Worst Home Selling Mistakes

home-selling-adviceYour home is most likely your most valuable asset, so you’ll want to do everything possible to help it sell for top dollar. If you’ve never sold your home before, you may be surprised by how time-consuming it can be. When you put your house on the market, your beloved home becomes just another listing. Selling a home isn’t easy; there are a lot of mistakes that can be made along the way. Here are the worse selling mistakes to avoid.

Not Pricing Your Home Properly
There’s no easier way to scare away interested buyers than a high asking price. One of the most important tasks your real estate agent does is helps you determine a fair asking price. If you price your home too low you could end up selling it for less than it’s worth. On the other hand, if you price it too much it could end up sitting on the market for weeks without a single offer. Your agent should perform a comparable market analysis to help determine a fair asking price. Relying on “gut feel” is usually not a wise decision.

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Not Choosing the Right Real Estate Agent
Your real estate agent can make your home selling experience a breeze or a nightmare. If you’re hoping for the former, it’s important to do your homework before hiring a real estate agent. Flipping through the newspaper for the first real estate agent you see it’s probably not a good idea. Family and friends are a great source of real estate agents. They’ll be able to provide firsthand feedback if an agent is worth considering. Once you’ve shortlisted three agents, interview them and make your final decision.

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Selling Your Home Yourself
Selling your home yourself is a lot more work than you think; most of the time you’re better off hiring an experienced real estate agent. Agents do a lot more than prepare the final paperwork – they show your property to interested buyers, field calls from agents, and negotiate on your behalf. If you decide to sell your home yourself you better have plenty of free time. If you work a 9-5 job, you may find it tough to take calls from interested agents and keep up with your daily job. Selling your home yourself may be a case of penny wise, pound foolish. Statistically, although not paying real estate commission is tempting, homes listed a “For Sale By Owner” sell for significantly less.

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Letting Your Emotions Get the Better of You
To you your house is your home. You’ve lived here many years, perhaps raised your kids here. Although you may feel attached to your house, the secret to home selling success is to think like a buyer. That means looking at your house with a critical eye for areas of improvement. You shouldn’t take anything buyers say personally. Remember, to buyers your home is just a house; they don’t have the same memories as you.

Patrick Parker Realty experts are committed to delivering 100% satisfaction.  We offer turn-key services to get your home sold quickly and for top-dollar.  Contact us today for a free home market analysis.