Common Home Selling Mistakes to Avoid

Posted on by Smith Marketing

Whether you have an older home or live in one of the new home communities in your town, you need to take some time to prepare when it is time to sell your home. Many sellers are excited to move on to the next chapter in their lives, but if they make a lot of mistakes, a perfectly good home can sit on the market for a long time. Some of the common home selling mistakes to avoid include:

Getting Emotional

It is easy to get emotional over a home, especially if you have lived there for a long time. But if you want to successfully sell your home, you need to transition from homeowner to business person. The buyer wants to make sure they get the best home for the money and you need to bring in the negotiating skills to help you get the most money out of the process. Turn this into a business transaction and keep the emotions at bay.

Not Hiring a Realtor

It may be tempting to try and sell a property on your own to save on the commission, but there is so much the realtor can bring to the table. They can do a market analysis to ensure the home is listed for the best price, answer your questions, find your buyer, handle contract negotiations, and smooth out potential problems. Homes without a realtor also stay on the market much longer and sell for way below asking price, so it can be worth it to bring in the professional.

Setting an Unrealistic Price

You may want to get a ton of money out of the property, but that does not mean the buyer is willing to meet you there. You need to do a comparative market analysis to see what your home is worth compared to similar homes that have sold in the recent past to help you out. You may get more than it, but if you set it too high, buyers will not come look.

Selling in Winter

Sometimes, you need to move suddenly, and you have no choice in when to sell the property. But if you do have some leeway for listing, it is best to sell in the spring and summer. There are more buyers during that time, and you will be able to get the home sold faster and for a higher price.

Skimping on the Pictures

Buyers like to look over available homes online before they come and look at it in person. If you skimp on the pictures, then the buyer may choose to not even come and look at the home. Consider lots of pictures, with the help of your real estate agent, and even a video tour to help the buyer see as much as possible.

There are many great homes for sale in Greensboro and it is important to find simple tips that will make your home stand out from the crowd. By working with a great real estate agent and avoiding some of the common home selling mistakes, you will be able to get your home sold for top dollar while preparing for the next chapter in your life.