Avoid these Selling Mistakes
Planning on selling your home? Here are a few thing you should not do because making mistakes guarantees you will have difficulties.
Mistake 1. Over-pricing for the current market. Pricing your home higher than other homes like it in the neighborhood is probably the easiest mistake to make but it is often a costly one. Buyers tend to pass up over-priced houses in favor of similar ones or ones that can be made as nice — that’s a lower price. Your home may bring a better price than others, but only if it has features other homes don’t have.
Mistake 2. Starting with a high price “just to test the market” This practice hurts your chance of a quick sale. A house gets the attention when it first comes on the market — because that’s when all the people who are already looking for a home will see it. All “testing” does is make these potential buyers look elsewhere.
Mistake 3. Misrepresenting the house or failing to reveal major flaws. This will certainly result in an unpleasant surprise for the buyer and could be very unpleasant for you too if the buyer takes you to court. When selling a house, complet honesty is not just the best policy … it’s the only policy.
Mistake 4. Failure to stage house for the market. It is not just enough to put your house on the market you need to make sure it looks its best inside and out before it goes on the market or at least before showings begin. Poor staging can kill a sale or lower the price obtained. The extra time and relatively few dollars spent making the house look better will pay off handsomely.
This is no mistake: Use a licensed professional to help you sell your home, so you won’t be the victim of the pitfalls encountered by people who try going it alone.