A successful sale depends on a variety of things, including your marketing plan and the real estate agent you decide to work with. Sellers often underestimate how much work goes into preparing a home for sale.
The property market has changed considerably in the past few years with more people opting for renting instead of buying. If you want to sell your home without making some of the mistakes that commonly befall other sellers, you don't have to look hard for advice.
Why is Your House Not Selling?
Most people don’t realize why their house is not selling. Even if you hire a realtor, it doesn’t guarantee a quick sell. While those who are looking for a quick sale and want to sell their house can check out a service like this one that buys a house fast and in their current condition.
However, if you want to sell your house through the regular channel and wish to make a fast and profitable sale, you need to understand the mistakes you are making that are preventing the sale. Let’s discuss the mistakes you should avoid while you are trying to sell your house.
If you have already decided to sell your house, you should immediately think about what steps to take next. It might seem like this is a no-brainer, but it’s surprising how some sellers don’t put in the extra effort to prepare their homes before an open house.
A potential buyer could be turned off by a messy house, and won’t even bother setting up an inspection. However, they will if you keep it tidy, get rid of the clutter, clean up and make your house look appealing. Here are some things to be careful of:
Don’t have any trash lying about. This includes clutter, dirty dishes, and other items that will need to be cleaned before buyers see them.
Keep your yards clean. Grooming the yard and putting some effort into enhancing curb appeal helps.
Don't let pets run loose.
Clean off countertops and tables.
Keep the floors, walls, doors, and windows, squeaky clean.
Take down holiday decorations.
Remove personal belongings.
Get rid of old furniture.
Put away laundry.
Stage the house.
You Didn’t Hire A Reliable Real Estate Agent
Finding the right real estate agent is the most important thing when it comes to selling your house. Although it's not always required, and you have every right to list your property on your own.
Without a reliable real estate agent, it will be quite hard to sell your house at a profit. Getting started with a good real estate agent will be beneficial for you in the long term.
Before you sign an agreement and start working with an agent, ask other homeowners and people in your neighborhood who they worked with, and what experience they had with the real estate agent. It also helps to check reviews and testaments on the internet.
Hiring an agent will provide key advantages, especially if this is your first time selling a home and you don't know the ins and outs of the real estate market. It's common to think that you will have to work with one agent.
Not Doing Research Before Attempting to Sell Your House by Yourself
Selling your own home can be a daunting process. Even if you want to save money on real estate commission, you’ll still want professional photographs, homeowner insurance, and protection from fraud to ensure the sale runs smoothly.
Depending on where you live, there is a certain amount of research required to ensure your property stands out over all of the other homes that come up in potential buyer searches.
Whether you are a novice or an experienced seller, selling your home by yourself can be costly if you don’t know what you’re doing. Research shows that hiring an agent to sell your property can save you thousands of dollars.
If you decide to sell your home on your own, make sure you do your research first. There are plenty of online tools available to help you find out what your home is worth.
Putting a High Price on Your Property
We all want to put a high price on our property and sell it for cash. Even if that is the dream, putting a high price will reduce the chances of your house selling fast. It might make it not sell at all!
Be nice and put the right price on your house. Don’t risk your house staying in the listing for months. Do some research and put a price that is respective to your house’s value and is something buyers can aim for.
Not Maintaining Your Property
Many home sellers are surprised to discover that they forgot to remove or repair some of their belongings beforehand. Regardless of whether this is intentional or not, it’s quite common for homeowners to forget items like paint, tools, or furniture.
Buyers will notice this and feel that you didn’t care about proper cleaning before the sale. This can be a big turn-off for many buyers and is likely to reduce your property value.
It might seem like hard work when you're busy looking after your family, taking care of work commitments, and trying to get through the rest of your busy day. But, if you don’t pay attention to the condition of your home, you could find yourself with a big problem when you try to sell it.
A few small repairs can go a long way toward improving the appearance of your property and increasing its appeal to potential buyers.
We hope this article will help you stay away from the common mistakes people often make when they want to sell their property. Working with the best, knowledgeable agent can increase your chances of avoiding common mistakes.
Property prices are constantly on the rise, which means that selling your home can be costly, not to mention the stress involved. Fortunately, if you follow the steps we have mentioned above it you help you sell your next property with ease.