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The Shocking Truth: Your Home Could Be Unsellable!

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Are you thinking about putting your home on the market? Maybe you already have, and you’re not seeing any buyer interest in it.

Or worse, people are coming over, stopping by and then moving on with neither a whisper nor a phone call about a potential offer.

Did you get a building inspection of your home before putting it on the market for sale? There may likely be a severe issue with your property, and it’s turning off prospective buyers.

Here are some of the issues that could make your home hard to sell.

It’s Unsafe

There are numerous ways that a home could be unsafe. For example, you might be selling an old house.

Asbestos

In many countries, homes built before the late ’80s, there is every possibility that your home could contain asbestos. Asbestos was regularly used for insulation before this time and maybe an issue in your home.

If you have asbestos on your walls or ceiling, it probably won’t harm your health. It is only dangerous if it is disturbed. However, since the material has been linked to cancer, you’ll find it challenging to get anyone to buy your home.

Compromised Structural Integrity

Another safety issue could be to do with the structure. Perhaps your home has structural problems, and this can be apparent in the doors sticking in frames or large cracks appearing on the walls. Again, this suggests that the home is dangerous and, as such, will again stop people on the market from buying.

Weather-tight Issues

One of the most common challenges with older homes is their weather-tightness. Over time window seals stop working, and water gets in. Also, the roof may not be up to the task of protecting the home from rain and snow. A building inspection before you consider selling your home is recommended. Once you know the status of your home, you can get to work on repairing it.

Expensive Repairs

You can choose to fix or not – whichever you choose, if you don’t do the repairs, you need to let prospective buyers know what the issues are and consider a lower sales price as compensation. Fixing the issues is the best action to give your home a fighting chance to sell quickly and for a good price.

Declutter, Clean and Stage The Property

An attractive home is appealing, and homebuyers will be keen to put in an offer. Similarly, a dirty, unkempt home and garden turn homebuyers off. So Declutter, clean, do some cosmetic renovations like painting and replacing the flooring. Then hire a home stager who knows interior design and how to attract buyer interest.

Sell Off The Market

Alternatively, you can consider selling the home to a business rather than a private individual. If you use a home buyer company, you can sell the property at market price, warts and all. So, you’ll save yourself a fortune on fixes and repairs while still profiting from the sale.

Cut The Cost

Last but not least, an unsellable home can still be marketed as a fixer-upper. However, all it needs is some TLC, and this could be a dream home – it is the idea that you’ll try and push towards the interested, keen buyer.

You’ll need to make sure that you can sell the idea of your home being a project to invest in rather than the finished product. Obviously, this will impact the asking price, but you’ll still be able to get it off the market with the right price tag.

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