3 reasons why your property isn't selling
At Barry Plant, we understand that selling your home or investment property can be a challenging process. If your property has been on the market for a while with little to no interest from buyers, don't worry! We're here to guide you on how to get those offers rolling in.
There are ways to ensure your property doesn't linger for months without attracting potential buyers.
Captivating Marketing Matters
Effective marketing is crucial in a competitive environment. Making a great first impression is vital to capturing buyer interest.
Put yourself in the shoes of a potential buyer. Compare your property's marketing to similar properties that have successfully sold in your suburb. Does your listing stand out and showcase the unique features of your home? Consider investing in professional photos and enlisting the help of a real estate copywriter to create compelling listing content that sets your property apart from others, making it irresistible to potential buyers. After all, a captivating first impression can make all the difference in attracting offers for your property.
Choosing The Right Agent
Before entrusting an agent to sell your property, interview them thoroughly. Inquire about their experience in the industry, how long they've specialised in your area, and request references from previous clients. A reliable and competent agent can make all the difference in achieving a successful sale.
Strategic Pricing for Success
One common mistake made by sellers is overestimating the value of their property compared to others on the market. Overpricing your home can lead to it sitting idle for too long, creating the perception that something may be wrong with the property.
It's essential to be realistic about the listing price. Obtain appraisals from at least three different agents to get a clear understanding of the property's market value. Having a minimum acceptable price in mind before listing will help you make informed decisions during negotiations.