Did you know that approximately 5.25 million existing US homes were sold during 2019?
Selling your home can be a daunting experience. With so much going on between showings, offers, and moving arrangements, it’s easy to lose track of the end goal: a successful sale and handover.
If you’re selling your home, it’s worth learning about some of the pitfalls associated with the process. We’ve put together this helpful guide to make you aware of the 4 most common house selling mistakes.
Read on for everything you need to know.
1. Getting Your Pricing Wrong
If you overprice your home, market interest will be limited. On the other hand, if you price your home too cheap, you’ll get a quick deal at a financial cost.
Use an online calculator to determine a fair house price. Then, talk to your agent to develop a good pricing strategy for your home. It can be helpful to check out recent comparable sales in the market.
That way, you’ll be able to make an informed decision on the value of your house and lower the price if you need to compromise.
2. Neglecting Necessary Repairs
Most potential house buyers aren’t looking to take on a project when purchasing a new home. Trying to sell a home that needs basic repairs is much harder than selling one in better shape.
Ensuring all the outlets, faucets, fittings, and cabinets are in working order is a must if you want to generate interest during viewings.
Investing in some basic repairs for houses is essential if you want to get a good price for your home. What might cost you a few hundred dollars to fix now could potentially knock thousands off your asking price.
3. Underestimating the Power of Curb Appeal
Arguably the most important part of the home selling process is generating initial interest. Making sure your house looks great from the sidewalk is a great way to attract potential buyers at a price point that works for you.
Research shows that great landscaping can boost your property value by up to 11%, so never underestimate the importance of first impressions.
4. Trying To Sell Your Home Yourself
When you try to sell your home without professional advice, you forego the many advantages that come with employing an agent. Hiring professional agents provides a network of agents, expert coaching, and professional marketing tactics.
We have the expertise to sell homes and a deep understanding of your local property market, allowing us to help you with every aspect of the selling process. Our knowledge can help you make the best decisions for selling your home.
Check out these tips for selling your house for more information on how we can help.
House Selling Mistakes Explained
As you prepare to sell your home, knowing and avoiding these house selling mistakes will help you streamline the process and get a great deal for your property.
We offer comprehensive real estate services with over 24 years of experience in the industry. If you want to sell your home, contact us today for all inquiries.