Dont make these mistakes when selling your home
Price it right the first time. If you're shopping for a home, wouldn't you think something is wrong with the home if it's been on the market for a year? Your Realtor should be honest and show you what is selling. Price it there, not what you would like to get for it to move on.
Be creative. The hardest part for buyers is coming up with the cash for a down payment and/or settlement costs.
These are the 5 most common mistakes that sellers make when trying to sell a home.
- Price your home right. Not what you want or need, but what the market dictates.
- No offers in a month. Lower prices at least 3%
- Price your home based upon comps of sold properties (within 3 months); Not active listings!
- 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.
- Do not overprice your home with the idea you have room to negotiate. Buyers will make offers on lesser priced homes.
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