Fraud Blocker
Your search results

5 Reasons Why Your House Isn’t Selling – and How to Overcome Them!

Posted by Jayson Ang on June 24, 2023
| 0

TLDR

When trying to sell your home, ensure it is competitively priced based on its unique features and the current market trends. High-quality photos and staging can significantly enhance the appeal of your property to potential buyers. Additionally, maximizing natural light and addressing minor repairs can make your home more attractive. Consider these factors carefully before deciding whether to buy, sell, or wait in the real estate market.

Your home has been on the market for a while now but it’s taking longer than expected to receive the ideal offer. It’s not a great sign if it’s taking so long to be sold – the longer it stays, the more potential buyers could infer there might be something wrong with it. If your house isn’t selling, here are some potential causes and how to combat them.

1. Your House Is Overpriced

One of the key explanations why your home isn’t off the market yet is that it is priced too high.

Recently, you’ve been aware that certain HDB flats in more outside central regions were sold for a million dollars. Even more surprisingly, a flat in your neighborhood achieved this same amount.

This makes you contemplate that you could list your flat at the same price, however, if your flat is a 1,300 sq ft 5-room property in Yishun while the million-dollar flat is a 1,900 sq ft executive flat, prospective buyers will immediately be deterred and decide to walk away.

Don’t be swayed by the high price of a property nearby – if your home doesn’t boast similar advantages, such as a generous floor area or a fresh renovation, it won’t fetch the same price. You can check with me with your estimated Property Valuation to ascertain the correct rate for your house, and keep a tab on similar properties in the area to get an understanding of the real estate market. Don’t let that one sold-at-a-staggering-price home distract you!

Take a peek at what other houses are listed around you. Does your price tag reflect the average prices? If not, it may be time to lower the price and increase your chances of finding the perfect offer instead of waiting for months on end with no offers.

2. The Photos In The Listing Are Bad

Nowadays, potential home buyers flock to property portals like 99.co, and the first thing they notice are the photos of the property. Thus, if you have a listing on such portals, make sure the images aren’t blurry or dark, as this can discourage buyers from considering your house. With so many properties having beautiful pictures, buyers are likely to pass over listings with inadequate photos. So, if you think the photos of your home don’t do it justice, speak with your agent about replacing them for a more attractive presentation.

Take your listings to the next level – why not add a video? Creating an engaging video for your property has never been easier, produce video listings in no time, and get more leads in less time.

If not, it might be wise to consider enlisting the assistance of another agent who could assist you in showcasing the property in the best possible light, perhaps even enlisting a professional photographer to take pictures for promotional materials.

3. Your House Isn’t Staged

If your house doesn’t seem very appealing to potential buyers, it might be because of the matching chairs and couch in the living room, or because the kitchen counter is cluttered.

Either way, people can’t imagine living there. So they don’t bother to visit. One solution to make it more attractive is to stage it, not only for the photos for the listings, but also for the visits.

Enhancing the look of your home with furniture, decorations, and plants is a great way to help potential buyers envision themselves living there. A property agent can provide valuable tips for how to effectively stage your home. If you need extra help, many agents offer professional home staging services.

4. Your House Looks Very Dark

If potential buyers come across your house on a property portal and decide to visit it, but upon arrival find it not to their liking due to its dimness, they may say, “No, this is too dark for me.” On the contrary, however, you may find the house to be well-lit and airy due to your personal preference or the way you have habituated to it (like keeping the black curtains drawn to keep out the sunlight).

When selling your house, appeal to as many people as possible by starting with a simple task: clean the windows! By allowing natural light in with day curtains, you’ll brighten up the atmosphere of the home, while still offering some privacy and reducing any potential glare.

5. Your House Looks Like It Needs A Lot Of Repair

Having your house on the market for over 20 years with no renovation in that time?

That can be a turn-off for potential buyers. The sight of water damage on the ceiling would only confirm that the house needs a lot of work and maintenance – something most buyers don’t want to invest in. It would be a waste of time and money to do any renovations now, right?

In Singapore, potential home buyers tend to renovate to their tastes, so those hoping to move in quickly may not be keen to put in an offer; renovations like replacing the floor tiles or dismantling the kitchen cabinetry take time, which translates to longer periods before being able to move in.

Even if it’s been ages since your home has been updated, it may not be worthwhile to completely overhaul it. To breathe life back into it, why not consider some minor modifications? These may include painting the walls and ceilings with a more neutral hue, hiding any cracks, and addressing any water leaks.

Should You Buy, Sell or Wait?

If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?

It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.

I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.

I can help you by:

  1. Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
  2. Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.

You May Also Like …


How Will Singapore’s Development Influence The Real Estate Markets In Bedok, Changi, Pasir Ris, And Tampines : 2023
All Blog Posts Opinion

How Will Singapore’s Development Influence The Real Estate Markets In Bedok, Changi, Pasir Ris, And Tampines : 2023

TLDR You will find detailed insights into upcoming housing developments in the East of Singapore, specifically in areas like Bayshore,...
Read More
Top 5 Reasons : Why Investing in Singapore’s Property Market Is a Smart Move for Expats – Expert Analysis!
Mandarin Top 5

Top 5 Reasons : Why Investing in Singapore’s Property Market Is a Smart Move for Expats – Expert Analysis!

Singapore, a thriving city-state in Southeast Asia, has long been a popular destination for expatriates seeking new opportunities and a...
Read More
5 Risks Upgraders Should Be Aware of To Avoid Financial Troubles When Progressing Their Property
All Blog Posts Buying Tips

5 Risks Upgraders Should Be Aware of To Avoid Financial Troubles When Progressing Their Property

TLDR The article delves into the intricacies of property asset progression in Singapore's real estate market. It highlights the risks...
Read More
Singapore Sights & Sounds: 5 Must-Know Facts From the Little Red Dot
Mandarin Top 5

Singapore Sights & Sounds: 5 Must-Know Facts From the Little Red Dot

Singapore, affectionately known as the Little Red Dot, is a vibrant city-state in Southeast Asia that boasts a unique blend...
Read More
Integrated Developments: Do They Live Up to the Hype? Check Out These Five Factors
All Buying Tips

Integrated Developments: Do They Live Up to the Hype? Check Out These Five Factors

TLDR Integrated developments in Singapore offer a one-stop solution for residents by combining residential, commercial, and transport elements in one...
Read More
5 Reasons : Why Investing In Singapore’s Property Market Can Be A Good Retirement Plan
Mandarin Top 5

5 Reasons : Why Investing In Singapore’s Property Market Can Be A Good Retirement Plan

Investing in Singapore's property market can be a good retirement plan for several reasons. Here are five key factors that...
Read More
Find Your Dream Home: Top 5 Property Investments for Families in Singapore
All

Find Your Dream Home: Top 5 Property Investments for Families in Singapore

As one of the most prosperous countries in the world, Singapore is an attractive destination for families looking to invest...
Read More
Five Pitfalls of Selling a Home for the First Time
All Blog Posts Buying Tips

Five Pitfalls of Selling a Home for the First Time

TLDR When selling your first home, avoid holding out for a better offer as it may backfire. Let your agent...
Read More
5 Singapore Property Trends to Watch in 2023: Expert Weigh In
Mandarin Top 5

5 Singapore Property Trends to Watch in 2023: Expert Weigh In

5 Singapore Property Trends to Watch in 2023: Expert Weigh In Top 5 Singapore Property Trends to Watch in 2023...
Read More
The Top 5 Renovation Tips For Increasing The Value Of Your Singapore Property Investment
Mandarin Top 5

The Top 5 Renovation Tips For Increasing The Value Of Your Singapore Property Investment

When it comes to increasing the value of your Singapore property investment, strategic renovations can make a significant difference. Here...
Read More
Investment 101: The Top 5 Best Long-Term Values In Singapore’s Property Market
Buying Tips Mandarin Top 5

Investment 101: The Top 5 Best Long-Term Values In Singapore’s Property Market

Investment 101: The Top 5 Best Long-Term Values In Singapore's Property Market When it comes to purchasing property in Singapore,...
Read More
Top 5 Best Instagrammable Spots in Singapore
Mandarin Top 5

Top 5 Best Instagrammable Spots in Singapore

Singapore, a vibrant and modern city-state, is known for its stunning architecture, lush green spaces, and colorful streets. With its...
Read More
5 Reasons Why You Should Consider Hiring an Agent Instead of DIY-ing It
All Blog Posts Opinion

5 Reasons Why You Should Consider Hiring an Agent Instead of DIY-ing It

TLDR Understanding the complexities of the real estate market and transactions can be overwhelming. Enlisting the help of a real...
Read More
Unveiling the Truth: Why Freehold is Not Always the Optimal Choice for Property Investment
All Blog Posts Opinion

Unveiling the Truth: Why Freehold is Not Always the Optimal Choice for Property Investment

TLDR When it comes to investing in real estate in Singapore, traditional beliefs may not always hold true in today's...
Read More
6 Reasons to Think Twice Before Hiring a Friend or Family Member as Your Agent
All Blog Posts Opinion Selling Tips

6 Reasons to Think Twice Before Hiring a Friend or Family Member as Your Agent

TLDR In Singapore, hiring a friend or family member as your property agent can be risky. Disclosing sensitive financial details...
Read More
5 Tips : How To Negotiate A Good Deal When Buying A Singapore Property
Mandarin Top 5

5 Tips : How To Negotiate A Good Deal When Buying A Singapore Property

When looking to buy a property in Singapore, it's essential to know how to negotiate a good deal. Here are...
Read More
Top 5 Nature Walks in Singapore for Hikers
Mandarin Top 5

Top 5 Nature Walks in Singapore for Hikers

Singapore, a bustling city-state known for its impressive skyline and modern architecture, is also home to a plethora of natural...
Read More
5 Tips for Renting Property in Singapore
Mandarin Top 5

5 Tips for Renting Property in Singapore

Renting property in Singapore can be a challenging task, especially for those who are new to the country. With Singapore's...
Read More
Top 5 Cocktail Bars in Singapore for a Night Out
Mandarin Top 5

Top 5 Cocktail Bars in Singapore for a Night Out

Singapore, the vibrant city-state known for its impressive skyline and diverse culture, is also home to an exceptional cocktail scene....
Read More
Neighbourhood Estate Guide: Is Holland Village the Most Charming and Relaxed of HDB Estates?
All Buying Tips Opinion

Neighbourhood Estate Guide: Is Holland Village the Most Charming and Relaxed of HDB Estates?

According to the 2014 master plan, Holland Village was given the prestigious title of an "identity node," confirming its status...
Read More
1 2 3 29

Compare Listings