5 Home Selling Mistakes

Mortgage and Lending with Liberty One

5 most common mistakes that sellers make when trying to sell a home.

  1. Price your home right. Not what you want or need, but what the market dictates.
  2. No offers in a month. Lower prices at least 3%
  3. Price your home based upon comps of sold properties (within 3 months); Not active listings!
  4. Incentives such as contribution towards closing costs allow buyers to come up with less money making it easier for the borrower to obtain a loan.
  5. Do not overprice your home with the idea you have room to negotiate. Buyers will make offers on lesser priced homes.

As you can tell, most of the so-called secrets of real estate selling are price driven. Most homes, like most products in the economy, sell predominantly be price or value.


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Anthony Stokes-Pereira
Better Homes and Gardens Rand Realty - Nanuet, NY

Hi Jose;

Very good information, I thank you for sharing...................................

Oct 14, 2008 06:36 PM #1
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Jose Vargas

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