Common Mistakes People Make When Selling Their Home
A real estate agent is someone who helps people to either buy or sell a home or a piece of property. This may range from humble plots of land and small houses to luxury mansions.
The services of real estate professionals, while seemingly simple, are valuable, as, at any given point, a competent real estate agent’s network of local prospective buyers will be larger, and this means a better chance for a quick sale. These professionals offer several other beneficial services, too, like assistance with pricing and home listing. Unfortunately, home sellers avoid using their services to save money. But in reality, it only leads to costly mistakes on their part.
To help you avoid some basic real estate errors, Christine Bouley has put together a list of the most common mistakes people make when selling their homes.
1. Overpricing the house
In our experience, overpricing has often led to a home sitting on the market with few or no showings. You see, you can always come down with the price. However, as the property goes stale and you try price adjustments, buyers start to wonder, “what is wrong with the house?” A better strategy is to price the property at or just below market value which often leads to competing offers being generated, bumping the final offers higher.
2. Putting the house on the market before it should be
When selling a home, it’s wise to remember that first impressions are formed in the first ten to fifteen seconds, and once set are rather hard to modify. So rushing the sale and putting the home on the market before it is ready to be shown should be avoided. You should consider the exterior appearance and curb appeal of the house, eliminating clutter inside, clean up, and maybe even applying a fresh coat of paint in some cases to brighten up the space.
3. Choosing the wrong real estate professional
Anyone can put a “for sale” sign in your yard, but choosing the wrong real estate agent can have consequences like delays in the sale and a lack of interest in the property. The real estate professional you hire should provide personalized service formed by listening to what you would like to accomplish. This will help build a strategy for pricing, marketing, advertising avenues, negotiating, and working through problems that might arise.
To avoid these and other mistakes, reach out to Christine Bouley. I have been a full-time realtor for twenty-plus years and work diligently to get your unique property to stand out from all others. I learned from them that the keys to success include a high level of honest communication with my clients, making for a smooth and efficient transaction, whether selling or buying. With my network of contractors, mortgage lenders, and handy people that I have built over the years, we can tackle any issues that may arise during your sale or purchase process. My spectrum of real estate has included foreclosures, mobile home sales, single-family home sales, multi-unit properties, investment properties, commercial properties, leases, rural properties, and farms.