Top 4 Common Mistakes
First Time
Home Sellers Make
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Top 4 Common Mistakes First Time Home Sellers Make
As a first time home seller, you are likely to make many mistakes. Your emotions will often get in the way. For instance, you may list for sale even before your home is ready. There are many other Mistakes Home Sellers Make, especially when they are selling a property for the first time. Explore these common mistakes and avoid them.
#Mistakes_Home_Sellers_Make
Over Or Under Pricing Your Home
The asking price is perhaps the most important factor in making a home sale successful. You should price the home in such a way that it is neither too high nor too low. Keep in mind that potential buyers would have already done their research on the local market. They would already know what similar properties in your neighborhood cost.
#Price_the_Home
Over Or Under Pricing Your Home
You'll raise red flags if your asking price is too high. But if your asking price is low, you are preparing yourself for a loss. So make sure to do some research and get the help of a local real estate agent in setting the right price.
#Set_Right_Price
Assuming Everyone Is A Potential Buyer
Most first-time potential buyer.
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This happens mostly with those sellers who don't have a realtor to help them. We at HelpFindingMyAgent can help you in choosing right real estate agent with local market experience.
#Potential_Buyer
Assuming Everyone Is A Potential Buyer
You don't have to show your property to everyone who shows interest in it. You don't want to be entertaining offers from so called 'buyers' who are not pre-qualified for buying your house. An experienced realtor will ensure that your home is shown only to pre-qualified buyers.
#Buying_a_House
Allowing Emotions To Enter The Negotiation Process
Selling a house where you spent many years with your family can be a difficult thing to do. One of the common Mistakes Home Sellers Make is attaching emotional value to the house they want to sell. If you want to sell your home, you should realize it that soon it will be owned by someone else.
#Selling_a_House
Allowing Emotions To Enter The Negotiation Process
You should look at it as a commodity and treat it in such way. One of the mistakes people make in such a situation is to overprice their property, which can prove to be a big hindrance in attracting potential buyers.
#Negotiation_Process
Overspending On Repairs
Many first-time home sellers overspend on maintenance and repairs to get a better offer. Although this is a useful strategy, you shouldn't overdo. The impact of house maintenance and repairs on your costs can affect your profit margins. You should instead have your real estate agent determine what should be fixed in your house before you list it for sale.
#House_Maintenance
We at HelpFindingMyAgent can help you in choosing right real estate agent who has vast experience in your local market. If you want to sell your house, don't make these mistakes. Give us a call now at 1-844-434-6324 and you will have the best realtor helping you.
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