Five Mistakes To Avoid When Selling Your Home

Selling your home is not an easy process. Unfortunately, there are many mistakes sellers make that can cost you a lot of time and money in the long run. Today, we’re outlining five commonly made mistakes and how sellers can avoid making them when it comes time for you to sell your house.

 

MISTAKE #1 — Over or Under Pricing

Selecting a listing price is a crucial step when listing your house. Finding the right price is tricky because you don’t want to list too high and become overlooked. Nor do you want to list too low and miss out on potential profits. 

 

INSTEAD: Collect comps that have recently sold in your same neighborhood that are similar in size, the same type of home, and in a similar condition. You can also hire an appraiser to appraise your home or an agent to give you a comparative market analysis.

 

MISTAKE #2 — Allowing Emotions to Take Charge

It’s easy to let your emotions take over when selling your home. You have many memories in this house and have a lot of stock riding in your home. Being emotionally attached to your house, especially your first home, is very common among homeowners. It can be hard to say goodbye when the time comes.

 

INSTEAD: Try positioning yourself as the salesperson instead of the homeowner. By focusing on the business and money side of things, it’s easier to detach yourself from the emotional aspects of selling your beloved home.

 

MISTAKE #3 — Pointing Out the Bad

Unless you’ve found your dream home (in which case, are you sure you want to sell?), there are probably several things you don’t like about your home, whether it’s your noisy neighbors, the leaky faucet, small bedrooms, or any other shortcoming.

 

INSTEAD: When showing your home to potential buyers, focus on the things you love about your home. When asked why you’re moving, talk about the positive reasonings behind your sale.

 

MISTAKE #4 — Not Staging

Not staging your home is the same thing as throwing money down the drain. Staged homes show better, make space feel more substantial, and give the buyer a picture of living there themselves. Staged houses also sell faster and for more money.

 

INSTEAD: Hire a professional to stage your home or leave your house furnished if your furniture showcases your home well.

 

MISTAKE #5 — Underestimating the Cost of Selling Your House

Many sellers think that because they’re on the sales side of the deal, they won’t be spending any money, only earning their profits. This, unfortunately, is not the case. In many business deals, you’ve got to spend money to make money. When selling your home, there are many costs that you’ll be footing.

 

INSTEAD: Remember, if you are doing things right, you’ll get a good return on your investment. Be prepared to pay for the following: agent commissions and fees, closing costs, staging, photos, repairs, and concessions.

 

Contact Glast Heim Home Buyers

Avoid making these mistakes, and the headaches traditional listings can cause. Instead, sell your home to Glast Heim Home Buyers. We buy houses in the Fort Walton Beach, Florida area, regardless of their condition. Contact us and get your cash offer today!

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