5 Reasons Why Your Magnolia TX Home May Not Be Selling
If you’ve had your Magnolia or Tomball TX home listed in the past or are currently sporting a “For Sale” sign in the front yard, you may be wondering why you didn’t receive a wave of offers on Day One. After all, you love your home, so why doesn’t someone else see the potential? There are a number of factors that determine whether or not a Magnolia TX home will sell quickly and if you’ve had trouble, you will want to take these into account.
The price is too high
For today’s homebuyers, one of the first places to begin shopping for a home is online. Buyers will often set up search parameters (for instance, from $100,000 to $200,000) and if your home is what they’re looking for but priced too high, you could risk being seen altogether. You can miss out on these motivated buyers if your property is priced above market value, so it is always wise to defer to your agent to determine the best possible price.
You’re too confident
Many home sellers in the Magnolia TX area can feel overconfident right out of the gate and become lazy in the home selling process. The amount of time your home sits on the market depends on a number of factors including buyer demand, value, location and even staging. You want to be realistic from the start, so brace yourself for what you may be in for given today’s market.
The home needs work
Every Magnolia TX home seller wants to receive top dollar for their home, but the property will need to show buyers it’s worth that. If your home needs TLC, you will need to get it into tip-top shape before you can bump up that listing price. Buyers want to know they are getting the most for their money and if your home offers fewer amenities or updates than others in the same price range, the property could sit on the market.
The listing photos are bad
As I mentioned above, the majority of buyers begin their home search online where listing photos are key. If you cannot intrigue Tomball TX buyers from their screens, you may not be able to get them to your front door. Remember, first impressions are everything in real estate! With few or no photos at all and dimly-lit shots that lack a professional edge, buyers will simply move on and pass over your listing.
The home has an odor
If you do succeed in getting buyers to your door, you’ll need to wow them inside. Does the property have an odor? Perhaps from pets, smoke or mildew? These can be major turn-offs to buyers and force them to run the other way— to other available homes. Many times an odor can be fixed with a scented candle or by baking cookies before a showing, but if the odor lingers, you will want to address it as soon as possible.
Ready to move on to a new property? I am happy to provide more tips on how you can successfully sell your Magnolia TX home! Give me a call today!
Phone: (281) 723-0324
Email: [email protected]