Selling a home can be both an exciting and overwhelming experience, especially if it's your first time. To ensure a successful sale, it's important to avoid common mistakes that can hinder your efforts. In order to help you achieve a smoother and more profitable sale, here are five things not to do when selling your home.
Not Hiring an Agent:
Selling a home on your own sounds like a great plan at first, but in practice, it doesn’t end well. Real estate agents have access to resources, knowledge and experience that can help you sell your home faster and for a higher price. They also take care of marketing, scheduling showings, negotiations, saving you time and stress during your sale. Without an agent, you may miss out on potential sales, or not get the value you deserve for your home.
Skipping Out on Big Repairs:
Ignoring major repairs before selling your home can negatively impact its value, while also deterring potential buyers, and hinder your sale. Fixing any significant problems will raise your home’s appeal, as well is increasing your homes value! Brand new features like new plumbing, or upgraded HVAC systems can attract buyers while also potentially increasing sale price of your home.
Setting a Realistic Price:
Setting the right price for your home is one of the most important aspects of successfully selling your home. Work with your agent to find the most accurate price for your home based on it’s current market value, and trust that it is a fair price for your home. You may feel like your home is worth more, but Overpricing your home can turn off potential buyers, and bring your sale to a halt.
Not Preparing the House:
First impressions are important in the home buying process, and not properly preparing your home for people to view it can prevent you from selling. Remove personal belongings and clutter, properly clean, and if you need to, consider painting your home a neutral color. This way, you can prevent buyers from viewing your home as “your home” and allow them to see it as “their home”.
Don't Be Closed-Minded at the Sale:
Everyone wants to sell their home for the highest value, but sometimes the highest number isn’t the best option. If you wanted to sell in a month, but they couldn’t buy until next year, you cant make that deal work. Be open to hearing out every offer, and be willing to negotiate lower offers. Don’t count out deals because they are too low, or even if they want to make renovations to the house. Its not insulting to want to change something, it just means they have a different vision.
Selling a home troublesome time, and without guidance, can prove to be a very overwhelming challenge. Avoiding these common mistakes can save you time, money and vastly improve your selling experience. Reach out now to one of our agents here to let us help you make your sale a success!