Are you trying to get your home sold?
Have you stopped to consider that the way you’re going about selling your home is what can keep it sitting on the market for a long time?
Your Real Estate agent does have an integral role in successfully selling your home – but that mostly involves carrying the sale over the finish line. The effort and elbow-grease that goes into adequately preparing your home for sale, is on you as the home owner.
So here’s 4 things you might be doing as a seller that hurt your SALE:
You may very well be entitled to think your house is the best in the neighborhood and should have a high price attached. But in order to do that, you need to know how it racks up against other local comparable properties, or else your overpriced home can be huge turnoff for the buyers.
You may want to price a tad bit above comparable properties, but not by much.
I get it, you want the most return on your investment…who doesn’t? But selling your home solo, without an agent, can actually work against you. When you list your own home for sale it’s called a ‘For Sale By Owner’ (FSBO) listing. Without the professional help of an established agent or agency that can put your property out there; to network with all the other agencies – where homes are promoted to get the best offers, you’ll have to market it yourself. That is a recipe for disaster if you’re inexperienced, not to mention all the legal paperwork behind it.
Looking for a Property to Buy, Sell or Rent?
Not Making Updates
You don’t have to ‘bust the bank’ trying to make your home shine. There are many low-cost updates such as repainting tarnished walls, replacing fixtures and cleaning and boosting curb appeal with some landscaping.
Not sure where to start?
Having enough time and money to get the reno job done right so you can list for maximum value can be a hassle. I recommend that you contact us at (868) 628-9307 for specialized advice and see this article.
Hasty With Offers
You may have lots of offers on your property and your instinct might be to choose the highest one…can’t blame you, but that’s not always the best approach.
Going straight for the highest offer overlooks key factors like the property appraising at that value, and may be seen as overpriced. If that deal falls through, then it’ll look bad if you now have to go back and renegotiate with the lower offers. Have a good Realtor advise you with things like this.