Stagnant Listing: Best Practices to Fix This Problem

Stagnant Listing-Best Practices to Fix This Problem

Stagnant listing is one of the most common issues homeowners face when selling their properties. The reasons may vary from one individual to another. Often, overpricing, poor photos and descriptions, or dark and dreary houses are the most prominent issues. 

If you wish to sell a house fast for cash in Clawson, MI, a cash home buyer like Detroit Cash For Homes is your safest bet. We buy houses as-is without staging and listing. However, many sellers prefer a traditional route for various reasons. Are you one of these sellers? Before you hire a real estate agent, here is everything you should know about stagnant listings. 

  • What is a stagnant listing? 

A house is said to have a stagnant listing if it sits on the market for several weeks or months. During this time, it does not receive even a single offer. It almost looks like no one has noticed it. As a result, the chances of selling a house decrease. 

When a property sits idle on the market for a prolonged period, people will presume that it has some issues. So, no one will be interested in making an offer. Also, if you reduce the price repeatedly, it will make people more suspicious. Did you know that stagnant staging causes more harm than delaying a sale? After all, it will cost you a hefty amount to pay the insurance, utility bills, taxes, and maintenance. 

If your priority is to sell your house in Clawson fast and without investing money, avoid a stagnant listing. But what can you do if you are already facing this situation? We have a few tips for handling this efficiently.

  • How to deal with a stagnant listing?

The longer your home sits on the listing, the more money and time it will cost you. While there are ways to avoid a stagnant listing, here are some steps to fix it if you are currently dealing with one. 

  • Say no to MLS 

Listing can be expensive and time-consuming. If you want to avoid it, opt for a direct sale to Detroit Cash For Homes. We buy houses in Clawson regardless of the current condition. Our representatives can help you sell your home in as fast as seven days without listing. 

  • Upgrade your marketing 

If you are preparing to relist your house, handle things differently, especially marketing. For example, hire a professional photographer to capture high-quality pictures of your property. Go for paid and upgraded listing options. 

  • Avoid setting an unrealistic price 

Unrealistic prices are the primary culprit in destroying listing. If you set a price that is too high, your potential buyers ignore it, believing it is outside of their budget. On the other hand, with too low of a price, people assume the property is cheap and in poor condition. Therefore, it is advisable to set an appropriate sale price from the first day. 

In closing 

Traditional listing is costly, time-consuming, and tedious. You can avoid all this by selling your house to Detroit Cash For Homes. Our selling process does not involve listings, staging, and marketing. We buy houses in Clawson in all conditions at a fair cash offer. 

If you want to find out more about a direct sale, contact us today.