MISTAKES TO AVOID WHEN SELLING
Without a doubt, selling a home is an emotional event. You’ve lived in the house for years and have grown to love it, which is why you hope to reap as much profit as possible when you finally sell it. The problem is, however, that getting caught up in these emotions can cause you to make some costly mistakes. To avoid making these mistakes yourself, read the list below. It contains four of the biggest mistakes sellers make. Once you know what to watch out for, you’ll be able to present your home at its best.
1. PRICING YOUR HOME TOO HIGH
Homes that are priced correctly usually sell quickly while homes that are too highly-priced can sit on the market for an extended period of time. This is because an incorrectly priced home has to compete with higher-priced homes that have more to offer. If you price your home too high, it can’t measure up when compared with other homes in the same price range. Price your home correctly to pique the interest of potential buyers and increase traffic to your home. To do this, compare your home against other similar properties that have recently sold in your area.
2. SAYING NO TO STAGING
Many sellers think that buyers should be able to look past the home’s contents to determine whether they’d like to live there or not. The fact is, however, people are visual creatures, so it can be difficult to envision their own things in a home filled with stuff from someone else. Staging removes all the clutter and personality from a home to give the buyer a chance to picture his or her own things in the home. Taking the time to stage your home allows buyers to see your home in its best light, thus possibly costing you a sale.
3. NOT HIRING A PRO TO TAKE PHOTOS OF YOUR HOME
Your listing photos are the first impression many buyers will see when considering buying your home. The photos should be perfect – bright, clear, and presenting your home at its best. If you opt to take these photos yourself, you could end up with sub-par photos that do little to attract buyers. Ideally, you’ll want a professional photographer or a real estate agent with lots of experience to take the photos for you. Keep in mind that these photos should only be taken once staging has been completed.
4. ALLOWING YOUR EMOTIONS TO INTERFERE
As we said before, selling your home is an emotional event. However, it needs to be a business decision, rather than an emotional one. If you’ve done everything listed above, you’ll likely have an offer before long. Allowing your emotions to get in the way can cause you to pass over a good deal, so be mindful of this and don’t let a good thing pass you by. Remember your bottom line and use that as a guide to stay on track and focused on your goals. For many homeowners, selling their home can be overwhelming. Allowing your feelings to dictate the outcome can cost you money, so try to avoid the four common selling mistakes listed above when it’s time to sell your own home.