You’re trying to sell a Memphis Tennessee house that just won’t sell?
And yet – the news says the real estate market is heating up. The media is practically shouting again about multiple offers, high demand, and record-setting prices.
So where’s your contract?
These tips could be just what you need to help you sell your Memphis home.
Why won’t my house sell in Memphis? – 6 Tips To Cure It
1) Get good help.
Similar to previous times, we are seeing a surge of inexperienced agents and investors entering the thriving market, proclaiming their expertise.
However, in reality, they are struggling with the intricacies of financing, deal arrangement, and appraisal. Considering that real estate is likely your largest investment, it’s not wise to rely on just anyone’s guidance. To achieve excellent outcomes, it’s best to collaborate with professionals.
2) Don’t make too many improvements.
It’s common to come across over-improved properties, where the owners have gone beyond what the market can bear. Despite their good intentions, outstanding craftsmanship, and genuine artistic abilities, it’s highly difficult to surpass the market’s expectations. Additionally, most buyers prefer to add their unique personal touches. Therefore, it’s essential to eliminate all unnecessary items and adopt a “neutral” approach.
3) Do make necessary improvements.
Neglected maintenance issues can alarm potential buyers. Therefore, it’s crucial to demonstrate responsible property ownership by fixing all the small details. Avoid leaving gaps in the trim or switch plates off. Hire a professional home inspector to conduct an inspection and proudly display the healthy home report. This can significantly boost buyers’ confidence in their purchase decision.
4) Style and design matters.
Curb appeal is a critical aspect of any property, just as important as the interior. Neglecting one aspect of the property to enhance the other could be a huge mistake. To create a cohesive impression of great style, it’s essential to pay equal attention to both the interior and exterior.
Begin by updating the landscaping, adding fresh mulch, trimming the hedges and trees, and planting colorful flowers to enhance the property’s aesthetic appeal. A fresh coat of paint on the walls can also give the property a new and vibrant look. Cleanliness is also key, as buyers are more attracted to clean and well-maintained properties.
Consider working with a professional designer to tastefully stage the property. A skilled designer can create an inviting atmosphere that helps potential buyers envision themselves living in the space. They can also recommend small updates that can increase the value of the property.
Ultimately, investing in the property’s exterior and interior will create a cohesive impression of great style that can increase the property’s market value and attract potential buyers.
5) Pricing matters a lot.
If you’re getting a lot of showings but not a lot of offers, you might not be too far off in price. If your best efforts to advertise your property aren’t making the phone ring, you’re probably overpriced.
6) Every property will sell – sometime.
There’s no magic formula – but there’s no substitute for experience.
****************
If you need to sell a house near Memphis, we can help you. We buy Memphis Tennessee houses.
We buy properties like yours from people who need to sell fast.