Avoid these Mistakes when Putting Your Home Up for Sale

 

You've got two main goals when putting your home up for sale. The first is to make as much money as possible, maybe so you can put a down payment on your next place. The next is to sell sooner rather than later, so you can move into someplace new. If you want both to happen, avoid these problems.

 

Pricing Based on What You Paid

The worst way to come up with a price for your home is to look at what you spent for it and then add enough to cover those costs plus a profit. If you bought a long time ago when prices were low, you could be losing out on a lot of money. If you bought recently, when prices were high, you may overprice your home and make it unsellable. You need to look at what properties similar to yours have sold for recently and base your pricing on that.

 

Not Staging

All your potential sellers have seen what the inside of model homes look like. They also watch decorating shows so they expect your interiors to be staged for sale. If you just leave your rooms as is, buyers may not even bother looking at the rest of the house. Or worse yet, they may lower their offers significantly to cover the cost of remodeling and redecorating. Clean your interiors, declutter them of extraneous furniture and accessories, and make any visible repairs. A well-staged home is one that will sell faster and for more money.

 

Flying Solo

Would you ever think of operating on yourself or fixing a complicated plumbing problem on your own? Then why would you want to sell your home without professional help? Real estate transactions are complicated and expensive. Make one wrong move and you could cancel the deal or lose a lot of money. A real-estate professional assumes responsibility for any issues and makes sure all laws and standards are followed so your transaction goes through. He or she can eliminate a lot of your worry, leaving you to simply enjoy the profits of the sale.

 

If you want to take advantage of the current real-estate climate by selling your home, please contact us.

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