3 Costly Mistakes When Selling Your Home

Selling your home could be a challenge for a multitude of reasons, but if you listen to the experts and follow basic rules your home has a great chance of selling quickly. It can be difficult to put aside the emotional attachment many people have with their home in order to show it to buyers effectively. When there are many homes on the market in your area, you want to make sure you have done everything possible to make your own home appealing to buyers. Once you have made a firm decision to sell your property, it is essential that you research the market for a great selling price and advertise your property effectively. I have listed three major mistakes people make when selling their home.


Mistake #1 – Over Pricing


You definitely do not want to over price your house, unless you don’t mind leaving your home on the market for a prolonged period of time. Realtors know the going price in your neighborhood and so will the buyer. Pricing your home according to the other houses in your neighborhood is customary. Many realtors will tell you that over pricing your home can cause buyers to look elsewhere before even taking a look inside. If you would like to sell your home quickly, you can lower the price by 10 to 20 percent in order to gain an interest and choose the highest bidder.


Mistake #2 – Failing to Advertise


Putting a sign in your front yard can seem like a great idea, but there is a lot more you can do to actively sell your home. The more potential buyers you attract, the better your chances are of getting the price you want in the end. Internet advertising can be the difference you are looking to add. A realtor can help by using their own photographer who they trust to take incredible photos of each room in your house. Taking pictures during the time of year that you have flowers blooming or grass growing can make or break your listing. Listing your home in as many different online advertising spaces is recommended. Many times a buyer will want to see as much of your home as possible before taking the time out of their day to physically come by.


Mistake #3 – Does Not Provide a Memorable Showing


Living in the home you are trying to sell isn’t easy, but it can be done with a lot of planning. Hopefully, you have many people coming in daily to look at your home. Clutter and a dirty bathroom will not make a good impression, and you may regret not spending the time necessary to impress each and every potential buyer. The walls should be painted white or in neutral colors in order to appeal to anyone who may be interested in buying. Light fixtures, faucets, or anything else that needs to be fixed or replaced must be taken care of before open house begins. People will buy a home and pay more for it if they can envision themselves living there.

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