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6 Mistakes That Could Screw Up Your Home Sale

There are more ways than you think that could make you sabotage your own home sale.

Below are 6 mistakes that could screw up your home sale according to Trulia:

Selling a house "For Sale By Owner" (FSBO)

Just because the market is hot doesn't mean that you should think about saving on commission by selling your home yourself.

While you can definitely save a chunk of money by not having to pay an agent a commission, it might still be wiser to hire the expertise and know-how of a professional to help you navigate the stacks of paperwork, provide priceless neighborhood knowledge, and do the negotiating on your behalf. You will also prove this true when you decide to do FSBO and end-up having your property sit on the market for too long. Paying that commission could also mean getting top dollar - netting you bigger profit even after paying a real estate agent's commission.

Mispricing your home

Overpricing can run the risk of losing money if your home becomes a stale listing. So don't make the mistake of pushing the envelope and price for way more than the comps will support. Remember, buyers are smart and are working with agents too; so it's a long shot to expect someone to come along and unknowingly overpay.

Using lousy photos

Using lousy photos can tank your home sale considering that 90% of home buyers begin their home search online. So don't take photos when there's hardly any natural light; wait for a beautiful, sunny day when the light is streaming in your windows to take high-quality photos. And of course, get rid of counter-top and floor clutter.

Refusing to make obvious repairs

Do you know what's the biggest turnoff for buyers, obvious repairs that were left unattended. So before putting your house up on the market, make sure that you have dealt with leaking faucets, cracks in the walls, water stains on the ceiling, and busted water heater. You may have learned to live with those, but your potential buyer definitely won't be up for that.

Keeping all your clutter and junk

Like the obvious repairs, potential buyers are unlikely to look past your clothes, clutter, and overflowing shelves. A cluttered home can eat equity and kill deals by making a home seem smaller than it actually is. So consider doing some serious decluttering before putting your home on sale.  

Hiding problem issues from the buyers

Don't set yourself up for liability by hiding issues from buyers - sooner or later, they would eventually find out.  So muster confidence and disclose all information: if you did a renovation without permit, disclose; if a roof leak damaged the attic, disclose, even if it was two years ago; if the electrical blows every time you run the dishwasher and microwave at the same time, disclose.  


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