Real estate 6 common mistakes when selling a home - how to avoid them

greenieS

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1. Going through the necessary repairs

Some sellers ignore major repairs in hopes of closing the sale before anyone notices. The agent has the task of checking as much as possible, making sure that the seller will not pass this step very easily if he wants to sell his property as soon as possible.

To save yourself any inconvenience that may arise in the sale process, evaluate and perform any serious repairs before putting the house up for sale. You may think that there is no point in repairing a house that you will soon leave, but this can help you get a better price.

2. Unprepared housing for viewing

Surely your house is full of souvenirs, photos, kitchen magnets and many other personal details that make it unique for you. But an important part of preparing the house for viewing is to minimize all these personal elements.

To do this, make sure that any clutter that would distract an interested buyer when they enter a room, open a closet or drawer is diminished. Arrange all surfaces, including bookshelves, tables, and kitchen countertops. By cleaning these areas, you will help the rooms look bigger, so that buyers will be able to imagine their own things in that space.

Don't forget the attractiveness of the house. Buyers will probably form an opinion about your home before entering the front door. When you do the last cleaning inside, keep in mind that very often the outside is the one that attracts for the first time, so insist a little on cleaning the outside of the house as well. Depending on the season, this could include anything from weeding, removing old planters, or retouching paint on the outside of the house, gate, or fence.

3. Using photos for inappropriate listing

The quality of photos for a listed property can make all the difference when you attract buyers who are starting the process of buying homes online. Online listings, even for the most beautiful houses, will receive much fewer clicks if they do not have quality photos, which will attract to view.

For example, bright photos can help a room look spacious. As mentioned above, preparing the house before listing it for sale by cleaning and decorating helps ensure that the photos capture every neat, airy, bright, attractive room.

4. FSBO listing (for sale by owner)

Sellers who list their homes on their own, an action known as FSBO, could face major setbacks along the way and may even receive significantly less money in return. To make sure that your sale is ok and that you receive competitive offers, it is important to hire a real estate agent.

As your sales representative, a real estate agent will provide you with guidance and ensure that the process runs smoothly. Qualified agents take the time to help people navigate the buying or selling process - so why try this on your own?

5. Setting a price too high

Be realistic when setting an initial listing price. Find out more about the local housing market to find out the current trends of buyers and sellers.

Hiring a real estate agent who can guide you to the right listing price can be essential. Sometimes setting a price disproportionate to the value of the property means that the home will stay on the market for days. Consequently, buyers who see a house on the market indefinitely, without any change, may question its integrity.

6. Underestimating the costs associated with the process

Before listing your home on the market, make sure you are aware of the costs associated with the process. Although your initial investment may be an easy repair or professional decorating and photography, keep in mind that as the sale progresses, you'll typically pay closing costs, moving expenses, and taxes associated with hiring a real estate agent.

Consider these costs as investments. The return is when you receive a higher bid on your home, due to the way it was presented to interested buyers or the way it was represented by an experienced real estate professional. That being said, make sure you budget these costs in advance to avoid any surprises.
 
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