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Avoid These Rookie Home Selling Mistakes

Posted by Intelligent Real Estate on Monday, November 2nd, 2015 at 10:50am.

The last thing you want to do when selling your home is sabotage yourself. Yet that’s exactly what can happen if you make one of these mistakes while your home is on the market.

Why? Buyers these days are knowledgeable, and are looking for an easy sale and move-in ready homes. If they spot any of these five mistakes, they might make low-ball offers, or worse, ignore you.

  1. Trying to sell your home “as is.” Make all necessary repairs to your home, and take care of basic items like a fresh coat of paint and clean carpets. Pay attention to the exterior of your home, as well. Even little details, like pet odors, can affect buyers’ interest in your home.
  2. Skimping on marketing. You can’t attract quality buyers without investing in good photos, videos, or a web page. Do what it takes to get your home in front of as many interested buyers as possible.
  3. Waiting until you are desperate to move to put your house up for sale. If you are too eager to sell, buyers may sense it, and you may feel compelled to take the first low offer that comes along. Instead, list your home for sale when you have time to wait for the best offer.
  4. Pricing your home too high, and then dropping the price a little at a time. Pricing your home significantly above market value shows you aren’t aware of your home’s value. If you decide to drop your price, make it a significant cut to attract attention. Dropping your price by a little at a time makes it look like you aren’t serious about selling.
  5. Selling your home yourself. This is a serious mistake when you don’t know what you’re doing. You’ll end up pricing your home wrong, marketing it wrong, and it may sit on the market for months. Hire a professional REALTOR® right away and you’ll likely sell faster, and get a better price for your home.

When you’re selling your home, you need expert advice how to set the best possible price and market it for a quick sale. I’d be happy to discuss this with you during a consultation. Contact me to begin the process today.

Anne-Marie Cancienne, ABR, CRS
Broker | REALTOR ®
512.920.4188 cell

Photo courtesy Gary, Stock.XCHNG.

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