Properly preparing your home for sale is an arduous process. There is a seemingly endless to-do list that can be filled with potential pitfalls. Here are some of the mistakes you will want to avoid when selling a home.
Listing Your Home Too Quickly—You will want to be sure you are fully aware of the market conditions and that your home has it’s best foot forward. Without properly knowing the local market, you could leave money on the table or see your home languish on the market. Selling a home is a big decision, so don’t be afraid to take your time.
Selling on Your Own—Selling a home on your own would seem easier than ever given modern technology, but don’t be fooled. The home-selling process can be so complex that you really need the expertise of a professional. The numbers tell the story, as well: report after report has found that homes sold by owner stay on the market longer and ultimately sell at a lower price.
Failing to Fix Necessary Repairs—It will cost you money if you don’t make repairs prior to listing and the open house. For one, prospective buyers will assuredly offer less because of the needed repairs. Or, at least for a credit back for work that needs to be done. In addition to repairs, you may want to any updating of things that could be seen as dated.
Overlooking Added Expenses at Closing—When you’re completing a deal, don’t forget about the added expenses at closing. In consultation with your agent, produce a list of fees and expenses and then have it confirmed by the buyer. If not, you will potentially be throwing away thousands of dollars.
Using Bad Photos—These days more than 90% of buyers start their home search online. This means good photos are critical. Don’t be satisfied with an amateur shot from your iPhone. You want your home to standout in these listing and for people to get a good idea of what’s on offer. Try and use good quality photos with your online listing.