When it comes to selling a home, a lot of homeowners want to sell as quickly as possible. This is understandable; after all, the longer your property stays on the market, the harder it becomes to sell and the more it will end up costing.
Many home sellers are blinded by the emotional connection they have with their homes and don’t realize the house itself may not be ready to sell. If it’s not prepared to sell, there’s a pretty good chance it won’t. Here are a few things that can lead to listing an unsellable home:
- Code violations: If a home is not up to local building code standards, it could be difficult and expensive to get the home up to par. This can be a major issue for potential buyers because code violations can result in hefty fines or even property condemnation. Anything from an unpermitted DIY (do-it-yourself) addition to an in-ground pool installation could have a code violation and make the home difficult to sell.
- Inadequate curb appeal: Sometimes, a home’s appearance can be its own worst enemy. If your home is unkempt and doesn’t have much curb appeal, it can be a major turnoff to potential buyers. A buyer’s first impression of any home is often the most important, and if it’s unattractive from the outside, then it may be hard to entice buyers to schedule a time to look inside.
- Overpricing: In some cases, a home might be on the market longer simply because it’s priced too high. This is why it’s important to work with a professional real estate agent who can help you determine the right price for your home based on its condition and the current market.
- Unaddressed repairs and maintenance: A house with multiple repair and maintenance issues is likely to be an unsellable home. Most buyers won’t buy a home with serious issues. Even minor problems can leave a bad impression on buyers. After all, if it’s obvious a house requires minor repairs and maintenance, who knows what kind of major problems lie hidden beneath the surface?
These are a few of the things that cause an unsellable home. For more advice on selling your house, be sure to contact us at Randy Lindsay today.