4 Mistakes to Avoid When Selling Your Home
Selling a home can be an exciting process but it can be stressful as well. The stress can be worse for a first-time home seller since it is easy to make serious errors. Below is a list of common mistakes that home sellers should avoid.
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Asking Price Too High
The asking price is one of the most important factors in getting a home to sell quickly. Ask for too much and the seller may have a long wait before it sells. If the seller has to lower the price, homebuyers may assume that there is a problem with the property. The seller should conduct research and get an understanding of the local market and the value of their home based on how much comparable homes sell for in that neighborhood.
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No Staging
Not only does a properly staged home attract more interest from potential buyers, but it can also sell for more as well. According to Forbes, staging a home makes it look better in person and in photos. Prospective homebuyers can see the property’s potential and listings become eye-catching.
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Neglecting Curb Appeal
What a prospective buyer sees when they pull up outside can impact how they feel about the rest of the property. Curb appeal describes the impression that a house’s exterior has on home buyers. Key factors here include the condition of the siding, garage doors, and the front door.
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Not Budgeting for the Cost of Selling a House
Some sellers don’t realize how much it costs to sell a home. If they are using a real estate agent, they will have to cover seller and buyer agent commissions. Also, homebuyers may expect repairs and other expensive concessions as part of the negotiation process.
These just a few of the mistakes that can make it difficult to sell a home. Making an effort to avoid them can save a seller a lot of time and money. At Equity Kept, we can help you to get around many of the pitfalls. Contact us today for more information.