There are Only Two Reasons why a Property Doesn't Rent or Sell...

You may be thinking that there are endless reasons why a property does not rent or sell.

It could be that the property backs onto an industrial area, the third bedroom is too small, it is close to a busy and noisy road, there is a lack of storage within the property, the driveway is too steep, or the property is simply in a poor state of repair.

We have now listed six reasons why the property is not renting or selling.

However, there are only two reasons why a property does not rent or sell.

The first is due to a lack of effective advertising and marketing of the property.

You must invest time into how you are going to market and advertise the property so that it stands out and attracts interest.

This could include professional vibrant photos that showcase the property in the best way possible, virtual staging of the property, videos, virtual tours, floor plans, marketing brochures/flyers to hand out at property inspections, or simply coming up with ideas that are outside of the box to attract attention.

The second reason is price. The listing price should reflect the current market of similar properties and take into consideration the standout features of the property as well as the aspects of the property that could be affecting why the property is not selling.

Price the property right and it will rent or sell.