To begin, theres the current state of the housing market, both nationally and in your area.
The time of year when you choose to sell is also a factor.
It is well known that its easier to sell a home in summer, for instance, than winter.
Credit: Ivan_Sabo / Getty Images
Similarly, thespring market is busierthan the fall market.
Get on the same page with your real estate agent.
If youre frustrated with the timeline of your sale, chat with your real estate agent.
The first thing a seller should do is align expectations with their agent.
Dig into the numbers.
But if those numbers feel low, you might need to do some more diagnostics.
It is also important to review what homes have goneunder contractduring that time, Soldwisch says.
Are these people that viewed your home and chose a different option?
How does that home compare?
Improve your listing.
If you decide to go forward with major changes, you might start by looking at your current listing.
Maybe you’re free to rewrite the home description to highlight key features you left out before.
If thats not enough, you might consider having new listing photos taken.
Its also a good idea if you plan to mention features you left out before.
Spruce up your home.
A home stager can suggest how to arrange your current furniture to accentuate your homes positive features.
They might also go above and beyond to bring in rented furniture and art for the space.
you could also look into light landscaping around your home.
Consider fresh mulch and flowers, or even a new door color to improve curb appeal.
Make repairs.
Some sellers will offer a credit at closing to go toward major repairs for the home.
That can offer a buyer peace of mind while purchasing.
Lower your price.
Perhaps the most effective strategy in selling your home quickly is lowering the price.
I recommend sellers listen to their realtor and trust their advice to price a home correctly the first time.
You might also consider accepting different types of loans.
Relist your property.
Maybe there is a personal matter at play.
Maybe they just changed their mind.
Cut ties with your agent.
Youll want to look into any paperwork youve signed binding you to that agent before making a decision.
But before you make that call, try having an open dialogue about the sales stagnation.
Sellers and agents need to work in partnership toward the same goal, Pasquella says.
The biggest piece of advice is for the seller and agent to be in constant communication.
Some calls may feel like therapy sessions, but thats okay, were all in this together.
“Monthly Inventory - National Historical U.S. Data.
“Realtor.com Economic Research.
