It’s perfectly normal to be frustrated and disappointed if your listing expires and you don’t get a buyer for your home. You’re probably wondering where things went wrong. As you decide what to do next, consider these three questions.
Did you restrict access to your house?
When selling your home, one of the worst mistakes you can commit is to limit the times and days that potential buyers are allowed to tour the house. It is important to be flexible, even if it feels a little stressful, to leave everything behind and go when the buyers come to view your home. Minimal access to the property means less exposure for buyers. ShowingTime advises
“. . . Be as flexible as you can when allowing access to your home for showings .”
Sometimes, the most determined buyers may come from a distance. If they have to travel to your home, it may be difficult for them to alter their plans if you offer only limited showing times. Try to be as flexible as possible to accommodate their schedules. If no one can see it, then how will it be sold?
How did you make your house stand out?
You never get another chance to make a good first impression when you are selling your home. It’s just as important to stage your house inside as it is to work on the outside. You can improve your curb appeal by updating your landscaping. According to an article by U.S. News reports:
“Afterall, if you don’t get people to come through your front door despite driving by, then it’s unlikely that they’ll buy your home.”
Don’t stop there. You can give potential buyers a better idea of how they will feel in your home by removing clutter and personal items. A fresh coat of paint or a thorough cleaning of the floors can do wonders to spruce up the house for potential buyers.
Have You priced your house at market value?
The right price is crucial. Overpricing Your House Can Actually Turn Off Potential Buyers and Slow Down the Selling Process. Forbes Notes
“Pricing your home too high may lead to a slow sale or even force the seller to lower their price.”
Your house may spend more time on the market if it is priced higher. Listen to what people say about your agent at open houses or showings. Consider lowering the price if many people say the same thing.
Rely on a real-estate agent for all of these insights. A good agent will give you expert advice about relisting the house and effective strategies for selling it.
Bottom Line
You’re entitled to be disappointed if your listing expires and your home doesn’t sell. Contact a reputable real estate agent and discuss what went wrong. They can also help you determine the best way to put your home on the market again.