5 Things to Avoid When Selling Your Home

02-07-20 | Selling

When you place your home on the market, you open yourself up to many time-consuming, and emotional challenges. From pricing up the place you’ve treasured, to strangers poking around your rooms, we wanted to highlights some pitfalls that we want you to avoid when it comes to putting up a ‘For Sale’ sign.

Not Removing Emotion

It’s tricky; it’s the space you’ve called your own, and may consider a manifestation of yourself. That’s why it’s important to separate any emotional sentiment you might have towards the house, and view it through a more business-like lens. Can you remember your mindset when first walking through your halls? That same mentality will be shared by potential buyers. Adopt a businessperson’s perspective, and focus on the financial upsides, and keep an emotional distance.

Setting the Wrong Price

Brass tax time: establishing the right asking price is a fundamental step in selling. Too high, and you risk scaring off interested parties – before or after they see the home. You’ll have competition, so know their offer and what their property has, or hasn’t got. And the longer a house sits on the market unsold, the less desirable they become to the buying market. While underpricing also has its obvious downsides, keep in mind there’s always wriggles room to negotiate, depending on the situation.

Not Getting a Realtor

We cannot stress to you the value that a professional in this circumstances will do for you, especially when that stress starts running high. The right agent will help with pricing, staging, and being the voice that is removed of any emotion. Negotiating with buyers is also their wheelhouse, while they can handle the finer details like mounting paperwork, liaising with other property experts, like inspectors, and ensuring that the whole process goes smoothly for you.

Taking Insufficient Photos

You only get one shot at a good first impression. Most of the time, that impression comes from online. Poor photos can kill any interest in your property before they even know where you’re located. A good set of wide-angle photos will accentuate your space, demonstrate how much light you can get, and generate the kind of excitement you want every viewer to feel about your home.

Not Marketing Enough

To even get off the ground, you’ve got to get the word out. Online is a start, but there are many many more avenues to pursue if you want full exposure to the buying public that you are here, and you’re worth checking out. A realtor, again, can provide invaluable expertise here; but remember that the wider the net you cast, the more likelihood you are to catch something. Marketing yourself is tough enough, without the weight of responsibility to manage the sale as well. Seeking help may be the smartest thing you to get the best deal with the least hassle.

 

Want to learn more? Get in touch, and find out how we can help avoid all the selling mistakes, and get that sale you need!