Suppose you’re selling your home, first of all, congratulations! You have made this important step in your life, and you’re ready for your new journey. You need to be aware that you can do a lot of mistakes before selling a house. Heads up since the process that’s ahead of you can be tricky & time-consuming. You need to avoid some mistakes, so keep on reading and find out how to get the best experience when selling your home.
Top 10 Mistakes To Avoid When Selling Your House
1. You Are Not Aware Of Your Costs
Tim from gordonbuyshomes.com tells us that when selling a house, people love to think that you’re solely going to profit without experiencing any additional expenses. This is far from the truth. The following key points are something that you need to take into consideration:
Agent commission: you will have to pay around 5-10% of your sale price to your agent.
Closing cost: you will spend 1–3% of the home price.
Staging: you can decorate each room and make it look breathtaking. The fancier the room, the higher the price. One room can be anywhere from $100 to-500.
Moving expense: you will have to move your stuff out of the house, which can get pretty pricey depending on your chosen truck/company.
2. You Are Trying To Sell It On Your Own
This is a big no-no. Many people believe that they can do the process on their own without the help of a real estate agent. With the right help & approach from someone who is qualified, you are looking at a $20-30,000 difference! Real estate agents know how to negotiate and get the best deal for you. However, the final price tag will depend a lot on your country, place of living, surroundings, and economic standards.
3. You Are Not Aware Of Its Price Point
Pricing a home can be tricky, and knowing how something will do on today’s market is so unpredictable! Too low of a price will lead to you losing so much profit and regretting the deal that you ended up choosing. On the other hand, too high of a price will not even stand a chance, and it will be avoided at all times. You will need some help from a real estate agent and their trusted analysis before you start bitting on the market. This is one of the most common mistakes before selling a house.
4. You Are Lying About Major Repairs
This needs to be avoided at all times. Your buyers will notice a leak, mold, or bug nest sooner or later. Some serious and real-deal buyers love to do the inspection on their own before they end up closing a deal. If something comes up during their inspection, it can make an impact on your future deal, and they could leave you hanging with no other potential buyers to choose from.
5. You Are Not Clearing Cluttered Up Mess
This is such a small piece that can be crucial in your opportunity to close and seal the deal. The cluttered mess will always look so unappealing, and most people will want to clean off piles of paperwork and any old worn-out furniture at the right time. Try to clean your home on your own and invest a couple of hours to make it into a spacious, roomy, as well as welcoming place for your guests and buyers.
6. You Are Neglecting The Lighting
How does your home look like, and how much light is there in your room or kitchen/bathroom? Dark, foggy, creepy, or humid places shouldn’t be on your go-to list and a look that you’re going for. You should invest in some high-quality curtains and control the light per your needs. Go for a warm, cozy, and bright & fun atmosphere – people will love it since it will look like their dream place!
7. You Are Not Using The Best Listing Photos
Did you know that nowadays, most people tend to shop from the comfort of their couch, no matter what it is that they’re ordering? You may not feel like leaving your home, which is completely fine! You can browse through different sites or online catalogs in a matter of minutes. However, this is where you will need to invest some time & care before you shoot those pictures. Get yourself a high-quality camera, or book a professional photographer who knows how to get all the right angles + understand the lighting situation.
8. You Deny Home-showing Opportunities
You don’t want to stick around for way too long during open-house days since you will let the potential buyers feel awkward & ashamed for browsing along. This is a common mistake before and during the process of selling a house. Buyers need to feel welcomed plus you want to give them enough time & space to ask the right set of questions. Do not rush them out, and don’t deny anyone a chance to see your home.
9. Being Too Emotionally Attached
You need to feel and truly be in peace with yourself and the home that you’re selling without attaching any memories or sentimental values to it. Although they might be necessary to you, the buyer will only see bricks and stones. Put your emotions aside and let someone qualified and skilled do the transaction and negotiating process for you.
10. You Are Selling During Colder Months
Last but definitely not least, you should know when is the right time to sell. During winter days or around the holiday season, people are not as eager to buy. If you live in a colder region, you will struggle to sell your home the most due to heavy wind, rain, or snow. Usually, the best period to sell is during March-June. If you’re trying to approach your sale strategically, aim for these months.
Ready To Sell Your Home?
So, are you ready to seal the deal and get the best offer possible? These tips & tricks will come in handy, no matter the size of your real estate that your selling. You will surely sell your house or your apartment, just apply our recommended key tips, and it will be off the market in no time!