COMMON MISTAKES TO AVOID
When Selling a Home It is critical before you sign anything to know how to successfully sell in today's market. Know the most likely mistakes so you can avoid them.
- The Wrong Price
When the listing price is more than 5 percent over market value, the price alone discourages buyers.
- As-is Condition
In today's market, most buyers will not even consider a house that needs fix-ups. Most buyers are looking for an inviting home in move-in condition.
- No "Curb Appeal"
This is one of the most critical points in selling. You only get one chance to make a good first impression. Buyers often fall in love at first site, or not at all.
- Dreary Condition
A clean, bright décor is what buyers want. Neutral colours are best. New paint and carpet works wonders to accomplish a bright look. Just do it.
- Spending Too Much on Over-Improving
Spending too much money on remodelling projects just drains your pocketbook. Undertaking a major project could cost more money than you would recoup from the sale.
- Being Inflexible in Your Financing
Be flexible in your financing, as this will help you to be appealing to more buyers.
- Going It Alone - For Sale By Owner
Going it alone could invite disaster. Get the professional experience of a specialized professional Realtor working for you. Going it alone could cost you more net income from your sale.
- Being Underfoot
When your home is being shown, stay away. If you can't, be friendly and low key. Keep pets out from underfoot, and prospective buyers won't feel like intruders.
- Being Adversarial
No one wins if you enter negotiations negatively. Don't approach negotiations as an adversary of the buyer. Be positive and you have a better chance of closing a win-win deal.
- Letting a Buyer's Contract Gather Dust
Reply immediately to an offer. You don't want to lose a sale because you stall in replying to an offer.
|