We know time is money. The last thing you want is your home to be on the market longer than it needs to be. Since selling a home can be one big headache, you may be wondering how to sell your home fast, and the mistakes to avoid. We’ve compiled the top 6 mistakes to avoid when selling your home.
PRICING TOO HIGH OR TOO LOW
Pricing a home is an art. In this digital age, a buyer has more information in their hands than ever before. If you price too high, it could prolong the number of days it is on the market, sending a signal to buyers that no one else wanted it. By pricing fairly you don’t run the risk of potential buyers moving onto another home, having your listing go stale, or being forced to reduce the price.
FAILING TO PREPARE FOR MARKET
In order to sell your home fast, you need to make the necessary repairs. This means thinking about your whole home and how a potential buyer will experience it. Put yourself in their shoes. This usually means decluttering your home, landscaping, and painting. Working with a real estate agent, they will provide guidance on what repairs will yield the most return.
By not preparing your home for market, it will impact how much you sell it for, and how long it stays on the market. Just a little bit of time can make a huge impact. If you have kids or pets, it’s important to clean after them to make sure your home is tidy. Improperly preparing to sell your home can be avoided with a little time and effort and increase the chances of selling the home faster and for the most money.
Not disclosing any known physical issues with your home can create potential legal trouble in the future. In different states, there are different laws. Your Realtor will be able to provide you with the disclosure notice. While you aren’t required to report what you don’t know, you are required for the things that you do know. It is in your best interests to do this.
While it is ok to have a general set of expectations, such as how much you want your home to be sold for or the time frame you’d like it to be sold, it’s best to not have a set of unrealistic expectations. By entering the home selling process with properly set expectations, you ensure that you do not disappoint yourself and add unneeded stress and headaches. Your Realtor will walk you through the process but never hesitate to ask as many questions as you may have.
EGO OR EMOTIONS
When selling your home, it is best to not let your emotions get the best of you. By this we mean, not letting the negotiation offers make you emotional, whether it is a good or bad offer. Focus on the big picture. Don’t lose sight of it. You want to get your home off the market and out of your hands faster. Trust your Realtor with the rest.
TRYING TO SELL THE HOME YOURSELF
While it might be tempting to sell your home on your own in order to save money, there are serious drawbacks to going this route. From high marketing exposure, properly pricing, to market timing, negotiating, and understanding how the ins and outs of a contract affect you, hiring the right professional will ensure you receive the guidance and advocacy such a transaction generally requires. When you hire a Realtor, they are bound to their fiduciary duty towards you, representing your best interest during the sale and maintaining confidentiality even after the sale is completed.
When selling your home, these are some of the most common mistakes people make. We know how tricky the whole process can be. Having a Realtor by your side can remove unnecessary stresses from you to help the home selling process be as smooth and painless as possible.
Looking for a San Antonio Realtor you can trust? Contact Cornice & Cobble Realty Group Today!