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Posted about 10 years ago

3 Reasons Why Your Home has Not Sold

So you've got a house that you are 100% sure is worth at least what you are asking for it, right? And, you know this, because someone on your street just sold their house for your asking price, and you think your house is better that their house.  The guys over at DoneDealBuyers have given us some insight on how they go about selling property faster than most other homeowners and investors alike:

It just never fails. Every time I ask a home owner who must sell a house fast in the San Antonio area, how much they think their home is worth, I get a very similar answer. It's a fact that most people think that their house is worth more than it actually is worth. The reason is because of emotional and financial attachment to the property. Maybe they've lived in the home for many years, or maybe they've sunk thousands of dollars over the years into the house. However, these two reasons are not used in the calculation to determine value.

You're house is probably not selling as quickly as you want, because...

1. It is Priced far too high to even attract offers:

This one is self explanatory, and the next two reasons actually determine price, and price is ultimately what determines how fast your house will sell.

2. It's condition is not close enough to the condition of other similar properties in the same price range:

Maybe you're house is in OK condition, but if it's not at the level of the others in the same price range, you don't have a chance, even with best Realtor in the world, doing all of the marketing he/she can do for you.

3. It's location is not optimal or some other external problem:

Walk outside of your house, and take a look around and think about. Is there an eyesore in the close vicinity? Is there a lot of noise? Is it near a busy road? Any one of these things could cause your to not sell your house fast.

The real estate investment team over at HouseBuyerSanAntonio are a great resource to learn more about how to sell a house fast in the San Antonio, TX area


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