What to Do When Your Home Won’t Sell: Part 1

Are you having trouble trying to sell your home? If so, you may want to try one of these four alternatives.

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Listing your home can be a stressful experience in and of itself, but this is especially true if you’re having a difficult time attracting buyers. To help address this common problem, our team is launching a two-part series on what to do when your home won’t sell. And today marks the first episode.

We’ll be covering the first four solutions in this installment, so let’s dive right in:

1. List again in the future. Sometimes the reason your home won’t sell is simply that the timing’s wrong. Sellers must consider current market conditions, as well as their own personal circumstances, before putting their home on the market. If you’ve been struggling to sell, sometimes the best solution is to try again at a more opportune time.


2. Refinance your mortgage instead of selling. If your motivation to sell is largely financial, then perhaps a home sale is not the right solution at all. This isn’t to say that a sale is entirely out of the question, but you should consider other options if this is your reason for listing. Speaking with a lender is a great first step. They will be able to inform you of your options based on your individual situation. 

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If you’ve been struggling to sell, sometimes the best solution is to try again at a more opportune time.

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3. Turn your home into a rental. This isn’t always the best solution for those who lack experience in acting as a landlord, but it can be a decent alternative to selling for those ready to accept this (often hefty) responsibility. There are renters out there who will take great care of your home, but you must be prepared for less favorable outcomes before you decide to rent out your property. You should also check with your mortgage company to ensure that this option is within your legal right.


4. Pursue a short sale. This option isn’t as common right now as it was in years past, but it is still available for those who need it. Still, like the other options we’ve listed, sellers must think carefully about their situation before pursuing a short sale. Having an attorney by your side when you do so may also be a smart move.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.