5 MOST EXPENSIVE SELLING MISTAKES




How To Avoid The Five Most Expensive Mistakes Smart People Make When They Sell A Home


 

Mistake #1: Basing their asking price on needs or emotion rather than market value.

Many times, people make their pricing decisions based on how much they paid for or invested into their home. This can be an expensive mistake. Overpriced homes take longer to sell and eventually net the seller less money. Consult with a professional real estate agent. They can assist you in pricing your home correctly from the beginning. 

Mistake #2: Falling to  "showcase" their   home.

First impressions are the most  important.    Experience shows that for  every   $100   in repairs that your home needs,  a buyer will deduct   $300   to   $500  from their offer. Thoroughly clean and prepare your home before you put it on the market if you want top dollar.

Mistake #3: Trying to SELL their house when buyers come to see it.

One of the biggest mistakes enthusiastic home sellers make is follow buyers around and try to SELL them on the property. This can have a negative effect on the buyers. The best thing is to  stay out of the way and let people look at their own pace.  They'll get a better feel for the property and whether the house is for them.

Mistake #4: Choosing the wrong agent or choosing them for the wrong reasons.

Many homeowners list their home with the agent who tells them the highest price. Or they list  with the agent  who works for the biggests company. You need to choose the agent with the best  marketing plan  and tract record to sell your home. 

Mistake #5: Not knowing all their legal rights and obligations.

Real estate law is complex . The contract you sign when selling your home is legally binding. Small items that are neglected   in a contract can wind up costing  you  thousands of dollars. You need to consult  a knowledgeable  professional  who understands  the ins and outs of real  estate transaction.