and if they are planning on living in the house right away, the last thing they will want to deal with is a massive renovation or project. One way to get around this is to offer a credit for repairs. This can grab people’s attention as they will have the freedom to customize things as they would like. To avoid having to spend your money making repairs or offering buyers a credit, consider selling your home directly.
A Bad Agent
While there are many excellent agents out there, not all of them are as great as they would like you to think. Some are inexperienced and will give you poor advice. Others will not know how to properly market your property. And others will simply be lazy and not respond to potential buyers in time. Many sellers kick themselves for signing a listing agreement with an agent, then ending up having to do much of the work themselves… still having to pay the agent’s commission. With a direct offer from Bright Buys Real Estate, there are no contracts. We make you an offer and you decide if its right for you. There is never any obligation. Not to mention you won’t be on the hook to pay agent fees (currently around 6%)!