Selling your home can be stressful and full of challenges. Don’t let that discourage you from reaching your ultimate goal. Rely on the expertise of your real estate agent to guide by sharing what works and what doesn’t. However, it is also important for the owners to avoid making some of these mistakes commonly made by sellers.
Setting the Listing Price Too High
Even though your agent can advise you on the price to list your home, ultimately you make the final decision. Just be careful to avoid the most common and the biggest mistake homeowners make when trying to sell their property…pricing your home too high. Listen to your real estate agent because they know what properties are selling for and how your home compares to the ones that have sold recently.
Not Cleaning Up the Clutter
One of the big reasons a home sits on the market longer is because of clutter. A home that is filled with stuff looks smaller than it actually is. Buyers worry that problems may be hidden, and they often fail to see the positive aspects of the home behind the clutter.
Not Making Important Updates
Buyers often wonder if a home that has old carpet or fading paint may have other, more serious issues. Sellers who fail to update their homes will find the home sits on the market for longer. Many buyers don’t want to put in a lot of work once they buy a property. They wait until they find a home where the sellers have done the work for them.
Not Being Flexible Enough with Showings
Yes, showing your home is an interruption of your private time. However, that is just how it has to be many times for sellers. If they aren’t available when a buyer wants to see the house, they will just look at the next one on their list. They will still find a house they like, but you may lose out on a sale. You have to be flexible within reason about allowing buyers to take a tour.
Not Using a Real Estate Agent
Statistics show that homeowners who try to sell their homes on their own take longer to get a sale than those who go through an agent. You may think you’re saving money when you don’t have to pay a broker’s fee, but this is not really the case. For every day your home is for sale, you are spending more to stay there and maintain it. You also have to use your time selling your home, which could be better spent doing other things.
Avoid these mistakes when you are ready to sell, and you’ll find a SOLD sign on your property quicker than you might expect.
The Janis Penick Team
RE/MAX Bastrop Area
Serving Bastrop, Cedar Creek and Smithville
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