Home selling is one of the common investments most people do. Agree? Yes, since buying a property in Bonifacio Global City or any other properties in the Philippines is also an investment for the future. That is why, if you have just noticed, more and more people are now into real estate investing. Who knows, you can be one of them too.
Before you can decide on what property you would like to have, there will also be a lot of thinking on what features of a particular property you like. Some of you here might like living in a simple yet elegant property while others would prefer the luxury one. Of course, choosing what you like is a must.
However, one of the reasons why most homeowners would decline your offer is because you have some issues that you fail to oversee and fix. Of course, homebuyers are also keen when it comes to those matters. Well, to give you an idea, below are the reasons as to why your home isn’t selling.
1. Covering up potential issues
It is one of the reasons why home buyers would back out from your offer. People naturally don’t like secrets especially when they know they can be involved with that matter. How much more when you deal with home investors? Covering up potential issues such as bad odors, bad foundation, no facilities that can be of use, and other major or minor defect found at the property would cost you a big mistake.
One way or another, your homebuyers would know about secrets. As a result, some of them would make a scene and would settle things with you in court. You’re lucky if the person who bought the property is fair enough that the issues can be resolved through a good deal. However, if you’re not, then good luck on how you can resolve the issues.
That is why it is crucial for you to disclose any of the issues to your potential home buyer to know what solutions you can think of and have a better deal out of it.
2. Overpricing the home
When selling a property, always remember that home buyer would overlook an overpriced home. And if you tend to raise the value of your home, it would most likely take you some years before you can successfully sell your home. Of course, who would want to invest in an overpriced home when they can have a property that is affordable enough for them to have without compromising the quality of the place.
Moreover, you have to know that even wealthy home buyers would also overlook a property that is too expensive without any assurance that they can have what they want. Of course, the value or the price of your home is one of the deciding factors of most homebuyers. That is why you also have to be careful when it comes to deciding on what price your property should have.
3. Failing to prepare the home for listing
Never list your home online if there are still a lot of home repairs or renovations that you need to do. Well, talking about cleaning, decluttering, repairing, decorating, and other things you need to do to beautify your home. When you don’t care about all these things, this can turn-off homebuyers and would decline your offer without any hesitations at all.
The beauty of your property is one of the main factors why home buyers would choose your home. That means the interior and exterior design of your home would matter when selling your home. And when you have such beauty in your home, homebuyers would line up for that.
4. Not being accommodating for showings
If you want to sell your home, you have to expect that there would be a time where you would show your property to your potential homebuyer. And if you are not that accommodating and approachable enough with your clients, they would not like to continue investing in your property. Of course, there are a lot of home sellers who are willing to show their homes.
Additionally, showing your actual home to home buyers can also be one of the deciding factors for them. If they like what they see, then they will most likely invest in your property. But if not, then think about what other things that you miss or fail to see. With that on, you will have an idea of what and what needs to be done to make homebuyers like your property.