Moving house is one of the most stressful things you can do in life. It’s right up there with getting married and having kids. Even the most level-headed person can crack under the pressure.
And, the move itself isn’t even the worst part. Before you get there, you have to deal with realtors and endless viewings. If you’re lucky, you’ll receive the right offer not long after going on the market. Then, you can move past this stage pretty sharpish.
But, some houses are on the market for six months or more and never get top offers. If that happens to you, it can feel like a lost cause. You’ve spent your years in this house trying to drive up the value. You’ve extended, decorated, and done everything right. Yet, no one seems willing to part with the full cost. Offers are few and far between, and the ones which do come in are well under your asking price.
The trouble is, of course, that you can’t start looking around until accepting a realistic offer. And, if this goes on for a long time, you may begin to feel as though you’ll never get to move. That’s where we come in. To stop you slipping into that slump, we’re going to look at the reasons you aren’t getting good offers, and what you can do about them.
You’re asking far too much
In most cases, your realtor will give you an estimated price based on other properties in your area. But, ultimately, they work for you. If you want to put your house on the market for more, you can. Yet, a lack of offers is a sure sign you’re asking too much. While we all want to get what we can, you need to be realistic. If every other property costs less, you just aren’t going to sell. So, research to judge how much you can ask for. And, don’t be so quick to dismiss your realtor’s suggestion. They tend to know what they’re talking about.
There are underlying issues
Underlying issues are another leading reason for low offers. Problems like damp signify need for renovation work. And, buyers are sure to take that into account before naming their price. As such, you may want to get a home inspector to do a walk around of your property and inform you of things like this. That way, you can either do the work yourself or accept you may need to knock that cost off your price.
You aren’t preparing for viewings
If you don’t prepare your home for viewings, it should come as no surprise people are unwilling to pay the price. While we all try to buy with our heads, furniture and room layout impact our buying a lot. So, if you make the place look nice, there’s more chance they’ll be willing to part with their money. Equally, clearing clutter and mess can make homes look larger. And, that in turn increases the chances of higher offers.