Saturday, July 5, 2014

Costly Mistakes You Don't Want to Make When Selling Your Home


With the market continuing to improve, more people are putting their homes on the market. However, even with better prices and more buyers looking to buy, several mistakes that sellers often make can mean a lower price or even the possibility of not being able to sell your home. Here are some things to avoid to help you get the best price in the shortest time.

1. Going the DIY Route


One of the biggest mistake sellers make is trying to sell their homes themselves. They often think about the cost of commission, but what they don't realize is that real estate agents can help them get more money for their homes.

2. Setting the Wrong Selling Price


Most homeowners think their homes are worth more than they really are. Setting the price too high even if you are willing to negotiate can lower the interest you receive in your home from buyers. However, you also don't want to go to the other extreme and set the price too low just to be competitive.

3. Not Fixing Up Easy or Necessary Repairs


Many homeowners are ready to move on and not sink any more money into their homes. However, this can cause their homes to stay on the market longer or bring a lower price. It is better to spend a few extra dollars on important repairs or cosmetic updates that will improve the look and function of your house.

4. Not Staging Your Home


Even if you don't want to spend the money for a professional stager, you need to think about how your home looks to buyers. This includes putting away personal items and reducing clutter. This can open up a space and make your home attractive to more buyers.

5. Not Putting Your Home in the Best Light


This mistake can happen in various ways. One of the biggest issues is in the quality of photos provided. You want people to see your home and immediately fall in love with it, but that can only happen if you take good quality photos that show its best features.

Not hosting open houses is another problem. People need to be able to see your home without obligation and that often happens with an open house. You can attract more buyers by having regular open houses and ensuring that your home looks its best.

Avoid these mistakes and you will have a better chance at selling your home fast and for top dollar. If you are ready to sell your home and buy a new one, give me a call. I can help make your dreams come true.

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