AVOID THESE COMMON SELLER MISTAKES
Most people sell a house a couple times in a lifetime. Unless you are an agent, investor, or hold a job that requires you to relocate often, you may not know the many mistakes that can be made when putting your home on the market. In this case, what you don't know, may cost you! If you are thinking of selling, it is worth your time, and MONEY, to avoid these common mistakes...
Don’t Over-improve: Get your home in good showing condition, but don’t over do it. Huge projects such as major kitchen remodels, adding a sun porch, and adding an expansion may not pay back your investment. Before you jump into a huge improvement project, get some good advice.
Not hiring a professional:
Pricing your home without understanding the market: When you overprice, you immediately put your home in competition with newer, larger homes with more amenities than yours. You are helping your competition sell their home. The longer your home sits, the less money you end up netting in the end. Underpricing can also be a common mistake, so it is important to get your pricing advice from a professional agent who knows the market, and can keep you informed on market shifts and trends.
Poor Condition: Remember your goal is to attract buyers. If a home shows in poor condition, a buyer looks at it as a project and will more than likely offer a low price, if you get an offer at all. Having your home in good repair and great showing condition, will significantly improve your chances to sell your home quickly and for the most money possible.
Poor Curb Appeal: Many buyers will drive by before viewing your home. Poor curb appeal is one of the biggest reasons for canceled showings and lack of activity once you hit the market. If your home is an attractive drive-by, it will gain more attention and certainly more showings.
Dark Homes Don’t Sell: No one ever says, I love how dark and dreary this home is...no one. Light and bright homes make a great impression. Go through your home and decide if a fresh coat of neutral paint, light counter tops and even painting your cabinets will brighten and transform the space. Open your home up and make sure to let light in.
Poor Condition: Remember your goal is to attract buyers. If a home shows in poor condition, a buyer looks at it as a project and will more than likely offer a low price, if you get an offer at all. Having your home in good repair and great showing condition, will significantly improve your chances to sell your home quickly and for the most money possible.
Poor Curb Appeal: Many buyers will drive by before viewing your home. Poor curb appeal is one of the biggest reasons for canceled showings and lack of activity once you hit the market. If your home is an attractive drive-by, it will gain more attention and certainly more showings.
Dark Homes Don’t Sell: No one ever says, I love how dark and dreary this home is...no one. Light and bright homes make a great impression. Go through your home and decide if a fresh coat of neutral paint, light counter tops and even painting your cabinets will brighten and transform the space. Open your home up and make sure to let light in.
Don’t Over-improve: Get your home in good showing condition, but don’t over do it. Huge projects such as major kitchen remodels, adding a sun porch, and adding an expansion may not pay back your investment. Before you jump into a huge improvement project, get some good advice.
Not hiring a professional:
The numbers don’t lie – home sellers who try to do it themselves more often end up taking longer to sell, or sell for far less than homeowners who work with an agent. When they do sell, it is often to a friend or neighbor, and therefore have missed their potential in the open market. You are also taking a risk, by opening your door to perfect strangers who want to see your home, that may not be able to afford it!
Stay Calm: It is important to stay calm during negotiations. Selling a home can be a very personal and emotional experience. At the end of the day, it is important to remember this is a business transaction.
Stay Calm: It is important to stay calm during negotiations. Selling a home can be a very personal and emotional experience. At the end of the day, it is important to remember this is a business transaction.
Are you thinking about selling your home? Let's set up a time to meet and discuss your current home value in today's market!
Crystyknowles@gmail.com
434.229.2277
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