Reasons Why You Were Not Able to Sell Your Property in 2017
Dec 13, 2017 Home Trading Steps
Even though one might have read and heard it from friends and family that this isn’t the right time to sell the property, but there are some cases when a person is in immediate need of money and selling of the property is one option to get hands on the needed amount.
Even after putting the property for sale, you might not have been able to sell it off, even though the property is located in a fairly nice place and is well maintained. In general case, the property should have been able to sell off quickly. What could have gone wrong in this case?
We list down the possible reasons:
1.Refusal to budge the prices:
The market is slowly recovering. The best way to sell the property is to sell it off at the right price. This means being ready to adjust the price of the property according to the market scenario. Refusing to adjust the price can be one of the reasons. The longer the property stays in the market, the longer it takes to find the right buyer.
2.Not listing it online:
A lot of people still use the conventional method to find a buyer. But most people these days try to look for the properties online before going to do the physical inspection. Listing it online bring more interested buyers. It’s never too late to list your property online, if you haven’t.
3.Not informing friends and family about it:
When you inform your friends and family about the property for sale, they can help you for free cost. The buyers they will bring will be more reliable and promising then the complete strangers you will be approached by. It helps in making the decision easier. Relying completely on the internet is not feasible. Asking your friends and family for help is nothing to feel awkward about.
4.Being too choosy:
We all love our property and think it is the best and there’s no harm in believing so. But this can become an issue while selling off the property. Do not hesitate to sell off the property to the right buyer without considering his future plans with the property. It’s time to let it go.
5.Waiting for a better offer:
It is a general perception that a good property will also sell in the bad market. But thinking that and letting off a good buyer who is willing to pay the price you asked for, is a bad choice. Sometimes waiting for the right time can cost you badly.
Even after putting the property for sale, you might not have been able to sell it off, even though the property is located in a fairly nice place and is well maintained. In general case, the property should have been able to sell off quickly. What could have gone wrong in this case?
We list down the possible reasons:
1.Refusal to budge the prices:
The market is slowly recovering. The best way to sell the property is to sell it off at the right price. This means being ready to adjust the price of the property according to the market scenario. Refusing to adjust the price can be one of the reasons. The longer the property stays in the market, the longer it takes to find the right buyer.
2.Not listing it online:
A lot of people still use the conventional method to find a buyer. But most people these days try to look for the properties online before going to do the physical inspection. Listing it online bring more interested buyers. It’s never too late to list your property online, if you haven’t.
3.Not informing friends and family about it:
When you inform your friends and family about the property for sale, they can help you for free cost. The buyers they will bring will be more reliable and promising then the complete strangers you will be approached by. It helps in making the decision easier. Relying completely on the internet is not feasible. Asking your friends and family for help is nothing to feel awkward about.
4.Being too choosy:
We all love our property and think it is the best and there’s no harm in believing so. But this can become an issue while selling off the property. Do not hesitate to sell off the property to the right buyer without considering his future plans with the property. It’s time to let it go.
5.Waiting for a better offer:
It is a general perception that a good property will also sell in the bad market. But thinking that and letting off a good buyer who is willing to pay the price you asked for, is a bad choice. Sometimes waiting for the right time can cost you badly.
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