You were so excited to put your Las Vegas home on the market, you finished your improvements, your Realtor took pictures, and you started packing anticipating a fast sale and having to move in thirty days.
40 days on the market, tick-tock…
90 days on the market, tick-tock…
120 days on the market…
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 12 reasons your Las Vegas home hasn’t sold.
- You overpriced your property. Your home is not going to sell if it is overpriced. Here at LasVegasRealEstate.com, we don’t like to sugarcoat this message. Your home is not selling because it’s overpriced. Compare your property to similar properties that recently sold in your neighborhood to get a better idea of its true value. An experienced real estate agent can give you an accurate value of your home. One more note, don’t make the mistake of adding on the cost, dollar for dollar, of any renovations you made. You can’t assume that the cost of a renovation translates to added value.
- Showings are too difficult. Think path of least resistance. A Realtor and her client have time to look at five homes. Your home requires a 24-hour notice to show so the dogs can be put away and you have time to make the beds and clean up the kitchen. Not going to work. The Realtor is going to skip right over your listing and add the homes that are easier to show because time is money. If you want to sell your home, make it easy to show. Anything more than a 2-hour notice to show is too difficult.
- Your MLS listing is subpar. If the MLS listing of your home includes a poorly written description with dull, blurry, or dark images, a lot of buyers are going to click right on by it. Make sure you and your Realtor put a lot of thought and effort into creating a listing and imagery that attracts the attention of buyers. Make sure to add high-quality photographs of both the interior and exterior of your home. One more note, don’t forget to highlight the unique features of your home.
- You’re too attached. If you refuse to negotiate even $500 off your price, then there’s a better than even 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 all of Las Vegas, odds are you’re going to have a lot of difficulties coming to an agreement with a potential buyer.
- You’re always present at showings. There is no scenario where you should be present at your home when it’s being shown to potential buyers. Let your Realtor handle your showings. Buyer’s don’t want to have the seller standing behind them during showings, especially during an open house. The seller being home during a showing puts unwanted pressure on the buyer, which will make them uncomfortable and likely chase them away.
- Have your Las Vegas home professionally cleaned. A dirty home is going to leave an incredibly bad impression on most buyers. Make sure you have a professional clean your carpeting, appliances, and windows before you list your home. Then, have the cleaners back at least every two weeks while your home is listed.
- Your home improvements are too unique. You might think with all your heart that the Alice in Wonderland mural you painted for your child’s room is top-notch stuff but that doesn’t mean the potential buyer will agree. If your home improvements are too personalized, it can turn off buyers who have to pay extra money to have it brought back to “normal.”
- Your personal décor is still on display. Buyers are going to feel uncomfortable touring your home if you keep all of your family portraits on display. Take down your personal décor so that buyers can have an easier time imagining the home as theirs.
- Your home is too cluttered. Even if your home is clean, clutter can still be an issue. Clutter can make a home feel much smaller than it really is. Make sure you don’t have too much furniture in any one room. Also, don’t wait until you are ready to move to box up all that stuff. Go ahead and start removing clutter by packing it up for your move and storing it. Need help decluttering? Here’s a great article from the Huffpost on decluttering.
- You haven’t staged your home. If you’ve already moved out, and you have a room that is awkward, stage it. Show buyers how to use the space effectively. Here at LasVegasRealEstate.com, we don’t suggest you stage the whole home but spot staging may make sense. Consult your Realtor for guidance.
- Your home is in need of too many repairs. The more repairs that are needed, the less likely a buyer will want your home. Many buyers simply don’t want to deal with the cost, effort, or aggravation of doing repair work, even if it’s just a bunch of small repairs.
- You chose the wrong Realtor. In our opinion, the right real estate agent 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.
These 12 reasons your Las Vegas home hasn’t sold can be fixed once you realize your mistake; however, the longer your property stays on the market, the less likely it will sell at the listing price. One of the best ways to avoid making these 12 common mistakes is by working with a professional real estate agent. If you don’t have a Realtor just yet or your listing agreement has expired, we suggest you contact our Preferred Partners: Residential Realtor. These folks know exactly what to do to sell your home for the best price and terms.
Thank you for reading our post, “12 Reasons Your Las Vegas Home Hasn’t Sold.” For more Las Vegas home Seller tips, market news, information on Las Vegas homes for sale, buying a home in Las Vegas, or general real estate information please visit our website www.lasvegasrealestate.com.