Selling a home is a major life decision and change.
It can be stressful if you don't have the right partner to help clear obstacles as they come up. When selling your home, avoid these seven mistakes.
- Not Preparing Your Home For Sale - buyers are picky. Your house needs to be in the perfect condition; it can impress potential buyers that walk through the door. One of the biggest mistakes sellers make is not preparing their home for sale. The perfect condition includes cleaning, de-cluttering, decorating, and fixing your curb appeal. These might seem like small things to you, but make a significant impact as a first impression.
- Ignoring Repairs and Renovations - in addition to making it look nice, you need to fix those small jobs you've been putting off. Pay particular attention to items that will come up in a home inspection. When you're in the final negotiations of selling your home and things pop up in the inspection, it could lose you the sale.
- Choosing the Wrong Agent - don't just pick the first agent that you come across. Talk to them. Make sure they know why you are selling your home and what you'd like to get out of it. An agent can be your best asset as long as they know what your underlying motivations are.
- Set an Unrealistic Price - You might want to get a certain amount of money out of your house, but if the market doesn't support that price, your house will be sitting for sale for an extended amount of time. A good real estate agent will help you determine the fair market price for your home, and if that doesn't work for you, it might not be a good time to sell your home.
- The Cost of Selling - when deciding to sell your home, you might only be focused on the money you will receive. Don't forget that it does cost money before you sell your home. Costs can include repairs, taxes, storage costs, HOA dues, and the closing costs and commission at the time of the sale.
- Limit Showings - When your house is on the market it might seem like your agent is always calling to schedule showings. Start to think of that as a good thing instead of an inconvenience. The more people that see your home, the better chance your house will sell quickly! So, try to be as flexible as possible with the times it is okay to show your home.
- Only Considering the Highest Offer - many times, clients will look at the highest priced offer. While this is exciting, it might not be the best offer for your situation. Take into consideration if an offer is all cash, has a contingency attached to it, or might be a faster or slower closing date than you'd like. Consider all offers and choose the one right for you!
When selling your home, you're hoping for as smooth of a process as possible. Start to think about all the things that can go wrong, and plan for them. Our agents at Robinson and Co Realty can help you make this process easy. Call us today (970) 858-9870!