Common Mistakes Homeowners Make When Selling Their Homes
Selling your home can be a challenging process. Not only are you letting go of a property you know and love, but you need to select a real estate agent in Keller, TX, navigate pricing, stage the home to attract buyers and much, much more.
With everything involved in the process of buying and selling real estate, it’s easy to make some mistakes. However, mistakes could be costly, so you’ll want to make sure you’re avoiding these common errors at all costs.
Asking too much or too little
Deciding on an asking price for your home can be a huge challenge. How much you think your property is worth and how much buyers on the market are willing to pay can differ greatly.
It’s very important to learn the true value of your home and compare it to similar homes on the market to find a price in the “sweet spot.” You don’t want to ask too much and deter buyers, but you also need to avoid asking for too little so you don’t lose out on potential profits.
Neglecting property upkeep
Aside from ambitious “flippers,” most homebuyers don’t go on the market looking for properties that require a lot of work. If your home is in desperate need of a new roof, appliance replacement, flooring updates and more, buyers might be deterred because of the costs and work involved in fixing up the home after purchase.
If you can get some of these home improvements out of the way before selling, do so strategically. Not only will things like a brand-new roof attract buyers, but they could boost the value of the home.
Not staging the home properly
A major part of the home selling process is staging, or setting the home up to look attractive to buyers. Unfortunately, many sellers do this incorrectly. You want to implement neutral color palettes, furniture and decor that help the buyer envision themselves in the space. This means removing eclectic styles and covering up bold colors.
Additionally, you’ll want to remove personal items and clutter for photos and viewings. Your buyer wants to consider themselves living there, not see how you live there! And, of course, always avoid showing the home empty.
Working with the wrong agent, or no agent at all
Home sellers know that real estate agents expect payment for their services, so some opt to skip agency fees and attempt to sell their homes themselves. This is a huge mistake! Real estate agents offer a wealth of experience and insider knowledge that not only help your home sell faster and smoother, but also for a much better price.
Similarly, choosing the wrong real estate agent in Keller, TX can be a big mistake. You want to be sure that your agent is experienced and has a history of success in your market. If you choose the wrong one, your home may sell for less than you want, or might even sit on the market due to poor advertisement!
Make a smart decision in your sale
If you’re selling your home, choose DFW 1% Listings. As an experienced real estate agent in Keller, TX, we promise to do everything possible to get your home sold for a fair price. And, we won’t nickel and dime you for our services! If you purchase a home through us, you’ll only pay 1 percent to list your home for sale! Call us to learn more.
Categorised in: Homeowner Mistakes