Don’t Make These Mistakes When Selling Your Home
Selling your home can be time-consuming and emotionally challenging. Avoiding these mistakes can help.
Underestimating the costs of selling
The costs of selling your home may add up, and it is good to be aware of them before you begin your home selling process. We highly recommend working with an expert sellers agent from your local area. Their commission fees are typically 5-6% of your home’s selling price. There’s also closing costs, and it’s common for buyers to ask sellers to cover some of these costs. There may be other concessions that you will have to make to the buyers, adding additional costs. There are taxes and fees and buyers insurance costs. Overall, you can expect to pay around 10% of your home’s selling price to cover all of these costs.
Setting an unrealistic price
Not pricing your home correctly is one of the main reasons why a home may not sell. There are many factors that you should take into account when deciding a price range that you are comfortable with listing your home at. One of the first steps you can take is to use an online home valuation tool. Check out our post on the best tools available.
Not working with a sellers agent
A sellers agent works for you and has your best interests in mind. They can help you determine the best price to list your home, declutter and organize your home to maximize its appeal to buyers, and do the difficult job of communicating with potential buyers and negotiating sale prices. An agents has experience selling homes. This makes them an expert at negotiating and handling all inconveniences and potential issues that can pop up in the process of selling your home. The commission paid to an agent is well worth it considering you’ll likely sell your home for more and avoid dealing with the headaches accompanied with selling.
Not cleaning your home before showings
Dirt and clutter can distract potential home buyers from seeing the value of your home. It’s hard to see past dirty dishes in the sink and a pile of laundry on the bedroom floor. Making sure you clean and declutter your home before listing is an easy way to avoid this mistake. You can even take some easy steps to make your home even more attractive to buyers.
Neglecting the exterior of your home
The exterior of your home is the first thing potential buyers see and is also likely the part of your home that has taken the biggest beating from the weather and experienced the most neglect. Over time, the paint on your door chips, the weeds near the side of your house flourish, and the windows collect dust and grime. Replacing your front door or giving it a fresh paint job are easy ways of upgrading your home’s curb appeal. Taking care of weeds and landscaping can show potential buyers that you take care of your home. Giving your exterior a pressure wash or deep cleaning can give it a fresh lively look. A great looking exterior is perfect for listing photos!