Top 3 Reasons Why Homes Don’t Sell

Are you gearing up to sell your home? It’s one thing to know everything that you need to do when selling your home, but knowing what not to do is just as crucial. If you don’t learn to avoid these home-selling pitfalls, it will cost you a lot of time and money, not to mention the effort you’ve invested in making your home sell. That’s why I’m here today to talk to you about the top three factors that prevent homes from selling: 

1. Condition. The way you live in your home daily and the way you prepare it for sale should be significantly different. Most homeowners we work with need to follow a detailed plan to ensure everything is clean, pristine, and free of deferred maintenance issues that could deter potential buyers. In today's market, the condition of your home is more critical than ever. The better the condition, the higher the likelihood of a quick and profitable sale.

2. Bad marketing plan. What is your marketing strategy for selling your home? If you’re working with a real estate professional, have they shared a comprehensive marketing plan with you? If you're selling without the help of an agent, you likely don’t have a marketing plan, but you have to develop one to ensure your home sells within a reasonable timeframe.

3. Overpricing. While it’s tempting to sell your home at a very high price, you have to be aware of the consequences. Remember, overpriced homes tend to sit on the market for longer. Overpricing will deter buyers, and you may end up selling your home below market value just to get it off the market. 

"Our impressive 43-point marketing strategy covers all marketing aspects to sell your home effectively."

We at the Madewell Group make sure we proactively address these three concerns. To tackle the property’s condition, we conduct a room-by-room review to identify the steps we can take to ensure your property looks its best during showings which will prepare your home to sell for top dollar. 

Our efforts don’t end with just beautifying your home. Our impressive 43-point marketing strategy covers all marketing aspects to sell your home effectively. When we work with clients, we make sure to walk them through what this extensive process looks like. 

Lastly, to determine the right value for your home, we provide clients with a detailed comparative market analysis or CMA, which can be done virtually or in person. This gives you an in-depth review of comparable homes to establish a more accurate market value for your property.

If you’re planning to sell or buy a home, or if you just want to know your home’s value, feel free to call us at (813) 212-8300. We would be happy to help you reach your goals. We look forward to talking with you!