Mistakes to Avoid When Selling Your House
Mistakes to Avoid When Selling Your House
The process of selling your house can feel like a roller coaster ride of ups and downs. This is especially true for first-time sellers who have never undergone the process before.
Because of this lack of experience, it can mean that sellers make unnecessary mistakes along the way. To help you avoid these common mistakes when selling your house, take the time to make yourself aware of these potential issues:
Lack of Preparation
Fews things can derail you when selling your house like a lack of preparation. Not taking the time to clean or organize your home can stop a sale before it even gets started. Most buyers will step into an unorganized house, look around and then turn right back out the door.
However, we understand that there are situations that come up that do not allow sellers the time or energy to update their home. And we can help. We want to buy your home as is. That means there is no need for you to do anything other than contact us today.
Unrealistic Listing Price
We get that sellers want to sell their home for as much money as possible. But it is a big mistakes to simply settle on a listing price based on feeling.
This is why it is important for sellers to understand that you do not set the price for your home – the market does. And in order to make sure that you are pricing your home in line with the current market, sellers need to do some research.
When selling your house, take the time to review what other similar homes have recently sold for. What homes have been – and still are – sitting on the market? How does your home stack up? You can be sure that buyers are doing this same exercise. So if your listing price is out whack with the rest of the area, buyers will skip right over it.
Too Much Staging
Home staging has been shown to help sellers close a deal faster and for more money. However, tackling the process of staging is part art, part science. It can be easy to step over the line, overdoing the staging strategy and sabotaging yourself in the process.
When it comes to staging, less is more. You want to provide buyers with enough information so they can feel what the house would like once they are moved in but still allow them enough blank space to fill in using their own imagination.
Wrong Renovations
A costly mistake that first-time home sellers make is going all-in on home renovations. Which is why we want to be clear: all renovations are not created equal. Just because you put a lot of money into the house it does not mean that you will get it back.
Before deciding to undertake any major renovations, research which ones actually make the most sense. Keep in mind that your buyers will not necessarily place the same value on the same upgrades. For example, that pool might have been perfect for your family, but all your buyers will see is a money pit requiring maintenance, money and energy that they are not interested in.
When selling your house, it is important to understand that small mistakes can have big consequences. Which is why sellers need to be as prepared as possible before putting that “for sale” sign in the front yard. By avoiding the common mistakes above, you are at least putting yourself in a position to create a successful sale.