5 Mistakes Home Sellers Should Avoid

Don’t make these mistakes when you decide to sell your home.

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There aren’t nearly enough resources out there for home sellers to take advantage of. So today, we’ll be sharing five common but critical mistakes that sellers should avoid when it comes time to list:

1. Pricing your home too high. There are three ways you can price your home. You can price it above market value and hope a buyer comes around, you can price it at market value and take advantage of the buzz that generates, or you can price it below market value and drum up a bidding war. Typically, pricing at or below market value is the best strategy. Pricing too high puts you at risk of eventually selling at 5% to 10% below market value.

2. Not hiring a real estate agent. Many sellers assume they can save money by forgoing an agent. However, a commission fee is a small price to pay for the services an agent provides. They’re marketing experts who do much more than put a sign in your yard. The best Realtors today utilize cutting-edge techniques to earn top dollar for your home.

3. Not making home improvements. Before listing, sellers should do whatever it takes to make their property shine. Decluttering, cleaning, and staging can go a long way—if your home doesn’t make a good first impression, you won’t command the price you deserve.

The best Realtors today utilize cutting-edge techniques to earn top dollar for your home.

4. Not ordering a pre-listing inspection. Ordering an inspection prior to listing allows you to identify and resolve issues ahead of time. On top of this, having an inspection report ready for buyers to review can expedite the entire process. If you have a condo, order a status certificate for the same effect.

5. Being present for showings. Buyers may not be comfortable expressing their honest opinions if they know you’re lurking nearby. During a showing, it’s best for sellers to be gone altogether.

If you have any questions or need more information, feel free to reach out to us. We look forward to hearing from you soon.


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