Mistakes to Avoid When Selling a Home
What are these very common mistakes that
are easily avoidable but people make anyway? Here are some of them:
1 Putting out a less than ready home. Lots of garbage, lots of repairs to make, no place to move into, not even a fresh coat of paint anywhere. Doing this can make you lose the chance of selling your home at a better price. Preparing for home selling ideally should come about a year or half a year from your target selling date. Make the necessary repairs and preparations that could help make your home a generally more marketable place.
Putting out too much
renovations and improvements that do not equate to better value in marketing.
Sometimes, homeowners do so much with so little value. Filling up a small
bathroom with a huge Jacuzzi, or eating up the space of half of the house for a
huge modern kitchen that is out of place in your rustic interiors would more
likely shoo away your potential buyers than lure them into buying your place.
Choose your home improvements wisely – home security, more space, etc.
Expecting to sell at such a
high price. Unless you are from a long line of politicians in a historic
family, or living in a home that is in some artist’s popular painting, or
anything close to that, your emotional and personal attachments to the house
have no monetary equivalent. So don’t do exactly that. Hire a professional
appraiser and have him/her assess the value of the house for you. Their
assessment is unbiased and accurate.
Letting the realtor do all the
work. If you’re (a) not Angelina Jolie, (b) not Bill Gates, (c) not anyone
super famous, do some work at selling your home. Stage your house, make your
house presentable when buyers come in, do the repairs and replacements, help
out in marketing your house at the very least and help make things move faster.
Hiring just any agent. Hiring
an agent is practically hiring someone to do for you a la employer-employee.
You need to see their qualifications, ask them what you need to know about them
(and maybe how they’d take on marketing the house). The good thing is, you
don’t need to commit right away with agents. You can shop around – talk to as
many of them as possible until you find someone who suits your needs. And
should there be problems between you and your agent after you’ve signed things
up, the best person to see and talk to about the dispute is the person in
authority – the broker.
Avoid these costly mistakes and have a
hassle-free home selling experience!