Common Home Selling Problems and How to Avoid Them

by 55+ Active Adult Community -Founders' Ridge 02/02/2020

Selling a house should be quick and easy. Yet issues may arise that make it tough to enjoy a fast, profitable house selling experience.

Common problems that come up during the home selling journey include:

1. Lack of Curb Appeal

Dedicate time and resources to bolster your residence's curb appeal – you'll be glad you did. Remember, your residence only gets one chance to make a positive first impression on homebuyers. If your house impresses buyers when they see it for the first time, buyers may continue to pursue your home and submit requests to view your residence in-person.

To improve your house's curb appeal, you should mow the lawn, trim the hedges and perform various home exterior upgrades. Take an objective view of your home's exterior to identify any problems that may make buyers shy away from your residence. Then, you can correct these issues.

2. Initial Asking Price Is Too High

If your home's initial asking price fails to account for your house's condition and the current state of the real estate market, you may struggle to sell your residence. In fact, in this scenario, it may be many weeks or months before you receive an offer to purchase your residence.

Before you list your house, you may want to conduct a property appraisal. This enables you to receive a home valuation from a property expert. With this valuation in hand, you can set a competitive initial asking price for your house, thereby increasing the likelihood of a quick home sale.

3. Buyer's Market in Place

In a buyer's market, there may be an abundance of available houses and a shortage of property buyers. Thus, if a home seller is not careful, this individual may struggle to achieve the best-possible results.

Analyze the real estate market closely, and you can differentiate a buyer's market from a seller's one. If you find that homes linger on the real estate market for many weeks or months before they sell, you likely are preparing to enter a buyer's market. As a result, you'll need to go above and beyond the call of duty to differentiate your house from the competition.

When it comes to selling a house in a buyer's market, it may be beneficial to hire a real estate agent. This housing market professional can help you craft a plan that ensures you can seamlessly navigate the home selling journey, regardless of the current real estate market's conditions.

A real estate agent first will meet with you and learn about your home selling goals. He or she next will develop a personalized home selling strategy and promote your residence to prospective buyers. And if you receive an offer to purchase your house, a real estate agent will help you review this proposal and determine the best course of action.

Take the guesswork out of the home selling journey – collaborate with a real estate agent, and you can get plenty of help as you get ready to sell your residence.

About the Author
Author

55+ Active Adult Community -Founders' Ridge

Set on a picturesque hill and centrally located in the desirable Westfield Section of Middletown, Founders’ Ridge is a New 55+ Condominium Community of up to 75 Ranch and Cape Style detached homes.  Named for the Founding Fathers and Mothers of Middletown, each model bears the name of one of our town’s founders – The Allen, The Martin, The Cornwell, and The Whitmore to name a few. 

Attractively priced from $319,900.00, our homes range from approximately 1200 Sq. Ft. to 2250 Sq. Ft.  Our models offer 2 – 4 bedrooms, attached 2 car garages, natural gas heat and AC, city water and sewer and all underground utilities.  Standard features include wood kitchens with granite tops, stainless steel appliances, tiled laundry and baths, hardwood in living areas, paver patios or decks, paved driveways and professional landscaping.
Founders’ Ridge offers a unique agreement with adjacent Ascentria Care’s Luther Ridge, private apartment living for residents age 62+.  Residents of our community have access to meeting and game rooms, and even dining opportunities (for a small fee) all of which are accessed via quiet, peaceful walking trials connecting both communities.

Centrally located on the Connecticut River, the City of Middletown boasts amenities for any lifestyle.  Residents may take advantage of The Institute for Lifelong Learning at Wesleyan University as well as various other university community activities.  The active Middlesex Historical Society offers additional programs such as museum exhibits, walking tours, and re-enactments among its many events.  Wadsworth Mansion offers a summer concert series and our river and parks offer a wonderful opportunity to explore the outdoors.  Also located in the downtown area is Middlesex Hospital, affiliated with the world-renowned Mayo Clinic, Middlesex offers quality medical care and world class technology.  

We would be remiss if we did not mention our thriving Main Street, famous for award winning cuisine at over 30 restaurant locations, and a Downtown Business District boasting over 40 shops for unique purchases and window shopping and a calendar full of events, performances and more.  Don’t forget about the newly opened RJ Julia & Wesleyan Bookstore alive with frequent happenings and book signings by famous authors.  Our community truly offers something for everyone!