Selling your home? Don't fall for the common mistakes that sellers commit when putting their home on the market and lose thousands of dollars.
By identifying the culprits, you can focus on avoiding those money-losing mistakes. The following are 5 of the notorious selling mistakes you should avoid according to Trulia:
Not setting the stage for sale day
Nothing like a disorganized home where there is clutter everywhere to turn off potential buyers, but most of all, nothing like a home without character to get buyers to move to the next home viewing. Buyers more often than not use their hearts and not their heads when it's time to decide on which property to buy. By failing to stage your home and let buyers feel a connection to your home, you lose the chance of even getting considered.
Letting your ego get in the way when negotiating
Don't let your emotion drive you when it's time to negotiate. You have to remember that buyers also want their money's worth. Think of a win-win situation rather than a one-sided deal in favor of you.
Neglecting to complete a full set of disclosures prior to closing
Are you considering not to say anything about the leaking roofing? If you think that it will save you money from doing the repairs, just think that you could lose the deal altogether by not being completely honest about the condition of the house. The buyer is likely to conduct a home inspection and the inspectors will sure find out about the trouble up there.
Mistiming the sale for maximum tax benefits
Just one day and you could be throwing away tens of thousands for extra taxes. Make sure to get things completed on time or you can end up many dollars short.
Overlooking junk fees and extra expenses at closing
Don't wait for closing day to request and confirm necessary fees and expenses. As the saying goes, you can avoid it, but can't really escape it. Avoid wasting thousands by dealing with those expenses long before closing day.
