Selling a house is one of the major decisions a person makes in his life apart from buying one. Doing so would need a lot of deliberation, researching and enhancing in order for the house to be successfully sold in the market. However, there are sellers who put their homes for sale without really knowing how to do it properly.
Here is a list of some mistakes sellers make as well as how to avoid them.
Selling Your Own House (FSBO)
Although selling your own house may be a great option, it is usually best to sell it through an experienced and reliable real estate agent. This is to avoid any unnecessary problems while trying to negotiate with a potential buyer. Your agent will walk you through the process so choose one who is very competent and trustworthy in this arena.
Wrong Pricing of Home
Sometimes sellers establish their own price based on how much they have spent on repairs and improvements. This could be a costly mistake. Sellers have a tendency to overprice their homes, as a result it takes longer to sell them. It is advisable to ask a professional when it comes to the price of a house. Usually it is based on the current market value of a home.
Inadequate Home Staging
Home buyers are more interested in the cleanliness and proper maintenance of a house, so do not fail to do some cleaning, enhancements, repairs and maintenance on the house before you open it to the public for viewing. If buyers see your house in a disorganized condition, it would most likely turn them off. So prepare in advance to make your house more attractive. Also, improve on curb appeal. Buyers initially see the front of the property, and if they see it with a disheveled yard, cracking paints or sagging doors, that may lose their interest in your home and eventually leave.
Aside from being disorganized, foul odors could likewise turn off potential buyers, as they would not want to stay in a house full of disgusting smells. If you have a pet, take it out and let it stay in a relative’s or a friend’s house. Do some cleaning to eliminate the stinky odor if you really want buyers to buy your home.