Selling a home? As home sellers, the real estate process can put you in a vulnerable position of committing mistakes that could cost you a significant amount of money. As a result, you get less than what you are supposed to.
How do you avoid this pitfall? Identify the culprits and make sure to avoid them. Here are 5 sins of selling that you must evade at all cost according to Realty Times:
Not hiring a professional to sell your house
Doing the selling of your own home is like putting one foot in the grave. Real estate is not an easy business especially for first time home sellers and the process is long, tasking, and complicated that you could easily get lost in it. Even in the most competitive markets, having the expertise of a real estate agent can mean successfully making that home sale.
Neglecting necessary repairs prior to sale
If you think you can just mask necessary repairs and put your home in the market hoping that someone would make a careless purchase, and then you are wrong. While you can still list your home without doing repairs, potential homebuyers will do home inspection and will discover the leaking roof and busted pipe line. Save yourself the headache of last-minute fixes when a favorable offer comes along and deal with those repairs before putting your house on the market.
Refusing to remove your clutter and junk prior to the sale
When selling your home, you want potential homebuyers to be able to imagine themselves living in the space, and your personal clutter and junk won't help with that. Avoid eating equity and killing the deal by refusing to take down your favorite band's poster or tucking kids' toys away. Show your property's true potential by maintaining an organized and clutter free space during home showing.
Selling your house empty
Get rid of junk and clutter, but make sure you don't leave the house empty - or potential homebuyers would feel the same when thinking of an offer for your home. Place key pieces like furniture and few home accessories to enhance the house's features so buyers can visualize what they can do with the home as well as how functional it would be for their household.
Mispricing your home
Overpriced or underpriced, they both mean the same - losing money. Make sure to work with your agent to come up with the best and appropriate price so your house don't sit in the market for too long or so you don't end up wondering if you have gotten enough money from the sale.
