Whether you are a first time seller or a repeater, selling your home is not an easy process and takes a toll on the emotional and physical facets. During this period home owners tend to go through an emotional roller coaster which could at times lead to mistakes.
Here are some of the mistakes house owners should be aware of so they could handle situations carefully.
OVER PRICING:
One of the most crucial factor is that you have to be aware of the market trend, especially when it comes to house prices. Owners have to price it at the correct market rate to be able to sell it within a reasonable timeframe. Over pricing could make your house sit on the market longer which in return could have a negative impact on the minds of buyers when trying to put an offer.
SELLING AT THE WRONG TIME:
It is very important to sell your house at the right time to get the right price. Several factors affect this facet. Some homes that were once in a good neighborhood suffered later when the neighborhood got affected badly due to various reasons such as economic condition and natural disasters.
SKIMPING ON REPAIRS:
Even a tiny damage can put off buyers. When potential buyers walkthrough your home and find faulty doorknobs, wall cracks and leaky faucets, they will be more concerned whether you are ignoring any bigger issues too.
LETTING EMOTIONS TO INTERFERE
To sell your house in a successful manner, keep your emotion aside and don’t let it interfere with rational facts. Keep a cool head during the sales process. Accept the fact that there might be few issues highlighted by the prospective buyers when inspecting your house. Do not let requests for any minor repair derail the entire deal.
FAILING TO PREP & STAGE
Keeping the home tidy, hygiene, de-cluttered and elegant is a must when trying to sell your house. First impressions matter a lot and keeping things nice and tidy helps when negotiating the price.
TAKING PROFESSIONAL PHOTOS
It is essential to take good looking, clear and bright photos of your home’s interior and exterior highlighting the features when posting online such as listing websites. Majority of the buyers search online for properties.
FORGETTING THE CLOSING COSTS
When selling the house do not forget to factor in the additional costs you might incur such as property taxes, any agent commissions, advertising costs and Attorney’s fees. Be aware of these linked costs when fixing the selling price so you can get the desired profit margin.
