5 Home Selling Mistakes To Avoid - Selling your home and don’t know where to get some advice on how to avoid the most basic mistakes? Keep reading to find out 5 home selling mistakes you should avoid.
- Letting Your Emotions Take the Lead
Letting yourself take the role of businessperson rather than the home’s owner is your best bet here. It is best to look at this sell from a strict financial perspective. Know how much your home is worth and play fair, but work for the price that you know the home is worth.
- Not Hiring an Agent
Having an agent will help you set a competitive selling price for your home that will also increase the chances of selling your home quickly. Having an experienced person being the face of your sale is the best thing because not only will it take the high emotional aspect away from you, the agent will also know who is a serious buyer and who is not so neither of your time is wasted.
- Assuming You Must Hire an Agent
Almost contradictory, you do not absolutely need an agent; it just makes it easier for you. If you don’t want to let an agent have that 5-6% commission, you need to educate yourself. Do research on your home, the area, and go ahead and put your home on the Multiple Listing Service (MLS). You must also have a keen sense of who is a serious buyer or who is shopping.
- Unrealistic Pricing
Setting the correct price is key whether you’re selling on your own or with an agent. If the price is too high, the home will be overlooked. If the price is set too low, more offers will roll in and can actually get you up to the true market value of the home.
- Skimping on Listing Photos
The buying market is almost completely online now. Before a potential buyer will come look at your home, they will have already researched it online, maybe even stalked it to make sure it’s still on the market. Having good quality photos online is key in the selling process. Without them, your home could be overlooked and brought into a long selling process.
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