{"id":2724,"date":"2018-12-18T11:00:24","date_gmt":"2018-12-18T11:00:24","guid":{"rendered":"https:\/\/thezakariagroup.com\/why-houses-do-not-sell-in-a-strong-market\/"},"modified":"2018-12-18T11:00:24","modified_gmt":"2018-12-18T11:00:24","slug":"why-houses-do-not-sell-in-a-strong-market","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/why-houses-do-not-sell-in-a-strong-market\/","title":{"rendered":"Why Houses DO NOT Sell in a Strong Market"},"content":{"rendered":"
\n

\"5<\/p>\n

As we approach the end of the year, many homeowners find themselves asking the question, \u201cIf we\u2019re currently in a strong real estate market, why won\u2019t my house sell?<\/strong>\u201d <\/em><\/span><\/p>\n

Below are the 5 most common reasons why a listing contract will expire:<\/strong><\/h4>\n

1. The Price<\/strong><\/h4>\n

Sometimes when the market is hot, homeowners attempt to set their listing price higher. Their hope is that a motivated buyer will be willing to pay any price<\/em> for a house in their desired neighborhood! Sellers must remember, though, that in today\u2019s market a house must be sold twice; first to the buyer and then to their bank.<\/p>\n

A buyer can agree to pay the homeowner\u2019s asking price, but after the bank conducts their appraisal<\/a>, the price might need to be adjusted. The bank will only give the buyer a mortgage for the value of determined in the appraisal.<\/p>\n

Sellers must also keep in mind that today\u2019s homebuyers are well-educated. Before they look to buy a house, they have already seen many houses online. They\u2019ve done their research on the neighborhoods they are interested in, including information on the school districts in the area.<\/p>\n

They will know if your house seems overpriced and will not waste their time considering it. This is why it\u2019s so important to make sure that your home is priced right<\/a> from day one on the market!<\/p>\n

2. The Condition of the House<\/strong><\/h4>\n

In many areas, builders are taking advantage of the lack of inventory of homes for sale by building new houses. These newly constructed homes create competition<\/a> for existing homes in the market. For this reason, many homeowners are making renovations and updates to their homes to compete with the new construction in their marketplace.<\/p>\n

Most agents recommend that homeowners declutter<\/a> their houses before putting them on the market. Buyers want to be able to imagine themselves living in the home instead of focusing on the current homeowner\u2019s decor.<\/p>\n

It\u2019s important to take care of the small problems like dripping faucets and torn screens, while also remembering to remove any posters hanging in your teenager\u2019s bedroom. Making sure your home is in perfect condition will make buyers fall in love with it and will ultimately help you get the right price for your house!<\/p>\n

3. Seller\u2019s Motivation<\/strong><\/h4>\n

Why did the seller put their house on the market in the first place? Is the seller\u2019s motivation still the same as it was when they first listed?<\/p>\n

If homeowners are really motivated to sell, they will make sure their houses are both priced right and in good condition.<\/strong> The seller\u2019s motivation will push them to consider all offers and help them make the right decision for their family\u2019s future.<\/p>\n

4. Marketing Plan<\/strong><\/h4>\n

Having a marketing plan is important! According to NAR\u2019s 2018 Profile of Home Buyers and Sellers<\/a><\/em>, 95% of buyers searched online for a home last year. The days of looking for a newspaper ad or yard sign in your preferred neighborhood are over.<\/p>\n

If you want to sell your home, you need a real estate professional who understands your local market and knows how to promote your home online. Something as simple as using pictures taken by a professional photographer can make a huge impact in advertising your home!<\/p>\n

5. Lack of Communication with Your Agent<\/strong><\/h4>\n

Keeping an open line of communication with your agent is crucial in getting your home sold with the least amount of hassles, in the right amount of time, and for the right price! From the beginning, establish a continuous line of communication with your agent, and make sure you review your agreement often to see if any changes need to be made. For example, adjusting the selling price!<\/p>\n

Bottom Line<\/strong><\/h3>\n

There are houses selling every single day because they are listed at the right price, they have the right marketing plan, and they are staged for the sale. If for some reason your home didn\u2019t sell and you\u2019re still motivated to get it sold, let\u2019s get together to figure out the reason your house isn\u2019t selling!<\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

As we approach the end of the year, many homeowners find themselves asking the question, \u201cIf we\u2019re currently in a strong real estate market, why won\u2019t my house sell?\u201d Below are the 5 most common reasons why a listing contract will expire: 1. The Price Sometimes when the market is hot, homeowners attempt to set […]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[100,101],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nWhy Houses DO NOT Sell in a Strong Market - The Zakaria Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thezakariagroup.com\/why-houses-do-not-sell-in-a-strong-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Houses DO NOT Sell in a Strong Market - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"As we approach the end of the year, many homeowners find themselves asking the question, \u201cIf we\u2019re currently in a strong real estate market, why won\u2019t my house sell?\u201d Below are the 5 most common reasons why a listing contract will expire: 1. 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