Basic reasons why a property is taking a long time to sell

Selling a property can be a challenging process, and in some cases, a property can remain on the market much longer than expected. If it's been a while since you listed your property for sale and you still haven't found a buyer – this article might be for you.

Below, you’ll find some of the key reasons why a property takes a long time to sell and struggles to attract buyers. As a seller, you might finally discover the real reason your property hasn't sold yet – without even realizing it.

Overpriced property

This is the first and most common reason a property stays on the market for too long. If your asking price isn’t aligned with the real market value, don’t expect a quick sale. You'll only waste valuable time, and sooner or later, you'll realize that price is the most crucial factor. That's why it's smart to consult with real estate agencies and leave the pricing to the professionals.

Unsorted documentation

Paperwork first, then the sale – that’s the mindset most buyers follow. The sooner you get the documents in order, the sooner you can close the deal at a better price. Many sellers wait for a buyer to appear before they start organizing paperwork, thinking it’ll only take a few days. To avoid turning those “few days” into months or even years, prepare all necessary documentation in advance to prevent potential sales from falling through.

Poor property marketing

We live in a digital age where buyers search listings via computers and smartphones. Visual appeal is essential – high-quality photos and videos can significantly boost interest. A detailed listing with all relevant information can make your property stand out and sell faster.

Untidy property appearance

No potential buyer will feel excited about a property that looks poorly maintained. If the property is empty, tidy it up as much as possible. A fresh coat of paint and a deep clean can do wonders. If someone still lives in the property, make an effort to present it in the best possible light. Buyers won’t mind furniture that’s not to their taste – but a dirty kitchen and stained walls are definite deal-breakers.

Choosing the right agent and agency

We strongly recommend leaving the sale of your property to professionals. Real estate agents know the market, and their advice can help speed up the sale and save you time – which is a precious resource nowadays.

Now that you know the possible reasons your property hasn’t sold yet, take another look at your listing and adjust anything that may be holding back the sale. If you decide to work with our agents, rest assured that they will guide you through these points and stay focused on achieving your ultimate goal – a fast and successful property sale.

Ena-Lemana S. 

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