While there is a lot of media talk about the property market being a challenging proposition these days, houses are selling. There is a buyer demand for homes, and if you promote your house effectively, you can expect to see buyers take an interest.
Of course, there is no guarantee of success in the property market. Sometimes, life doesn’t go as planned, and even against your best hopes and expectations, you cannot generate interest in the property. In this instance, there is nothing you can do but persevere, or decide to wait until the market is more receptive to what you offer.
Uncover the reasons your home isn’t selling
However, if your house isn’t selling, there is often a reason or reasons behind this situation. Most people understand that a home with too high a value will struggle to attract attention. Buyers are savvier today than ever before, and if a home doesn’t represent value for money, most buyers will avoid your house.
Then again, in some cases, some houses fail to generate interest because their house has too low a price. This situation may seem like a shocking reason why your home may not be selling, but it reinforces the need to have a genuine and accurate assessment made on your home.
“We know buyers undertake significant research and have concerns if a house value doesn’t seem right”, said Thomas Morris St Neots Branch Manager Andrea Delaney. “While a low property price may represent a bargain for buyers, it is natural some buyers will be worried as to the genuine condition of the property.”
You don’t have to look too far to realise why many people want proof rather than taking something at face value. While the phrase “if something seems too good to be true, it probably is” is well known and established, we live in an era of fake news. People have doubts, and if a property listing is lower than expected, buyers will dismiss it because they believe there must be an issue.
Online buyers search within set parameters
Don’t forget that buyers searching property listings set a minimum and maximum price for their search. If the listed price is below the minimum search term, the buyer won’t see it in the returned properties. It may be your home is priced too low, and prospective buyers don’t get to see your home when they search the market.
While it is impossible to predict interest in a property accurately, you can take steps to maximise interest in a home. Successful property promotion begins with an accurate assessment, so make sure you call on an estate agent who will provide you with a property valuation. An instant valuation is an ideal starting point in reviewing your options, but when you want to attract buyers, make sure you know the actual market value of your home.
Selling your home is stressful, but with the right support, you can make the process easier. Book a valuation at a time that is suitable to you or alternatively, you can phone our St Neots branch, managed by Andrea Delaney by calling us on 01480 403020.