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5 Reasons Why Your Knoxville House Won’t Sell Using Traditional Methods

Why Your Knoxville House Won't Sell With Traditional Marketing!
Traditional methods can be a hit or miss when selling your home in Knoxville

Would you like to know how your home will do on the real estate market in Knoxville? Are you unsure if you should list your home by yourself or through a real estate agent? 

The reason for a direct sale can become a costly self-taught lesson when the phone doesn’t ring and time passes. Our team will explore five reasons your house won’t sell using traditional methods in Knoxville.

Price

One of the first reasons your Knoxville house won’t sell using traditional methods is that you’ve priced it wrong. When buyers search online for home listings, they quickly become very familiar with the size and features at any given price point. Therefore, if the asking price for your home is missing the mark, it sets off alarm bells for buyers. In the past, setting a higher than market price and then negotiating with the buyers to sell just above market may have worked. Today, however, this isn’t a winning strategy because buyers will simply keep scrolling. Likewise, a home priced at below market value is often considered a bargain listing. These sellers typically receive offers below the asking price because buyers who stop and take a look have assumed hidden problems in the listing. A professional buyer like those at Tennessee Property Liquidators LLC will know what amount you should list your home for on the market and what you’d earn after paying all of your expenses. Then, we will compare this amount with the numbers used to reach our cash offer, with no commissions deducted, so you can decide what is best for your situation and that you’ll know you’re getting a fair deal.

Repairs

Another of the reasons your Knoxville house won’t sell using traditional methods is when the property is in a state of obvious disrepair. Unfortunately, most buyers are highly likely to continue searching listings upon noticing the issues with the house. The reasons may vary as to the lack of interest; the buyers may lack the financial means to afford the process of rehabilitating a home or are simply unwilling to do the work and spend the money and time typically involved. After all, time is money, and sellers who are being realistic must factor this into the expenses a buyer will face. Now, on the other hand, through a direct sale to a professional buyer like those from Tennessee Property Liquidators LLC, you can leave all of the concerns and risks of making repairs up to us; we buy homes in as-is condition.

Marketing

Must be present to win. If you skipped costs and cut back on marketing, this is a strong reason your Knoxville house won’t sell using traditional methods. Using less than the highest quality images and showing your home in less than the best light can stop buyers from opening your listing.

Outdated

One reason your Knoxville house won’t sell using traditional methods is that your decor and appliances are outdated. While you may still enjoy your purple paisley print and shag carpeting, buyers cannot look past such a personal stamp on the property. To sell your home for the highest potential profit, it is worth investing in new flooring, wallpaper, cabinetry, and countertops. You should also consider updating the appliances and minor updates to modernize your kitchen and bathrooms to help your property compete against other listings. 

Staging

Showings provide an opportunity for buyers to walk through the home, envisioning themselves living in the house goes far towards closing a sale, which is why real estate agents place so much focus on this stage of the sale. Suppose you have skipped prepping and aren’t using the methods provided by staging to overcome a buyer’s inability to look beyond personal touches and belongings that reflect a sense of ownership in the home. Failure to prep for showings may be just the reason your Knoxville house won’t sell using traditional methods. Don’t overlook the exterior and landscaping when working towards improving the curb appeal of your home. As an alternative, a direct sale to Tennessee Property Liquidators LLC means you won’t have to worry about prepping for showings and dealing with all of the hassles.

The professional buyers at Tennessee Property Liquidators LLC understand that there are many reasons a Knoxville house won’t sell using traditional methods and are here to help. At Tennessee Property Liquidators LLC, our goal is to be sure you’ll feel good about the deal long after closing. The full-service team at Tennessee Property Liquidators LLC are your neighbors, who live and work here in Knoxville; we care about our community and are proud of our work, improving neighborhoods one home at a time and helping homeowners just like you resolve their problems. The professional buyers at the company take the time to listen and answer any questions you may have. Contact Tennessee Property Liquidators LLC at (865) 685-4985.