Why is Your Newport Beach Home for Sale Not Selling?

Selling Your Newport Beach Home | Why a Home Doesn’t Sell

There can be many obstacles when selling a home and the following four points may be reasons why a home will not sell.

1. Not addressing deferred maintenanceNeglecting necessary repairs, and thinking that a potential buyer will not see them is not in your best interest when selling your home. You want to have the HVAC inspected, repair plumbing issues, replace torn screens. Keep in mind a buyer will have a home inspection and the home inspector will uncover issues that may make a buyer want to walk away.

2. Overpricing your property. This can be very emotional for sellers as they often think their home is worth more than the market value is.  It is important to think like a buyer and to consider market value of recent comparable sales. You do not want to overprice and then keep lowering the price to keep up with the market. Price it right from the beginning.

3. Trying to sell it yourself. Keep in mind you would be screening everyone coming through the property, being available to show it, ensure that a buyer is qualified, then navigate the transaction should you get it under contract, managing the timelines, and making sure that it appraises if the buyer is getting a loan. Many FSBO properties are eventually listed with REALTORS® in order to get them sold.

4. Choosing the wrong agent. You want to make sure you are interviewing several experienced agents before selecting an agent. Choosing a Newport Beach real estate agent can make a difference. You want to make sure they understand the community and local area.

If you have any questions about why your home is not selling, please contact me.

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ABOUT ME

Sharon Paxson is a full-time REALTOR® with Compass and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’s, Landlords and Tenants with their real estate needs.

If you are thinking about buying, selling or renting your home, condo or other Real Estate in the following areas including Newport Beach, Newport Coast, Corona del Mar, Huntington Beach there are thousands of Realtors to choose from. However, it doesn't cost you any more to work with a top Newport Beach CA Realtor. We welcome the opportunity to show you how we get outstanding real estate results with specific and targeted marketing. If you are looking for a top real estate agent who will make a difference you have come to the right place. Use this real estate website to learn about communities and homes for sale.

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    Newport BeachCA 92660
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DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

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