Uncategorized February 19, 2020

11 Reasons Why You Home Isn’t Selling

Posted on Jun 1 2017 – 12:06pm by Housecall

Editor’s Note: This post was originally published on June 1, 2017. Housecall continues to share this piece due to ongoing requests and reader interest.

By Charles Muotoh

When you first put your house on the market, you might be hopeful for a quick sale—especially if you’ve put a lot of money into improving the house over the years and if the neighborhood is one that has historically attracted a lot of buyers. While you shouldn’t panic if the house doesn’t sell the moment you list it, you should begin to worry if the months start flying by without any real offers. If this is the case, here are 11 reasons why your house may not be selling.

  1. You overvalued your property. If your house is overpriced, it’s simply not going to sell. Compare your property to similar properties that recently sold within your area to get a better idea of its true value. An experienced real estate agent can give you an accurate value of your home. Additionally, don’t make the mistake of tacking on the cost of any renovations you made. You can’t just assume that the cost of a renovation translates to added value.
  1. Your listing is poor. If the listing of your home includes a poorly written description without any images, a lot of buyers are going to skip over it. Make sure you and your REALTOR® put an effort into creating a listing that attracts the attention of buyers. Make sure to add high quality photographs of both the interior and exterior of your home. Don’t forget to highlight unique features as well.
  1. You’re always present at showings. Let your agent handle your showings. Buyers don’t want to have the seller lurking over their shoulder during showings, especially during an open house. This puts unwanted pressure on the buyer, which will make them uncomfortable and likely chase them away.
  1. You’re too attached. If you refuse to negotiate even a penny off your price, then there’s a good chance that you’ve become too attached to your home. If a part of you doesn’t want to sell it, or you think your house is the best house in the world, odds are you’re going to have a lot of difficulties coming to an agreement with a potential buyer.
  1. You haven’t had your home professionally cleaned. A dirty house is going to leave a bad impression on buyers. Make sure you have a professional clean your carpeting and windows before you begin showing your house.
  1. You haven’t staged your home. If you’ve already moved out, then don’t show an empty house. This makes it difficult for buyers to imagine living in it. Stage your house with furniture and decor to give buyers a better idea of how big every room is and how it can be used. You want the buyer to feel at home when they are taking the tour.
  1. You kept up all of your personal décor. Buyers are going to feel uncomfortable touring your house if you keep all of your family portraits up. Take down your personal décor so that buyers can have an easier time imagining themselves living there.
  1. Your home improvements are too personalized. You might think that the comic book mural you painted for your child’s room is absolutely incredible, but that doesn’t mean potential buyers will agree. If your home improvements are too personalized, it can scare off buyers who don’t want to pay for features they don’t want.
  1. Your home is too cluttered. Even if your home is clean, clutter can still be an issue. For example, maybe you simply have too much furniture in one of your rooms. This can make the house feel smaller than it is.
  1. Your home is in need of too many repairs. The more repairs that are needed, the less likely a buyer will want your house. Many buyers simply don’t want to deal with the cost or effort of doing repair work, even if it’s just a bunch of small repairs, such as tightening a handrail or replacing a broken tile.
  1. You chose the wrong real estate agent. In my opinion, choosing the right real estate is simply the most important decision you make in selling your home.  A good REALTOR® makes all the difference in selling your home within a reasonable time.

All these things can be fixed once you realize your mistake; however, the longer your property stays on the market, the less likely it will sell at listing price. One of the best ways to avoid making these common mistakes is by working with a professional real estate agent.

Charles Muotoh is the owner of dcrealestateguru.com, a full service real estate firm focused on leveraging digital marketing strategies to serve buyers and sellers of real estate in the Washington D.C. area.

Uncategorized June 10, 2019

“The Flipping Truth” – FREE Home Flipping Seminar

Better Homes and Gardens Rand Realty, Northern New Jersey’s premier real estate broker, will be hosting “The Flipping Truth” Seminar on Monday, June 17, from 6:30-8:00 at the 4 Campus Drive, Parsippany.

“This is not a hype or infomercial but the reality of the flip,” states Peter Cammarata, Realtor/Builder, “there are aspects of our seminar that the so call gurus don’t tell you because their motive is to sell you a system.  That’s not what this is.  No selling, just information.”

Specific for home investors who flip homes, now or in the future, this free seminar will give our participants multiple tips on the process.  The topics include: locating the home to flip, obtaining financing, the role of an attorney, title search, cost effective renovating, staging/detailing; pricing; marketing for today’s buyers., while avoiding the pitfalls.

“There is nothing better than hearing it from the experts.” states Jeffrey Halpern, 34 year real estate professional and moderator of the seminar “The knowledge, the insights, the experience, and that fact that that is what they do for a living, is to the advantage of those who can hear them speak.  They say that even if you can get one tip to help you better what you are doing is worth the time spent.”

The speakers that have been assembled are well known in their respected fields.

Eric Charles, Licensed Contractor, All County Construction, He will be covering what renovations are necessary and cost effective for the construction.

Todd Smith, Mortgage Representative.  He will discuss financing flips including mortgages, residential and commercial and hard money.  Both necessary.

Robert Wianecki, Esq., noted Morris County real estate attorney.. Robert will cover legal ramifications, and process of the flip, as well as avoiding legal pitfalls.

Patricia Ayuso, Title Representative, Hudson United Title.  What to look for when searching properties via title.

Peter Cammarata, Sales Associate, Better Homes and Gardens Rand Realty.  As an expert builder and flipper, Pete will point out what types of properties make the perfect flips.

Jeffrey David Halpern, Broker-Sales Associate of Better Homes and Gardens Rand Realty, Certified Home Stager, will cover the sales and marketing of the home you just renovated.

All those in attendance will receive a flip kit, and have a chance to win one of several door prizes.  Refreshments will be served as well.

The seminar is Monday, June 17, 6:30-8pm, at 4 Campus Road, Parsippany  Because of limited seating.    RSVP is recommended for this informative seminar to Jeffrey.halpern@randrealty.com or by call/text to 201.317.7527. For more information please visit:  www.realestateseminars101.com