It can be stressful when your home feels like it’s been on the market for a long time. You may wonder why it isn’t selling, leading to frustration. Making the necessary changes to help it sell can also feel like a challenge.
To stop any spiraling, here are the top three reasons why your home might be struggling to sell on the market and some options to get the property off your hands:
1. Your Home Is In Disrepair
If your home is in a less-than-ideal condition, it may be detracting potential buyers. Overgrown and weed-ridden yards, loose shingles, faded paint, and crumbling foundations can cause your home to be a major “no-go” on the housing market. Many buyers are wary of purchasing a home that looks to need a lot of repairs, especially when it is listed at full price.
Thankfully, if your home has seen better days and you’re looking to sell, you have two options:
You Can Repair Your Home
If you choose to make the necessary repairs to your home, you may need to adjust your sale timeline. Required repairs, especially ones involving structural aspects of your home, like the foundation, can take a great deal of time. You will need to hire contractors, wait for them to complete the repairs, and sometimes face supply chain delays that extend your repair period.
Repairs can also be costly, depending on what needs fixing. However, if you invest time and money into your home’s repairs, you can typically fetch a higher asking price when you put it back on the market. Afterward, you may also find your home attracting more interest from potential buyers.
You Can Sell In As-Is Condition
If you need your home gone quickly and find yourself frequently googling “buy my house fast in Baltimore,” waiting around for repairs may not be the best decision for you. If you don’t want to pay for repairs or need your home sold quickly, it may be worth looking for as-is home buyers in Baltimore.
As-is home sales allow you to sell your home in any condition to a cash buyer. These sales typically go through within a few weeks and don’t require you to make repairs to your home.
2. You Aren’t Investing in Marketing
When you sell your home the traditional way on the real estate market, how your home is marketed can make or break an extraordinary home sale. If you aren’t investing in the advertising of your property, you may find that you aren’t getting the same attention you thought you would receive.
If you want to improve how your home is advertised, investing in high-quality photos of your home is a great place to start. Proper lighting, staging, and photographing your home can make all the difference to home buyers, especially those who are losing at properties online. You want to put your best foot forward on the housing market, and starting with great images of your fantastic property is key.
A crucial part of marketing also involves quality staging. Investing in a professional coming into your home to stage it for photography and viewings can help potential buyers better understand the house’s potential, even if it isn’t in the best state.
Additionally, you want to ensure your home gets as much exposure as possible. That means that you need to list your home as widely as possible. While these solutions can cost quite a pretty penny, they can help your home sell more quickly.
3. Your Home is Outdated
Has your home mostly stayed the same in the past few years or even decades? That may be the reason that it isn’t selling quickly. In a competitive market like Baltimore, buyers are looking for homes that are modern and well-equipped with new features. The more updated your home is, the more success it will typically find on the market.
Like with homes in disrepair, you have two options for selling your outdated home: Pay for upgrades or sell to a cash buyer.
While a fresh coat of paint or some new drawer pulls aren’t too expensive and don’t take much time, many upgrades aren’t such easy tasks. Bathroom or kitchen renovations and flooring or wall updates can take up a lot of time and drive up your selling costs. While you can choose to do your own renovations, if you aren’t a professional, they can take longer to complete, and if you make a mistake, the project can cost you more than if you had just taken it to an expert in the first place.
If you choose to hire help from the start, it can become frustrating to wait on someone else’s timeline, and the constant work being done while you are still living in your home can be stressful. Overall, if you choose to put in the work and funds necessary to update your home, you can sell your home more quickly once it’s on the market again, and you can often put up a higher asking price.
If waiting on and paying for renovations makes you antsy, selling your home to cash buyers in Baltimore may put your mind at ease. Many buyers are looking for investment properties to update or renovate, and many are willing to offer cash on homes like yours. While you may not get the most money out of your home, it prevents you from needing to spend lots of money upfront by renovating your home and can get it sold sooner.
Sell Your Baltimore Home Fast
Selling your home can sometimes be frustrating. It can be challenging to navigate what changes need to be made to your home, what money is worth spending, and when your home needs to be sold differently. Whatever condition you find your home in, if you want your Baltimore home quickly, it can be worth looking at a company that buys houses in Baltimore, like Express Homebuyers. Our expertise in as-is cash offers and quick sales may help you get the assistance you need to sell your home fast.