Top Reasons Why Homes Sit On The Market Without Selling

Christian Di Stasio • Mar 26, 2020

Top Reasons Why Homes Sit On The Market Without Selling

PRICING: Pricing a house too high is the #1 reason why most homes don’t sell. Your home is only worth as much as someone will pay for it. It doesn’t matter how much you purchased it for, how much you spent on renovations or how much you love it. If people are not offering to buy it, then it's priced it too high.


POOR CURB APPEAL : You have one shot at making a first impression and a home with poor curb appeal sets the tone from that point forward and the home’s perceived value.
WEAK LISTING AGENT: Hiring the wrong real estate agent is a common reason why homes fail to sell. 94% of all real estate transactions are done by 6% of all licensed agents. It takes a lot of hard work to be at the top of your game. If you hire just anybody to sell your home, you’re more than likely going to get mediocre results.
POOR HOME PRESENTATION: Let's make this clear: Your home needs to be spotless. That might mean hiring a professional cleaner to do a deep and thorough cleaning of the entire place. You might want to consider renting a storage locker or POD to make the process of cleaning out the garage, closets, and attic less onerous. But it will be worth it, because clutter distract buyers in a big way.
POOR MARKETING: Taking some hi-resolution pictures, putting a sign on the front lawn & posting your home on the MLS and social media doesn’t qualify as marketing. Your Realtor should have a solid and proven marketing plan.
YOUR HOME DOESN'T SHOW WELL: All the professional pictures in the world can’t fix an ugly house. Whether you have a kitchen from the sixties or a lawn filled with old cars and appliances, if you have not gone to the effort to pretty up your home you cannot expect to attract a lot of buyers.

YOUR HOME IS TOO PERSONAL: You want the buyers to be able to see themselves in your home – which may mean removing some of the personalized things that you feel makes your house a home.

YOU AREN'T FLEXIBLE WITH SHOWINGS: Be prepared for little privacy. If you’re not flexible with showing your home, buyer just move on to the next one.
NOT BUDGING ON PRICE: Even if the price is right, you might need to be flexible. If you receive an offer that’s below list price, you should at least consider making a counteroffer. After all, receiving $5,000 or $10,000 less for your house than what you wanted is a small concession in the long term.
A MIX OF SOME OR ALL OF THE ABOVE
For more information on the above tips or begin your home search, contact Christian Di Stasio today at, 

646-280-7136 or cd@christiandistasio.com 
#christiandistasio #distasiorealestategroup #theboutique #venturerealtors #realtor #realestate #bergencountynj #morriscountynj #essexcoutynj #hudsoncountynj #tipsforbuyingahome #paramusnj #luxury #luxuryrealestate #listmyhome #sellmyhome #whywontmyhousesell #milliondollarlisting 





By Christian DiStasio 15 May, 2024
Introduction
By Christian DiStasio 15 May, 2024
Dive into the essentials of residential properties with our guide. Learn about various property types, their features, and investment advantages to find the perfect match for your needs and goals
By Christian DiStasio 05 Feb, 2024
Ready, Set, Sell! A Guide to Preparing Your Property for Listing
By Christian DiStasio 31 Aug, 2023
Most Important Factors When Selling Your House Enhance your home’s selling potential by pricing it right and presenting it in the best possible light. The Christian Di Stasio Group shares your home-selling goals and will equip you with the knowledge and tools to price and prepare your home. The Seller’s Guide to Real Estate is our ebook that explores the key methods to selling and the ways to ensure your home doesn’t sit on the market. While home sales hit new highs in Northern New Jersey for myriad reasons, including low inventory, high demand, and sporadic dips in mortgage rates, there are two universal truths about real estate when it comes to selling: PRICE An educated home buyer understands when they see a good deal as well as an unrealistic seller who has a pie in the sky price. As a strategy, we want to price a listing to sell and to elicit attention. Pricing your home to sell is an intricate calculation that aims to hit the sweet spot: not so high that you reduce buyer interest and the listing becomes stale, and not so low that you undersell its value or indicate that there’s a structural problem or other deal-breaker. It is important to build in flexibility to the list price. If you receive an offer that’s below list price, consider making a counteroffer or other small concessions. Conversely, if a property is priced right or slightly underpriced, you can potentially receive multiple offers. The Christian Di Stasio Group aims to hit a target and price your home right at market value. Pricing your house fairly based on market conditions increases the chance you’ll see a bidding war, and when that happens, you’ll likely get an even higher final sale price. Above all, when homes are priced right, they tend to sell quickly. PRESENTATION First impressions matter, especially in real estate. The outside should reflect how lovely your home is on the inside. Keep the outside of your home as inviting as the inside. The front door, mailbox, lawn, and driveway should be picture-perfect and evoke a sense of cleanliness, organization, symmetry, and serendipity. You want to leave an indelible mark on prospective buyers, and proper curb appeal sets the tone from that point forward, sending a strong message about your home’s value. If your home’s exterior is in need of TLC, consider repainting, replacing old hardware, sprucing up shrubbery and flowers, adding landscape lighting to accent walkways, tile your doorstep, repair cracks or stains on your driveway, and put away bikes and toys. The exterior should be in pristine condition and clear of clutter. Creating inviting outdoor living spaces makes it doubly inviting for potential buyers to step inside. The interior of your home should be spotless, and that might mean hiring a professional cleaner to do a deep cleaning. Emphasize storage and remove unnecessary furniture; a clean, decluttered house will give buyers the confidence that it has been well-maintained. Declutter and de-personalize to make your home seem larger and more appealing to buyers. Remove personalized items such as family photos or a child’s artwork. You want potential buyers to envision it as their home. Fix minor repairs, eliminate pet or smoke odors, and increase the sense of space inside your home with the careful placement of mirrors, light fixtures, and make sure windows are sparkling clean inside and out. Getting your home spotless and organized is a precursor to capturing appealing listing photos as well as having successful showings and open houses. The goal is to create beautiful, aspirational, and thoughtful spaces in which people can imagine themselves living and existing. The Christian Di Stasio Group would be happy to walk you through any of the ideas contained in this article. We are proud to provide exceptional real estate brokerage services as Bergen County, NJ, Franklin Lakes, NJ, Paramus, NJ, and Westwood, NJ Realtors. Whether you are selling, buying, or investing, we are your go-to team for impeccable, full- service resources, representation, and tools. We can help you price your home right and transform interiors and exteriors, create functionality, and cultivate a magazine-worthy look so that your home doesn’t sit on the market. Our team is dedicated to providing professional and comprehensive real estate services to our valued clientele.
By Christian DiStasio 31 May, 2023
“Now’s the time to buy real estate!” This enthusiastic headline appears time and again but landing your dream house can be problematic if you don’t have the right financing. How you will fund your home purchase is vital to ensure you make a financially sound real estate decision.
By Christian DiStasio 18 Apr, 2023
The Christian Di Stasio Group is an award-winning real estate team who can help you reach that 2023 goal of getting into the home of your dreams. Our 28+ years of experience in Westwood NJ Real Estate and Bergen County NJ Real Estate make us the perfect fit for any type of client, including growing families, young professionals, empty nesters, and investors.
By Christian DiStasio 27 Mar, 2023
Buyers love Northern New Jersey for its top-rated schools, close proximity to New York City, and bucolic towns. With Spring right around the corner, the season to sell is here. Hiring a top-performing real estate agent is the first step to successfully selling your home. The Christian Di Stasio Group is composed of Franklin Lakes, NJ realtors, Paramus, NJ realtors, and Westwood, NJ realtors whose record-setting sales in Bergen County, NJ reflect our high standards of quality, integrity, and invaluable market insights.
By Christian DiStasio 04 Jan, 2023
7 Basics To Know When Starting To Invest In Real Estate
By Christian Di Stasio 26 Mar, 2020
How many times have you heard a Real Estate Agent tell you they are going to find you a deal? If good deals were just lying around on the side of the road or growing from trees, the value of the deal isn't there.
By Christian Di Stasio 26 Mar, 2020
Yep, that's right.. your eye's aren't playing tricks on you and this isn't click bait. You can get over asking price for your home in 30 days. How? Well, lets get into the basics.
More Posts
Share by: