Why Your House Didn't Sell

By
Real Estate Agent with Re/Max Real Estate Centre Inc.

The economy may be uncertain but well-priced homes in good condition are still selling.  When it comes to selling your home in a challenging market, the basics still apply:

1) The home is too "lived in" and lacks visual appeal. Clean everything and lose anything personal. What's personal? Anything you wouldn't consider leaving for a new owner to enjoy.

2) The home lacks style and freshness. Would IKEA, Sears, or The Bay recognize any of your furnishings? If your grandmother likes your décor chances are it has NO current style.

3) The furnishings and layout make the property appear small. Do you like a huge, king size bed? Guess what... a single bed--even in a master bedroom--will appeal more to buyers than your masterpiece of wood and metal.

4) The kitchen and bathroom are dated and would be costly to change. Everyone (men included) look at kitchens first and bathrooms second. If those rooms don't meet their standards, forget the rest of the home.

5) The owner has a design scheme too personal to the owner. If you've made your second bedroom an office, consider reinventing it as a second bedroom. A third bedroom is good for an office but every home needs at least two (2) bedrooms, more likely three (3).

6) The house is cluttered and appears untidy, unappealing, and small. Junk takes up space. What is junk? Anything you wouldn't be proud to leave for the new owners.

7) The carpets and decorations are old and the viewer feels too much work will be required. Carpet is cheap...and even the low quality, low ounce carpeting looks better than 1970s shag!

8) The home is not dressed to appeal to the majority of buyers. Don't try to explain why your dining room is ideal as an office or bedroom. Turn it back into it's intended use...at least until the buyer signs the Purchase Agreement.

9) There are repairs that need completing, but the owner does not know reliable tradespeople to approach--or none have returned their calls. Many REALTORS(R) will suggest you don't repair certain things but, rather, negotiate repairs into your final sale price. If that's your plan, be sure you can tell a new buyer who can fix it, when they are available, and, essentially, what it will cost.

10) The economy. Of course that has an affect. Don't let anyone tell you otherwise. But remember, when you sell your home--for less than what you had hoped for--you will recoup that when you try the same tactic on the owner of the home you intend to buy next!

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Barry (Lynn) Miller Jr. 12/08/2009 02:12 PM
Topic:
Home Selling
Location:
Ontario Wellington County Guelph
Tags:
guelph
real estate
remax

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Rainer
23,140
Christine Bird
New View Home Staging ~ www.newviewhomestaging.ca - Kitchener, ON
New View Home Staging

Dean... you speak my language! 

Great post... and if you're ever looking for a stager, I'd love the chance to speak with you personally.  

Sincerely,

Christine Bird

New View Home Staging

Waterloo, ON

519-505-0892

Dec 08, 2009 02:05 PM #1
Rainmaker
106,134
Kate Case
Kates Home Staging and Design - Warwick, NY
RESA, Hudson Valley Home Decorator & Stager

Dean ~ You are absolutely correct.  Each room needs to have a designated purpose, a dining room needs to have a dining room table. A house that is clean, updated, with simple and elegant decor with sell in any market.  Now, if only we could convince all the sellers to listen ;-)

-Kate

Dec 14, 2009 03:07 PM #2
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Rainer
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Dean Manton

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