Friday, August 24, 2018

What Are Your Best Options When You Can't Sell Your House?

By Peter Anderson


You're already sunk a great deal of time and money getting the word out, only to end up being stuck with an unsuccessful listing. You're now at pains to figure out what it is you did wrong while prepping for the sale. Frustrating as your situation is, it's one that dictates exploring the other probable options for when you can't sell your house Walpole Massachusetts:

Refresh Your Photos: It could be that the reason your house can't find buyers is your photos not being up to scratch. No seriously -- if they aren't showcasing your home's best features, why would someone bother to come and view it? Consider swapping them with fresh, better-lit images, of course making sure to reword the description while you're at it. It may also help to bring in a professional photographer this particular time.

Hire a New Realtor: It may just be that your current agent isn't as good as their credential suggest. Or that they don't have much experience handling cases like yours, and are therefore a bad fit for you. The point here is that a fresh perspective and skill set could be what's needed to fast-track the sale.

Lower the Price: There's no point hanging onto a price dream if the months are going by and no offers are coming in. Even if you are willing to negotiate, not many people will take interest if they think your property is priced unreasonably high. And there's no shame whatsoever in lowering your asking price -- think of this as a way of inspiring confidence in the eyes of potential buyers.

Relist Later: Sales volumes in most real estate markets vary hand-in-hand with temperature levels. For your case, this means that now might not be the best time to sell. Chances are that the start of your listing period coincided with that of a slump. It may be worth taking the house off the market for a while as you wait for buyer activity to pick up.

Roll up Your Sleeves: Chances are that you've received some feedback about what people don't like about your home. From a buyer's point of view, this would be red flag suggesting that your house isn't in a 'move-in' condition. So don't be shy about rolling up your sleeves to make the relevant improvements. The only rule of thumb here is to avoid overcommitting.

Rent Out Your Home: Perhaps you'd already made plans to move out before putting your property on the market. If so, why not rent out the place and make money in the meantime? This would particularly be helpful if you're having a hard time coming up with the mortgage payments. The arrangement will obviously involve a lot of work and, as such, you'll want to consider the prospect of outsourcing it.

Wondering why your house is still on the market months after you put it up for sale? This shouldn't be a cause for despair -- as you can see, you aren't out of options as yet. The sooner you start exploring them, the better off you'll be going forward. It goes without saying that you'll want to keep the place ready to show at all times.




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