5 Mistakes to Avoid when Selling Your Home
Selling your Shore-area home should be a smooth profitable transaction. But it could end up being an unsuccessful, draining experience, especially if the appropriate precautions and preparations are not observed.
A majority of the time, the chance for success lies within the hands of the hired real estate expert.
Learn more about Why Use an Agent to Sell Your Home
In order to guarantee optimal results, sellers must be willing to team with their agent and always consider their professional, seasoned advice. Especially when your agent, like the experienced Realtors at Patrick Parker Realty are also experts in the community.
Agonizing over a listing price, making the property presentable, rushing for last minute showings, answering inconvenient calls, and frazzling thoughts of not being able to sell are all stressful components of selling. If you and your home are not properly prepared there is a great risk of losing thousands of dollars in an unsuccessful transaction.
Below we list five of the most common, costly mistakes homeowners can easily avoid when selling their Monmouth County home.
1. Do not believe all real estate professionals are the same, choose wisely
The process of selling your home involves many tedious details and critical decisions. Real estate professionals are experts in handling these situations and offering knowledgeable guidance to sellers. It is crucial to research several professionals in order to find a suitable match with experience selling homes similar to yours. Real estate agents use different methods to sell their listings. Innovative professionals who promote listings with newer techniques to attract buyers are always more successful than professionals relying on traditional strategies. 24-7 marketing, excessive exposure and lead generation are important services agents offer to aid in selling your home. Hiring and utilizing the right real estate professional can significantly maximize the chances for a smooth, profitable transaction.
Tip: in this day and age, do not hire a Realtor who is not versed in Online Marketing. Patrick Parker Realty has dedicated professionals versed in online and digital marketing and we customize marketing plans to suit your specific goals and objectives. Learn more about Patrick Parker Realty’s Marketing Methods.
2. Effects of ignoring cosmetic upkeep
The potential buyer’s first impression of your home is crucial. Dirty dishes piled in the sink, unkempt lawns, cluttered rooms, stained carpets, scattered soiled laundry, and disgusting odors may seem like little things, but they are big turn-offs to prospective buyers. Ignoring cosmetic upkeep leads to loosing home sales. It also never hurts to hire a staging company to assist in making the home more appealing to buyers.
3. Refusing to make repairs
Another major cause in loosing home sales is the seller’s refusal to make necessary repairs. In the long run, it is not beneficial to sell “as is”. Instead, making needed repairs or improvements will increase the home’s value. A real estate agent can decide what repairs will boost the home’s value.
4. Picking a price that is not too high or too low
Pricing is probably one of the most important facors when selling your home and your Agent is prepared to advise in this area. When properties get priced too high they tend to sit on the market and eventually develop a label of a problem property. When priced too low a home could fly off the market, allowing the buyer to get a great deal and the seller with lost potential profits. Listing the home at the appropriate price could make or break a successful sale.
Learn more about the importance of Right Pricing.
5. Making things convenient for prospective buyers
Providing easy access to the property for showings is the key to finding the right buyer. Appointment-only showings take away from the buyer’s convenience because a specific time has to be set to fit the schedules of multiple people. Using a lock box is the best way to provide easy access for showings. You are less likely to miss out on a sale when buyers are never denied a chance to view the property.