Things to consider if your home is not selling

Everyone has their own reasons as to why they want to sell their home. And mostly, people want to get done with it, as soon as possible. But if you don’t plan before selling your home, the process can be extremely challenging. 

Selling your home is not an easy task nowadays as the Canadian real estate market has taken a dive in 2022. It requires a lot of time and gets emotionally exhausting too. You’ll feel a bit relaxed once your house is ready to be listed for sale. But not getting buyers immediately can make you feel disappointed. 

However, you need to step back for a while and re-evaluate your house. Maybe your house isn’t attractive to the buyer or maybe, it isn’t reaching out to the buyers as it should. Thus, here are some things that you need to consider. 

Whether you're selling your home yourself or with a real estate agent from Canada, strawhomes.com has a few strategies and a few things to consider below. These tips will help you make your home more appealing to buyers.

Prepare your home for sale
It's important to prepare your home for sale whether you're selling it for the first time or not. Cleaning, repairs, and staging are examples.

Clean your home before selling it. Household chores include vacuuming, dusting, and sweeping. Clean door handles and baseboards. Remove carpet stains.

Decluttering is important when selling a home. Donate unused household items. Bathroom and kitchen cleaning, too. Clean the sink, faucets, and garbage disposal.

Remove religious and personal information. This can distract buyers. Remove family and collection photos. This helps buyers envision their own belongings in the home.

Make your home appealing to buyers to get top dollar. Staging the home can help. Staging includes decorating, painting, and furniture rental. Staging costs hundreds to thousands of dollars.

Declutter your Property

De-cluttering can be difficult, especially when selling a home. Decluttering your home is the best way to increase its value. It will speed up the process and save you time and headaches.

Decluttering isn't just removing clutter. Also, make your home look good. Clutter can hide mould and wall cracks, so remove it. De-cluttering creates more space.

Potential buyers want to see your home's best side. They want to imagine living there. They want to know about the owners. A clean home helps. Consider hiring a pro to stage your home for sale. Help goes far.

Stage Your House

Whether you're selling your home or simply want to make it more appealing to potential buyers, you might want to stage your house. This is an inexpensive way to make your house look more inviting. But, there are also some disadvantages to staging your house.

Staging your house can make your house look better in photographs and give potential buyers an idea of what they will be living in. However, it can also add stress to your selling process.

Staging your house means removing the personal touches you might have picked up over the years. These can include family photos, religious icons, and hobbies.

When you stage your house, you might also want to add accessories to pull the entire room together. This includes soft candles and fresh flowers in vases.

If you want to sell your home quickly, you may want to hire a professional stager to help you. A professional stager can help you declutter your home and make suggestions on how you can improve your home's appeal.

However, you can also stage your house yourself. The first step is to pack up your seasonal items. You can also add some new throw pillows and fresh flowers to the living room.

Increasing The Curb Appeal of your home

Increasing the curb appeal of your home can boost its value and help you sell your home at a higher price. The first thing prospective buyers see is the exterior of your home. You can create a good first impression with a few inexpensive tips.

One of the simplest ways to increase the Curb Appeal of your home is to get a new front door. A new door will look better, and will also lock securely. It is also a good idea to make sure that the door opens properly.

You can also add a little color to the outside of your home by installing a window box. Adding solar powered string lights can add a unique feature. Lighting can also make your home more visible and safe.

Landscaping can also add a bit of curb appeal. It can add up to 14% to the resale value of your home. The right plants can add a touch of whimsy to your yard. Choose plants that are popular in your area.

Another easy way to increase the Curb Appeal of your home in no time at all is to replace your mailbox. You can do this on a weekend and save money in the process.

Analyze Your Market

If your home isn't selling, analyze the market. It will help you better understand your market, serve your customers, and reduce business risks.

Use the right tools to determine your property's value. Online research resources abound. Use Census Reporter, Google Street View, or the county assessor's website.

Census Reporter has city and county data. You can use it to compare home prices. The area's economic history is also available.

Comparable square footage, bathrooms, and bedrooms can be compared. Recent sales and expired listings are also available.

Pricing your home correctly is crucial to selling it. Some sellers overprice their homes. Others cut prices to sell fast. Ultimately only you can decide what your intentions are with your home.

Reassess the Price:

You won’t be able to attract buyers because of the price. Overpriced homes do not sell. But this certainly does not mean that you have to underprice your property either. Always set a very realistic price. If you have hired an agent, they will help you set the accurate price, according to the market. 

Hire a Real Estate Agent

Hiring an agent seems like an added expense and it is. Agents aren’t cheap. But at the same time, they are well-capable of generating buyers for you quickly. They also deal with potential buyers, certifying that they bag the best deal for you. You want to sell your home quickly and for the most money. Choosing an agent requires research.

You can search online, ask friends and family, or ask other sellers for agent recommendations. You can also use an agent finder.

A good real estate agent has sold homes before. They'll price, negotiate, and sell your home. They can answer financial, tactical, and housing market questions.

Personal style is as important as experience. Ask your agent about his work style and personality during the interview. Ask about his past clients.

Compare agents' marketing strategies to find the best overall selling. Try never to compare the pricing they evaluate your home at because only the market can determine this.

Look for Home Improvements:

Sometimes, getting your house to sell requires you to improve it. Many buyers do not invest in a house that demands a lot of improvement. 

For example, are the cabinets looking too old? Are your walls chipped? Are bathroom fixtures too visible? If yes, then your home won’t sell easily. You must improve its condition first to make it attractive for buyers. Make sure that the forefront elements of your home are well-kept. Nobody will invest in a house that requires a complete paint refresh or more.

1. Visuals Matter

The photos that you put up have a huge impact on buyers. This is why real estate photography has trended largely in the last few years. Getting high-quality, crisp images of your home is salient to make it sell. Buyers will scroll through the photos before they come in to have a look at your home. Thus, invest in good visuals. 

2. First Impressions

The first impression is the last impression. Therefore, invest in the exterior of your house. This is why driveways, pathways, and landscaping have a lot of importance in home improvement. However, when you plan to sell the house, make sure that you clean the exterior really well to make your home welcoming. 

Set a realistic price to attract buyers

Choosing the right price is crucial. A good price will attract buyers, leading to a quick sale. Mispricing will turn off many buyers.

Researching the local real estate market is the best way to price your home. Your home's best price will depend on the season and local conditions. A real estate agent can help.

Recent sales in your area can help you determine what the market will pay for your home. This will show you the market's hot spots and help you price your home. Your local real estate market is unique and always changing.

Get professional quality listing photos

Professional photos can help sell your home faster. They attract buyer leads. High-quality real estate photos can help market your brand. These photos help you sell and price more homes.

Professional real estate photos capture your home's best features. Professional photographers use ideal lighting to showcase your home. Using vantage points, they can capture your home, neighbourhood, and landscape.

Professional real estate photographers can show you their work. They may charge monthly or annual fees for photo use or a backup fee if you need a photo.

Professional photographers can adjust the lighting balance in each HDR photo. These photographers can take photos in cloudy conditions. Social media, printing, and backup photos may cost extra.

CONCLUSION

Your house can stay on the market for a long time. But it is your responsibility to certify that you invest your efforts and time into generating potential buyers for it. Moreover, it is best to prepare for a mentally challenging time because each buyer won’t be a potential buyer. Take your time and do not sell your house in a haste.