Charlotte Short Sales: 5 Common Mistakes Short Sale Sellers Make

By
Services for Real Estate Pros with Get It Done For Me Virtual Services DRE# SL641317
https://activerain.com/droplet/5nDp

A short sale in Charlotte NC, is one of the options when a seller faces a financial crisis and has a hard time keeping up with their mortgage payments. A property might end up in foreclosure when not properly handled. Look out for these 5 common mistakes that short sale sellers make.

 

Choosing The Wrong Price

 

When marketing a short sale property, it is best to keep in mind the "Goldilocks Principle", meaning prices are neither too high nor too low. A reasonably priced property catches the eye of more potential buyers.


Check these reviews on how a Realtor® can help on your short sale: https://shortsaleadvisors.us/reviews/

 

No Marketing Strategy


Price is only one of the other factors to catch the attention of future buyers to a short sale. Another important factor is the effort put into marketing the property. This is what short sale sellers sometimes overlook.


You need to sell your home for the shortest amount of time possible. You can do this by marketing your property on as many platforms as possible.


Low Quality Photos of the Home


Some sellers make the mistake of not getting quality photos of their homes. They think that since it's a short sale, people would just be looking at how low the price is. Pictures speak a thousand words. In a short sale, the more a buyer knows about the great features of your home, the more likely you'll close the sale.

 

Neglecting Necessary Repairs


You might be tempted to leave the house "as is" when you're doing a short sale. Yes, repairs are an added expense. However, if you neglect to make the key repairs that matter most to buyers, your home might face foreclosure. This is much worse than a short sale, and nobody wants that.

 

Not Relying On Experts


The worst mistake that short sale sellers make is doing things on their own. Don't let this happen to you. Short sale agents can help you sell your home in the least amount of time, avoiding foreclosure. Work with a short sale agent who is professional, tech-savvy, and experienced. I personally recommend Charlotte NC Short Sale Agent Nancy Braun - Showcase Realty LLC. Nancy is an expert when it comes to real estate.


The short sale process can be long and stressful, but not to worry! An expert short sale agent can help you throughout the short sale process.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Groups:
Realtors®
Real Estate SEO
Short Sales Specialists
Short Sale REALTORS®
Addicted to Active Rain

Spam prevention
Show All Comments
Rainer
591,871
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Thanks sharing great information!!!

Price is only one of the other factors to catch the attention of future buyers to a short sale. Another important factor is the effort put into marketing the property. This is what short sale sellers sometimes overlook.

Aug 02, 2020 04:49 AM #1
Rainmaker
1,016,012
Beth and Richard Witt
Long Island Cash Home Buyer - Huntington, NY
Long Island Cash Home Buyer 516-330-6940

As always... excellent advice

Aug 02, 2020 05:22 AM #2
Rainmaker
3,638,494
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Katerina. Sage advice for those in a financial bind. Enjoy your day!

Aug 02, 2020 05:32 AM #3
Rainmaker
2,200,847
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Katerina Gasset - excellent advice to follow.  Always very helpful.

Aug 02, 2020 01:32 PM #4
Rainmaker
1,400,718
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Katrina, 

Thanks for sharing your perspective. 

Aug 02, 2020 01:52 PM #5
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
2,725,436

Katerina Gasset

Get It Done For Me Virtual Services
Search South Florida Homes!
*
*
*
*

Additional Information