Selling your home should be an easy process, right? This is a seller’s market, which means homes are in demand. But this isn’t always the case.
There are many things to consider before putting your home up for sale. Without the right preparation, you could make a lot of mistakes.
What are those mistakes?
Not Hiring an Agent
As a seller, you might think that it’s cheaper to do your listing yourself, and there is some truth in this. However, not going through an agent or broker will leave holes throughout the process, which could lead to frustration.
You also miss out on professional expertise.
A real estate agent can easily list your home on the MLS (Multiple Listing Service) and go through difficult paperwork (something that might fall through the cracks if you DIY).
You’ll also avoid undervaluing your home and selling it for a higher price. Most importantly, as real estate agents know their stuff, they’ll be able to help you close on time or sooner than expected!
Hiding Issues with the Home
Healthy homes appeal more to buyers, meaning you want yours in top shape before listing. Make sure there aren’t any major problems with the property that would dog your sale and slash several thousand dollars off its original asking price!
If you want to avoid this issue, consider listing your home below market value or offering credit to the buyer so that they can get it sorted out. Another reason why I recommend consulting an agent!
Becoming Emotionally Attached
You might find yourself feeling attached to your first home, especially if it’s where you made many memories with loved ones.
Remove your emotions from the process. Put your business cap on, and don’t worry about what will become of your home when it’s sold. You aren’t turning your back on the great memories made there. You’re simply passing a house on to someone else, regardless of how they treat it.
Seeing things from a business perspective will make it easier to release emotional attachment.
Trying to Handle Showings
You likely want to be involved in the process of selling your home. However, there is such a thing as being too involved. When you hire a real estate agent, allow them to do their job.
Don’t make everyone uncomfortable by sticking around for showings. Let the agent do what they do best.
Not Preparing Your Home for the Sale
Do you have clutter lying around? Is the lawn unkempt? Before putting your house on the market, ensure it’s in good condition. The staging needs to be just right, as staged homes sell 88% faster than unstaged ones.
The key to selling your home is preparation and having a good agent. Avoid these common mistakes, and you’ll be well on your way!x