5 Reasons Why Your Property Might Not Be Selling in Lancashire

5 Reasons Why Your Property Might Not Be Selling in Lancashire

Are you struggling to sell your property in Lancashire? If so, you're not alone. The property market in Lancashire is competitive, and there are a number of reasons why your property might not be selling.

Here are 5 of the most common reasons why properties don't sell in Lancashire:

1. The photographs and marketing isn’t good enough. In today's digital age, buyers are more likely to view properties online than in person. That's why it's so important to have high-quality photographs of your home and a marketing strategy that highlights the key features. Make sure the photographs are well-lit and show the property in its best light, your property has to stand out online.

2. The asking price is too high. This is the most common reason why a property doesn't sell. The property market is very price sensitive and buyers will browse online comparing your property to others and if your asking price is too high, they'll simply move on to the next property.

If you are on the market and not getting any viewings it is very frustrating, but if that is the case it is likely to be either or both of the first two reasons listed above. A good way to analyse this is to speak to an estate agent other than your current one and see what they think, how could they improve the online listing?

3. The property doesn't have enough kerb appeal. First impressions count, and if your property doesn't look good from the street, buyer viewings will either start with a negative or not take place at all. Make sure your home is clean, tidy, and well-maintained. You may also want to consider making some cosmetic improvements, such as painting the front door or adding some new landscaping.

4. The property is too cluttered. Buyers want to be able to imagine themselves living in your home, and if it's cluttered with your belongings, it will be difficult for them to do that. Declutter your home before you put it on the market, and make sure to remove some personal belongings. As you are preparing to sell you will need to box up all of your belongings at some point before you move, we recommend starting that process early to make the property appeal to new buyers more.

5. The property is in poor condition. Sometimes buyers are looking for a move-in ready home, and if your property is in poor condition, they'll be less likely to make an offer or make a low offer. Make sure any repairs or renovations are completed before you put your home on the market, it is all of those little jobs that many people put off, a touch up paint job, repairing a broken gate for example. Small jobs can make a big difference as buyers will sometimes spot minor defects and think ti suggests a larger problem.

If you're struggling to sell your property, it's important to take a step back and assess the situation. Are any of the reasons listed above causing your property to languish on the market? Asking a good friend or family member to impartially assess your property and provide honest feedback is always a good idea too. If any issues are highlighted, take steps to address those issues and you'll be well on your way to a successful sale.

Here are some additional tips for selling your property in Lancashire:

• Work with a good estate agent (It goes without saying). A good estate agent will have a deep understanding of the local market and can help you price your property correctly and market it to the right buyers.
• Be open to changing your marketing strategy. This might mean being flexible with your asking price. We always prefer to start at the correct price, rather than amend during the process, but if you're not getting any offers, be prepared to lower your asking price. The longer a home is on the market the more discount a buyer thinks they are entitled to.
• Be prepared to negotiate. Buyers will often try to negotiate the price of a property. Be prepared to negotiate and be willing to compromise to get a sale.

Selling a property can be a daunting task, but it doesn't have to be. By following these tips, you can increase your chances of selling your property quickly and for a good price.

At Moving Works, we are a family owned estate agency based in Preston. We have been helping people buy and sell property in Lancashire for over 20 years. We understand the local market and we are passionate about helping our clients achieve their property goals.

If you are thinking of selling your property in Lancashire, please contact us today for a free no obligation valuation. We would be delighted to help you sell your property quickly and for a good price.

We understand that selling a home can be stressful, so we want to make the process as smooth and stress-free as possible for you. We'll work with you every step of the way to ensure that your property is marketed effectively and that you get the best possible price.

We're here to help you make your move, your way.