Thursday, August 13, 2015

When Your Home Doesn't Sell

Dear Home Diva,
My house has been on the market along time. Why won't my house sell?
Sincerely, P.T. High

Dear P.T.,
There are a number things that factor in why a house doesn't sell. While some additional factors may come into play, the main reasons for a home not selling usually are price, condition and location.

While you can't move your house to improves its marketability, you certainly can work on price and condition. If buyers are not looking or making offers on your home, price could be the primary factor. No one wants to pay top dollar for a home that doesn't merit the price.

While I love their programing, HGTV has conditioned a lot of buyers to expect move-in ready, updated homes. If you're missing some of the bells & whistles buyers expect, then you need to make your price attractive to them.

In today's market in the Dallas/Ft. Worth area with inventory low, homes that are priced right sell fairly quickly, so you may need to look at a price adjustment.

I would also take a step back and objectively look at your house and how does it show? Is there too much clutter? Do you need better curb appeal? Does it need a good cleaning? All these can be factors in buyers passing over your home. --the Home Diva