How to Avoid 7 Costly Mistakes When Selling Your Home
#1 - Set the right price from the start.
Assess the realistic value of your home based on current market facts and price the home accordingly. Buyers typically avoid overpriced homes and lowering the price incrementally results in a longer time on the market and missed sales opportunities.
#4 - Use effective negotiating strategies.
Know what you want from the sale and try to determine what your buyer wants, so you will make a deal that benefits you both. An expert REALTOR® knows the exact questions to ask potential buyers to determine their motivation.
#7 - Work with the best agent.
Selling your home is likely to be one of the biggest financial transactions you’ll ever make. Hire a trustworthy and experienced REALTOR® who understands your goals and will work tirelessly on your behalf.
#2 - Use an innovative marketing plan to reach more buyers.
Putting a sign in the yard and holding an open house are just the beginning. A skilled REALTOR® knows how to get your home noticed by as many potential buyers and other agents as possible through a broad-based marketing plan.
#5 - Protect yourself with a properly written contract.
A contract is a legally binding agreement. Review and understand all your responsibilities to avoid unnecessary surprises.
#3 - Prepare your home so it looks in top shape.
First impressions count! Homes that look and show the best tend to sell more quickly and for more money. An experienced REALTOR® will be able to share items you can do to make your home more attractive to buyers.
#6 - Understand your net proceeds from your sale.
Your proceeds from the sale are calculated from the sales price minus the expenses. Knowing a good estimate of those expenses when negotiating offers is critical.
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Questions about getting your home ready for sale? Our team would love to help. Call us today for a no-obligation consultation.