How to Avoid Making 4 Pitfalls First-Time Home Sellers Make

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Real Estate Agent with www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 228209

How to Avoid Making 4 Pitfalls First-Time Home Sellers Make

SOLD by Debe in Charlotte

Are you thinking about selling your Charlotte home? If this is your first time going through the home-selling process, you may be wondering just how well things are going to go. Selling a home is usually a smooth process – there are thousands of homes sold each day – but, issues can arise if you're not unaware of the ‘pitfalls.’ Let's explore four mistakes that are commonly made by first-time home sellers and how you can avoid them.

 

Trying To Sell Without Experienced Representation

 

The first and most significant mistake that some first-time home sellers make is to try to go it alone. Selling a house is a major financial and legal transaction and one where experience is crucial in a successful sale. Investing in an agent who has a track record for quick, efficient sales, will give you a distinct advantage over going it alone. Read more about why you do not want to try to sell your home the first time or ANY time, on your own.

 

Choosing Emotion Over Reason

 

Next, you'll want to avoid letting your emotions control how you react or respond during the selling process. Many homeowners become emotionally attached to their homes, which is fine while you're living there but, emotion can get in the way you're selling. It's important to let logic and reason guide the sale. Read more about not letting yourself get caught up emotionally or you may make a critical mistake.

 

Pricing Outside Of A Realistic Range

 

PricingAsking too much – or yes, too little! – for your home is another common mistake made by first-time home sellers. It's critical to understand that the hyperlocal real estate market has a lot of influence on pricing your home. Current listings and recent sales of similar homes in the area truly set your price range, so these will need to be given weight in your pricing decision. As a local Charlotte real estate broker, I will offer wisdom and data with regards to your choosing the right sale price. 

 

Read my article with an extensive explanation of how to properly price your Charlotte home.

 

Lack of Preparation

 

preparation in selling your Charlotte homeThe final mistake we'll cover today is lack of preparation. I’ve had sellers phone me to say, “Okay, I’m ready to list my Charlotte home - TODAY!” There is much more to just throwing a sign in the yard, entering your home in MLS and praying that we find a buyer for you quickly! 

 

Read more about home selling including de-cluttering, painting, pre-inspections and more.  Preparation and pricing are the two key factors in having a successful sale.

 

Selling your first home can be a daunting experience but, with the right advisor and professional representation, it will go smoothly. To learn more about the home selling process or to list your Charlotte home for sale, our real estate team is happy to assist.

 

SELLERS

If you're thinking of selling your Charlotte homelet’s talk!  As with everything in life, preparation is key and I will equip you with what you'll need to get you, as seamlessly as possible, through the home-selling process. Call or text (704) 491-3310 and let’s get started!

*References from any of our sellers are available upon request.  Read our reviews at www.CharlotteRealEstateAgentReviews.com

Hiring the RIGHT Charlotte Realtor® is critical to your home selling success too!

 

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com |How to Avoid Making 4 Pitfalls First-Time Home Sellers Make

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Brian England 12/05/2017 06:25 AM
Topic:
Home Selling
Location:
North Carolina Mecklenburg County Charlotte
Groups:
North Carolina Real Estate
The Art Of Marketing You
Posts to Localism
Charlotte North Carolina Area
Advice for Sellers
Tags:
first time home seller tips
charlotte home seller mistakes

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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

That is too funny, Tammy Lankford, I just had one that Closed that the buyer was the original low-baller! The remaining terms of the Offer were the best of all of the Offers but, the seller wanted to trash that Offer. I suggested countering and letting him know that he had company in the Offer arena first. Buyer was just seeing if he could 'get a deal' but, responded to accept the sellers' Offer. No appraisal contingency, no repair request, quick Closing - it was a dream deal!

You are SO right - had this seller not been represented, this dream buyer would not have been their choice of who they were going to deal with!

Dec 05, 2017 05:28 AM #12
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Thank you so much, marti garaughty! I hope you're doing well - always great to have you stop by!

Dec 05, 2017 05:29 AM #13
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Hi, Endre Barath, Jr.! I had a meeting with a first-time seller yesterday and realized that no one they had spoken with had explained these 'hazards' to them. So, I had lots of 'splainin' to do and dictated the points to this post after I left them!

Dec 05, 2017 05:34 AM #14
Ambassador
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Exactly, James Dray! I hate to hear the 'go-it-alone' comment! I have a ton of information that I share with them to get them to understand why they don't want to do their own heart surgery either! 

Dec 05, 2017 05:36 AM #15
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Hi Sally K. & David L. Hanson! Oh, that is so true! Some of them get something in their heads and just can't let go! 

Dec 05, 2017 05:37 AM #16
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Good Morning, Gabe Sanders! Read and heed, for sure!

Hope you're having a wonderful week!

Dec 05, 2017 05:37 AM #17
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Good Morning, Wayne Martin! If you follow my advice, your home WILL SELL!! 

Dec 05, 2017 05:38 AM #18
Rainmaker
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Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

These are great tips and certainly would apply for just about any market, I need to share this with others!

Dec 05, 2017 06:24 AM #19
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Share away, Brian England! And, thank you! Yes, it certainly does apply in every market too!

Happy Tuesday!

Dec 05, 2017 06:53 AM #20
Rainmaker
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Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Your Alexandria Virginia Real Estate Agent

Debe, this could be a handout in a listing presentation. You nailed it! I hope sellers everywhere read this and let it sink in too! 

Dec 05, 2017 07:13 AM #21
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Lots of valuable links in this post, Debe. Agree with the rest, these tips would apply to all of our markets. Nice job. D 

Dec 05, 2017 08:11 AM #22
Rainmaker
173,485
Abby Stiller
Premier Realty Homes of SWFL - Cape Coral, FL
Real Estate Agent Serving Southwest Florida

We wish all sellers can understand these factors so they can sell their homes faster and make more money. Have a great day Debe Maxwell, CRS 

Dec 05, 2017 08:15 AM #23
Rainmaker
2,367,633
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Excellent blog and feature material for sure.  If it okay I would like to reblog this in a couple of weeks?

 

Dec 05, 2017 08:16 AM #24
Rainmaker
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Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Debe -- this post shows why you offer those who work with you that "something special" that is necessary in these challenging times in real estate.  Good job.  

Dec 05, 2017 08:29 AM #25
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Debe these are all mistakes I have seen Sellers make.  Especially the first one.

Dec 05, 2017 11:34 AM #26
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Saw this on a reblog and sellers especially firt timers should realize that once the home is listed it is not longer theirs so let go.

Dec 05, 2017 02:36 PM #27
Rainmaker
3,222,676
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Debe

Your tips are a big help for a first time home seller putting their home on the market for sale.

Good luck and success.

Lou Ludwig

Dec 05, 2017 08:27 PM #28
Rainmaker
15,700
Delphine Nguyen
Baird & Warner - Northbrook, IL

Bravo! Sage advice, Debe. I think this advice is great for first time sellers and even oft-time sellers who could benefit from refreshing their minds before engaging the selling process. A very helpful article, indeed. Thanks for sharing.

Dec 06, 2017 10:14 AM #29
Rainmaker
1,891,907
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

Excellent tips for home sellers! Of course, I'm partial to the "Preparation" one. LOL

Dec 07, 2017 01:59 PM #30
Rainmaker
1,582,085
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

All of these things comes with experience - that's why it's important for buyers and sellers to hire you!

Dec 09, 2017 08:38 AM #31
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