11 Reasons Why Your Home Hasn’t Sold

It’s the dream of most sellers that when the put their home on the market, it’s for a quick sale. This tends to be especially true for those who have spent money improving their home over the years and is in an area or seller’s market.  While you shouldn’t worry if your house doesn’t sell in the first week after you list your home for sale, you should begin to worry if months are flying by without any offers.  If the latter is you, here are 11 reasons why your home may not be selling:

  1. Your home is overvalued. If your home is listed for too high a price, it’s just not going to sell.  Tacking on the amount of money you’ve spent on improvements doesn’t necessarily translate to added value, either. Compare your property to similar homes within your neighborhood to get a better idea of its current value.  An experienced REALTOR (like us!) can give you an accurate value of your home.  We also watch the market activity to know if the market is shifting, as the market may change from the time that you first listed your home to today.
  2. Your marketing is poor. Unfortunately, we see this one quite a bit. Poor (or not enough) photography that doesn’t properly showcase your home means that home buyers are going to skip over your home for the next one.  A poorly written description of your home that doesn’t highlight its unique features can also be an issue.  We work with you to create marketing pieces with professional photography that attracts the attention of target buyers for your home.
  3. You’re hanging around for showings. While you may want to greet potential buyers with a smile and show off your home, this is a no-no.  Buyers feel awkward when they feel the seller is hovering around. The last thing you want to do is make a buyer associate your home with bad feelings. It’s best to stay away.
  4. You’re too attached. If you don’t want to negotiate even a penny from your price, then there’s a chance that you’re too attached to your home. If there’s a part of you that thinks your house is the best in the world or doesn’t want to sell, then chances are that you’re going to have difficulty coming to an agreement with any buyer.
  5. Your home is not professionally clean. A dirty house is also going to leave buyers with a bad impression. You may not have to hire a professional, but make sure that your home is clean to their standards with a good deep clean and stays that way for showings.
  6. Your home is not staged. You want your furniture and décor to help buyers feel at home. If you’ve already moved out, an empty house also shows smaller than it really is.  If you have an awkward space in your home, use staging to tell potential buyers a story of how it can be used.
  7. Your personal décor is up. You don’t want potential buyers to be distracted with your personal belongings. Family portraits and other mementos tell a buyer how well you fit in your home, not how they will. Take down your personal décor so they can have an easier time imagining their belongings in your home.
  8. The improvements you made are too personalized. Custom murals, hyper-stylized rooms, and other improvements that stray too far from mainstream design can scare of buyers who aren’t interested in paying for something that they’re going to change. You may find a potential buyer who shares your exact same taste, but then you’re eliminating most potential buyers for your house. You want your home to appeal to as many potential buyers as possible.
  9. There’s too much clutter. Even if your home is clean, if there’s too much stuff in there, it can be a problem.  A cluttered house with too much furniture and décor can make your home feel smaller than it is.
  10. Your home needs a lot of repairs. The more repairs that your home needs, the less likely buyers will want your home. Most buyers are looking for something move in ready so that they don’t have to deal with the cost or effort of repair work, even if the repairs are small. A home that hasn’t been well maintained also will make buyers think that there are even more expensive repairs hiding where they can’t see.
  11. You chose the wrong real estate agent. In our opinion, this is the most important decision you can make when selling your home.  A great REALTOR will do more than give you an accurate value for your home and do a great job marketing, they will also come alongside you to give you honest feedback to make sure that your goals for selling your home are met. They will know the market and give you reasonable expectations and options so that you can maximize the value of your home.

All these reasons can be addressed, but the longer your property sits on the market, the more likely it will be stigmatized by buyers and the less likely it will sell at your asking price. Choosing a great REALTOR from the beginning is the best way to avoid making these common mistakes.

If you are thinking of selling your home, give The Gina McKinley Group at call at 480-355-8645 or email info@locatearizonahomes.com today! We would love to help you navigate the current real estate market and sell your home for the best price for you.

6 Reasons to Buy a Home

Happiness – The feeling of owning your own home is exciting and gives you a sense of accomplishment. You get the benefit of making it your own. Doesn’t that sound wonderful!

Tax Savings – The government rewards homeowners by providing tax benefits. The interest paid on your mortgage can generally be deducted from your income.

Appreciation – Home values have a well-documented history of growing over time. This increase becomes equity that benefits you by adding to your financial wealth.

Equity – Renting has often been compared to paying 100% interest, but when you own a home and a mortgage is in place, a portion of your payment goes toward the principal balance on your loan. This builds your equity and acts as a savings account.

Roots – People who own tend to stay in their homes four times longer than renters. This creates an opportunity to get to know your neighbors and connect with your local community.

Education – Research shows children of homeowners earn higher test scores and graduate at a higher percentage than those of renters. Home ownership creates a stable environment for your children that pays off for them, too.

If you’re considering the path to home ownership, give The Gina McKinley Group a call at 480-355-8645 or email Info@LocateArizonaHomes.com today!

“Bird’s the Word” in Chandler Ostrich Festival

The famed Chandler Ostrich Festival will be held this weekend for the 31st year running! What started as a modest event downtown is now grown up into a full-fledged entertainment extravaganza.

More than just ostriches, the 31st annual Chandler Chamber Ostrich Festival will feature the world’s largest bounce house, BMX Pros Trick Team shows, pig and dog races, Victoria Circus motorcycle and high-wire acts and numerous carnival rides.  The festival will also have over 100 hours of music with headliners like Flo Rida, The Commodores, and Andy Grammer.

While no ostrich races this year, the ostriches will be kept near the petting zoo for people to view and learn more about this strange-looking bird. The racetrack was done away with to make room for the 10,000 square foot Big Bounce America bounce house.  It’s currently the Guinness World Record holder for the biggest bounce house and has obstacle courses, climbing walls, giant slides, basketball hoops, ball pits and other fun things for both children and adults.

Another new thing this year is the BMX Pros Trick Show, where skateboarders and BMX riders will perform a variety of stunts on a street ramp and half pipe.

The Ostrich Festival will be held March 8th-10th at Tumbleweed Park, located at 745 E. Germann Road.  Tickets and more information can be found online at www.OstrichFestival.com

For more information on what makes Chandler such a great place to live, give us a call at 480-355-8645 or email us at info@locatearizonahomes.com today! We’d love to share other fun things to do and what makes the city we live, work, and play in so great.