You’re trying to sell a Detroit house that just will not sell?
So, why won’t your house sell in Detroit? Sometimes the news about the real estate market in the media can be conflicting. The media is practically shouting again about multiple offers, high demand, and record-setting prices. But the truth is, the market is starting to simmer down again. With the buyer demand in Detroit slowing down, it can be tricky to get a purchase agreement signed. The tips in this article could be just what you need to help you sell your Detroit home. Let’s find out why won’t your house sell in the current market and solve the problem.
1) Get good help.
A real estate professional can help make your house sell in today’s market. Just like before, there are novice agents and investors in the market shouting that they know what they’re doing.
But they don’t. They’re getting hit hard with the nuances of financing, deal structure and evaluation. Seriously, chances are good that real estate is your biggest investment – don’t trust just anyone’s advice. If you want great results then partner with the pros.
2) Don’t make too many improvements.
This is a mistake we see everyday in our business. Over improving a home will not make your house sell in Detroit. Too often we see over-improved properties – those where the owners have gone too far. Even with the best of intentions, exceptional craftsmanship and true artistic talent, it’s incredibly challenging to exceed what the market is paying. Plus, most homebuyers want to add their own custom touches. Get rid of all the clutter and think “neutral.”
3) Do make necessary improvements.
Unfixed stuff scares buyers. Show that you’ve been a responsible property owner and get all the little details fixed.
Don’t leave gaps in the trim or plates off of the switches. Get it inspected by a professional home inspector, and show off the healthy home report. This goes a long way towards establishing confidence that they’re making a good purchase.
4) Style and design matters.
Curb appeal is as important as the inside – so don’t neglect one part of the property to improve the other. Give buyers a cohesive impression of great style. Paint the walls, update the landscaping and most of all – keep it clean. Consider hiring a professional designer to help tastefully stage the property.
5) Pricing matters a lot.
If you’re getting a lot of showings but not a lot of offers, you might not be too far off in price. If your best efforts to advertise your property aren’t making the phone ring, you’re probably overpriced. Pricing the home too high is the most common mistake we see sellers make.
6) Every property will sell – sometime.
There’s no magic formula – but there’s no substitute for experience.
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If you need to sell a house near Detroit, we can help you. We buy Detroit houses.
We buy properties like yours from people who need to sell fast.
