I Can’t Sell My House In Raleigh NC. What Gives?
And yet – the housing market is booming right now. You often hear of stories of other sellers receiving multiple offers over asking price. Housing inventory is at a low which is pushing up demand and prices. However, your house is quietly sitting on the market with no activity. What gives?
No signs of your house going under contract anytime soon? You must be asking, “Why won’t my house sell in Raleigh?”
These tips could be just what you need to help you sell your home in Raleigh.
Why won’t my house sell in Raleigh? – 6 Tips To help make it happen
1) Get help from those who know what they’re doing.
Because of the booming housing market we have had in the last 10 years or so, many new investors and real estate agents have entered the real estate industry claiming to know what they are doing.
The fact of the matter that most investors and agents, especially, don’t know what they are doing, and it shows. Have you ever heard of the Pareto Principle? It’s often called the 80/20 rule. When the rule is applied to real estate agents, it means that 20% of the agents do 80% of the sales. These are the top agents that control the majority of the real estate sales. What I am trying to say is that real estate is probably your biggest investment, so don’t just trust anyone’s advice on how to sell your house. If you want the best results, work with the pros. The people who actually know what they are doing.
2) Don’t make too many improvements.
There’s such a thing as over-improving a property. Too often we see over-improved properties – those where the owners have gone too far to the point where they are unable to recoup the costs when they go to sell their house. Most buyers like seeing updates but leave room for them to make their own personal touches. Get rid of all the clutter and think “neutral”.
3) Do make necessary improvements.
Leaving necessary repairs behind will scare away potential buyers. The details matter and will make a difference when it comes to selling your house.
Don’t leave gaps in the trim or plates off of the switches. Get a professional home inspection and make the healthy home report available to interested buyers. This goes a long way towards establishing confidence that they’re making a good purchase. I know this from experience. Don’t turn your back on repairs that can come back to bite you when it matters. I have had cash buyers offer full or over asking prices but ended up backing out because they were spooked out by major inspection items that popped up in the inspection report. Anything with leaky roofs or crawlspace damage will almost scare any buyers away. Either that or they will ask for those items to be repaired no questions asked.
Curb appeal is as important as the interior – so don’t neglect one part of the property to improve the other. Give buyers a cohesive impression of great style. Do paint the walls, update the landscaping, and most importantly, keep it immaculately clean. Consider hiring a professional designer to help stage the property.
5) The Price is what matters the most.
If you’re getting a lot of showings but not a lot of offers, the advertising of your property is probably on point, but in the end your price is probably still too high. If your best efforts to advertise your property are getting your showings but no offers, your house is overpriced.
6) Every property will sell – sometime.
There’s no magic formula – but there’s no substitute for experience.
If you need to sell a house in Raleigh or in surrounding areas, we can help you. We buy Raleigh NC houses.
As you can see, it is a great undertaking to sell your house. You have to deal with showings, inspections, appraisals, and repairs. All of these things don’t automatically lead to a sell of your house. Don’t worry though. If you don’t want to deal with all that headache, we buy properties like yours from people who need to sell fast. Absolutely no hassles.