Selling your property can be emotionally draining and time-consuming, especially for first-timers.
Photo by Ralph (Ravi) Kayden on Unsplash
Whatever your reason is for the big move, you need to keep a clear head and know what you’re doing to get the asking price you want. With no experience in the field, it can be easy to make blunders, so here are five mistakes all homeowners should avoid before selling their home.
Not Making Your Property Attractive to Buyers
When your home goes up for sale, your property needs to be in tip-top shape. You’ll want to draw potential buyers in from far and wide, especially if you want the process to be quick and straightforward. It may be time to dig into your wallet and shell out on making your property stand out. Boosting your home’s curb appeal, decluttering, and staging your home are all effective ways of revamping your property. You can maximize your home’s value with these staging tips that are sure to impress homebuyers.
Pricing Your Home Incorrectly
One of the biggest errors many sellers make is pricing their home incorrectly. Understandably, you’ll want to get the asking price you’re after, but should you price it too high, you may struggle to find buyers. The longer your home is on the market, the more homebuyers may be put off. Pricing your home correctly can be difficult, so getting advice from a realtor and having your property surveyed is the best place to start.
Picking an Inexperienced Real Estate Agent
Selling your property is no small feat, meaning you should have an experienced real estate agent by your side to guide you through the process. Depending on where you live, you may be inundated with companies trying to get you on board. Instead of picking the first real estate agent you see, it’s wise to conduct research so you can compare agents. Make sure you look at past testimonials from clients so you can get an honest overview of how they can help you.
Not Fixing Structural Problems
Issues that impact the structural integrity of your home are bad news for homebuyers. Many buyers avoid properties that require tons of work so, if you have structural problems that need sorting out, it’s best to do so before your home goes on the market. There are numerous home improvements you can make that will boost your property’s resale value too.
Letting Emotions Get in the Way
While many homeowners look forward to selling up and starting afresh, others are more reluctant to move. If you have a negative outlook, this can trickle down to the homebuyer, meaning they may be put off from putting in an offer. When selling your home, you need to get into the mindset of a home seller, rather than the owner. You need to retain a positive mindset and showcase the benefits of your property, rather than letting emotions get in the way.
Whether you’re excited about having a fresh start, or you dread leaving your house of many years, any of the mistakes above could cost you, and cause unnecessary stress.