New Orleans home selling can be tricky. Even the most prepared sellers can find themselves running into things that delay or even squash a sale. Here are some common home selling roadblocks that you might encounter:
Inaccurate pricing
The most common reason a home doesn’t sell is because the listing price is too high. Sometimes when sellers list their property, they overestimate its price due to factors like strong emotions or unrealistic expectations of what their home should be worth in the current market conditions. They end up overpricing, which causes them to stay on the market longer and go through several price reductions before finally getting sold. Listen to the advice of your agent when they counsel you on what the current market is doing and don’t give in to your temptation to price too high “to see what happens”.
Failing to do repairs before listing your house
Many times, homeowners fail to make necessary repairs or updates before they put their house on the market. This can mean a longer waiting time for your house to sell, since potential buyers may be put off. In a buyer’s market, they have lots of choices and will quickly move on to the next property if your home shows signs of neglect and deferred maintenance.
Poor marketing
The wow factor can’t be underestimated when selling your New Orleans home. Having fantastic photos, videos, floorplans, and stories to tell can make all of the difference when sellers are competing for buyers. First impressions are crucial, even if they are online rather than in person and you need a marketing plan that ticks every one of the boxes.
Limiting showings
If a buyer can’t see your home, they can’t buy it. If there’s one way to slow down the sale of your house, it’s to turn down showings or make your home difficult for agents to show. The longer a property is on the market, the more people will wonder what might be wrong with it. Don’t be your own stumbling block – be ready to allow showings as much as possible.
Not being prepared for showings
Showings are more than just home tours. They are your opportunity to draw a buyer in, to make them feel at home, to give them an emotional connection that causes them to choose your home above all of the others. Is it a pain to make beds every day, never leave dishes in the sink, and fluff those sofa pillows? For a lot of folks, it is. But the value of doing those little chores can’t be overstated.
Poor real estate agent selection
Choosing an inexperienced agent or one without extensive knowledge of your local area can mean more trouble than it’s worth when it comes time to sell your home quickly and efficiently. It’s important to invest time in selecting an agent who understands your local market well and has experience with marketing properties to avoid any unnecessary delays or problems in finding buyers for your home.
If you need a guide through home selling roadblocks, we’ve got an entire team ready to help you. Give us a call at 504-327-5303 or choose one of our experienced agents to get you started.
