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

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Real Estate Agent with Savvy + Company (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

Comments (33)

Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

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
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

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
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

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
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

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

Hope you're having a wonderful week!

Dec 05, 2017 05:37 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

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

Dec 05, 2017 05:38 AM
Brian England
Ambrose Realty Management LLC - 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
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

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

Happy Tuesday!

Dec 05, 2017 06:53 AM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

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
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

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
Abby Stiller
TOP SELLING REALTY - Cape Coral, FL
SW Florida (239) 284-8637

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
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
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 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
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
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
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
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
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired 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
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, 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
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Preparation is a key ingredient or success....and profit !

Dec 16, 2017 04:20 AM
Jeff Perlis Prime Properties
Prime Properties - Lake Arrowhead, CA
Experience Your Own Transformation!

Great post Debe! Selling a home is very different from buying a home. While buying a home generally involves emotions and feelings, selling a home typically centers on maximizing profit potential.

Jun 07, 2018 01:28 PM