If you’re trying to sell your property with no luck, you may be wondering why that is and what you can do differently.
1. Your Home Is Still Empty
At first glance, the simple fact that your home isn’t selling shouldn’t be surprising, but if it’s just not selling, it’s one of the most annoying situations you could ever experience as a real estate investor. Why is it so difficult to sell in Oregon? It’s quite simple. It’s because there’s still demand for your property. For example, if you owned a house for only a year, you might have room to consider improving the exterior. However, if you’re not selling a house for 12 months and you can easily see that people are still interested in your property, then why are you not selling it?
2. Your Home Is Too Dirty
In the digital age, it seems like the more money you spend on marketing your home, the more traffic you’ll get. However, this is a common misconception. If your home is clean, well-maintained, and well-lit, it’s much easier for buyers to envision themselves living there. However, it’s important to understand that no matter how clean your home is, it’s still on the market. Sellers are distracted by the details of the home. Homes that are poorly maintained tend to attract buyers with similar demands.
3. Your Home Is Too Small
It’s true that when there’s a need for more space, people want more space. But many Oregon homes aren’t large enough for people to move to them. In fact, some of the home’s most popular “value” features are actually for lack of a larger home. These include large windows, wood floors, and location. But people want a second home, even if it’s less than what they could have in another home. It may seem counterintuitive to say, but open floor plans make for the perfect selling environment. Imagine walking into your home, then shutting the door, and only being able to see part of your home.
4. You’re Too Cheap
The thought that you’re selling for too cheap is what drives people away the most. While it’s true that the market may be good, you need to find a way to get your property in front of more people. For example, maybe the listing price is too low, but the property may be gorgeous. It may be worth more than the listing price, but you have to find the right buyers. They need to be able to see themselves in the house to buy it. Make sure the colors in the house are vibrant or have bright accents.
5. You’re Too Expensive
As is the case in many areas of the country, it’s more expensive to buy than it is to sell in Oregon. Oregonians aren’t just looking for a steal, though. If you sell a property for more than it’s worth, you may take a hit in the form of taxes and closing costs. For instance, when a home is worth $100,000 and sells for $110,000, the seller is stuck with $100 in closing costs and $20 in state property taxes. Your profit would be about $15. When you sell a home, you want to make sure that the people who might be interested in buying it know what they’re getting into.
It’s no secret that the real estate industry is one of the best ways for you to turn a profit on your investment. So when you invest in a home, you need to ensure that it is secure. Use the recommendations given to you by industry professionals to make sure your home is secure and that you’ll have a successful investment. Don’t think that you need to spend a lot of money to ensure your home is secure and healthy. By making some small changes to your home, you can ensure that you can enjoy it for years to come.
Contact Pacific Northwest Investments
Sometimes, no matter how hard you try to sell your home, it just isn’t happening. You don’t need to worry about why your home isn’t selling any longer. Instead, sell your property to Pacific Northwest Investments for a fast, all-cash offer. If you live in Salem, Oregon, or the surrounding area, we invite you to get in touch with us today!