5 Mistakes Home Sellers Make and What They Should be Doing
Money is tight these days, and everywhere we can we look to save. When we try to sell a house
These are simple mistakes people make when selling their home and how to go about fixing them
1. Selling Your Home Alone
via GIPHY
Selling a home is not as easy as people believe, paperwork, attorneys, inspectors, angsty buyers, the list goes on and on. Selling a home is work and many people quickly realize they don't have the time or experience to sell their home for the best value. Doing some homework before you sell and willing to be attentive to the process is one way to fix the situation. Hiring an experienced agent who has done all of this many times before is an easier way to handle it.
2. Overpricing The Sale
via GIPHY
Pricing a home higher than its actual value and negotiating the price down with buyers seems like the right way to sell a house, but more often than not this does not end well. An overvalued house generally receives less potential buyers, and eventually leads to price cuts if it doesn't sell. Then there's an additional problem, what do buyers think the price cuts were for? Best advice, get a real estate agent to do the market research and price the home appropriately. Get a lot of potential buyers and let them bid up the price of the home.
3. Won't Work With Buyers
via GIPHY
Negotiating the price, furniture removal, house cleanup, and other requests are part of the selling process. Sometimes sellers are reluctant to incur extra costs or take less money than originally planned for the house, and on the other side buyers don't want to pay the full price. You must remember, owning the house is costing costs money so selling in a timely fashion could be important. Negotiating and compromising with a buyer is a critical part of selling your home. It is important to listen to everything the buyer says as a seller and make them feel at ease about
4. A Dirty House
via GIPHY
When buyers walk into a house, cleanliness will definitely make an impression. Some people can see past the clutter of a dirty house and envision their own design, but most peoples impression of a house will be affected by clutter and a mess. Granted it does add to their clean up time and other potential issues like mold that might be hidden. Pro tip, do a little spring cleaning before letting buyers come see your place.
5. Not Enough Open House Time
via GIPHY
Sellers have to be open to showing their house to buyers at inconvenient times if they plan to sell fast. Buyers have different schedules and if they aren't looking at your property then they will be looking at someone Else's. An agent can help show the property when you are not available. This will lead to more potential buyers seeing your home and your home selling.
These are some of the top 5 mistakes sellers make when trying to sell their house. It costs people a lot of money to make these mistakes so make sure to include them on your checklist if you are planning to sell. Real estate prices change all the time and they don't always go up, stay knowledgeable.
These are simple mistakes people make when selling their home and how to go about fixing them
1. Selling Your Home Alone
Selling a home is not as easy as people believe, paperwork, attorneys, inspectors, angsty buyers, the list goes on and on. Selling a home is work and many people quickly realize they don't have the time or experience to sell their home for the best value. Doing some homework before you sell and willing to be attentive to the process is one way to fix the situation. Hiring an experienced agent who has done all of this many times before is an easier way to handle it.
2. Overpricing The Sale
Pricing a home higher than its actual value and negotiating the price down with buyers seems like the right way to sell a house, but more often than not this does not end well. An overvalued house generally receives less potential buyers, and eventually leads to price cuts if it doesn't sell. Then there's an additional problem, what do buyers think the price cuts were for? Best advice, get a real estate agent to do the market research and price the home appropriately. Get a lot of potential buyers and let them bid up the price of the home.
3. Won't Work With Buyers
Negotiating the price, furniture removal, house cleanup, and other requests are part of the selling process. Sometimes sellers are reluctant to incur extra costs or take less money than originally planned for the house, and on the other side buyers don't want to pay the full price. You must remember, owning the house is costing costs money so selling in a timely fashion could be important. Negotiating and compromising with a buyer is a critical part of selling your home. It is important to listen to everything the buyer says as a seller and make them feel at ease about
4. A Dirty House
When buyers walk into a house, cleanliness will definitely make an impression. Some people can see past the clutter of a dirty house and envision their own design, but most peoples impression of a house will be affected by clutter and a mess. Granted it does add to their clean up time and other potential issues like mold that might be hidden. Pro tip, do a little spring cleaning before letting buyers come see your place.
5. Not Enough Open House Time
Sellers have to be open to showing their house to buyers at inconvenient times if they plan to sell fast. Buyers have different schedules and if they aren't looking at your property then they will be looking at someone Else's. An agent can help show the property when you are not available. This will lead to more potential buyers seeing your home and your home selling.
These are some of the top 5 mistakes sellers make when trying to sell their house. It costs people a lot of money to make these mistakes so make sure to include them on your checklist if you are planning to sell. Real estate prices change all the time and they don't always go up, stay knowledgeable.
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