The biggest mistakes to make when selling your home
Unfortunately, hen homeowners are ready to sell their home, they don’t do their research. It’s very likely for your home is your most valuable investment. When you sell it, you’ll want to collect the biggest possible profit. However, when you sell your home, you need to understand the competition. There are other people selling in your area, and just like in any other competition, mistakes can cost you. Here are some common home seller mistakes we can help you avoid:
Selling “as is.”
In this competitive marketplace, you need to show your house at its best. Your home should be in a “ready-to-move-in” state from the moment it’s listed. We can point out your home’s principal assets and suggest how to highlight them, as well as help you identify which items need improving.
Overpricing or under-pricing.
You can turn away some of the best prospects for buying your home by setting the price too high. By not asking enough, you’ll sell faster but net less from the sale. We’ll do a comparative market analysis and help you set the best price for your home.
Over-improving.
Too many major renovations could cost more money than you would recover from the sale. However, some major repairs, like replacing a roof, should be done if they are needed.
Failing to offer financial incentives.
Special options can attract buyers without costing a lot. Often, incentives like a home warranty or paying points or some closing costs can be figured in when setting the price of the home.
Selling it yourself.
Doing your own marketing looks tempting as a way to save money. But surveys show that people who sell themselves often net less from the sale than sellers who use a real estate agent. Agents do a lot more than people may think, from bringing qualified buyers to keeping things on track to settlement.
Ignoring your agent’s advice.
As experienced professionals, we know what works and what doesn’t. Let’s discuss any advice you are uncomfortable with or disagree with, and together we’ll find the best way to sell your home.
Contact us when you’re thinking about selling your house. We’ll assist you with avoiding costly mistakes like these.
