Selling a home is a big milestone, and it can be difficult when you think about the steps involved. If you haven’t sold a home before, the process can be emotional and sellers can easily make mistakes. But with a little know-how, you can avoid many of these!

Read on to see what the most common mistakes are that you should avoid when selling a home and how you can get the highest possible price for your home- without losing your mind.

Mistake 1- underestimating the costs.

The cost of selling can add up when you account for closing costs, concessions to the buyer, moving expenses, repairs, your next home, staging costs, and more.

When you add up these expenses, the total can seem overwhelming if you aren’t prepared. A good real estate agent knows how to best arrange your home sale with these costs in mind, and keep you in the loop on what to expect.

Mistake 2- hiding major repairs.

Any problems will be uncovered during the buyer’s inspection, so don’t try to get away with hiding major issues. If a major problem comes up during the inspection, it could delay your closing date or terminate the deal. 

Mistake 3- pricing unrealistically.

Setting the right asking price is key. The price you want and what the market will pay can be very different. Ask a real estate agent about a comparative market analysis that will show you how much similar homes are selling for in your area. Setting the right price from the start can make all the difference in how quickly your house will sell and how much money you end up with at closing.

Mistake 4- skimping on listing.

So many buyers start their home search by looking for homes online. Many of these listings have poor photos of homes for sale. If you do a good job with staging and photographing your home, it will set your listing apart and help generate interest. 

Check out our latest blog on how you can increase your home’s screen appeal here.

Mistake 5- choosing the wrong agent 

It can be tempting to take on selling your home on your own. But, it may not be a good idea, especially if you haven’t done it before. A good agent generally has your best interests at heart and will help you set a fair price, and can help with the process by interacting with potential buyers and by eliminating the tire-kickers. An experienced professional can also help you get more money for your home, and handle problems that may pop up during the process which means there won’t be delays in the deal.

Selling your home. 

The goal is to have the home selling process go as smoothly as possible. Remember knowledge is power- now that you’re aware of some common mistakes to avoid, you can be more confident when selling your home. Be sure you have a professional in your corner to guide you through the process. Chat with a Freedom 512 agent about selling your home!

Start typing and press Enter to search