Don't Make These Critical Mistakes when Selling your Home

April 5, 2023

Selling your home can be a time-consuming experience. It is also very emotionally challenging. Sometimes you may feel as though it is an invasion of privacy too. After all, you have people coming to your home and you also have strangers poking around. They will criticise your home openly too and this be difficult for you to deal with. If you want to help yourself here then take a look below to see what steps you can take.

Getting Emotional

It’s very easy for you to get emotional about selling your home. You probably spent a great deal of time and energy finding the right property for you, and you may have even gone as far as to save up for a downpayment. Your home will be the place of a lot of happy memories, and as a result, you may find it hard to keep your emotions in check when you have people come around. The best thing you can do is remember, when you do decide to sell your home, that you are a business person. You’re not a homeowner in this situation, and you should try and look at the sale from a financial perspective where possible. If you can do this then you will be able to distance yourself from the more emotional aspects of selling your property. Remember how you felt when you were looking around the property yourself too, and all the problems you saw. The new buyers are just doing this, so be mindful of that.

Not Hiring an Agent

Real estate agents tend to command a very hefty commission. This can be up to 5% of the sale price of your home. It’s probably not the best idea for you to try and sell your home on your own, and this is especially the case if you have never sold a property before. At the end of the day, a good agent will always have your best interests at heart and they will also demand a fair and competitive selling price for your home. This increases your odds of getting a quick sale. Your agent will have a lot of experience when it comes to selling homes and they can help you to get way more for your property overall so make sure that you keep this in mind.

Setting an Unrealistic Price

It’s also very bad if you set an unrealistic asking price. Whether you are working with an agent or choosing to go at it alone, you have to make sure that you set the right price. It is imperative  that you do a competitive marketing analysis so you can find out how much your home is worth. Buyers will always look into the previously sold prices in your area, and as a seller, you have to make sure that you look into this as much as possible.

Expecting the Asking Price

If you have put hours of thought into your asking price and this is great, but that being said, you can’t expect the buyer to pay that. Your buyer will probably want to have a bit of breathing room when it comes to your property and you need to make sure that you allow for this. Make sure that you make the buyer feel like they are getting good value, as much as possible. If you can do this then you can increase the chance of your sale going through. That being said, you do need to make sure that you don’t drop the price too much. A few thousand either way should suffice, any lower than this and you could be missing out. If you are needing to sell my house in atlanta (or wherever it is you are) quickly and decide to work with a home buying company, you should be prepared for an offer that is less than the asking price but will be guaranteed and you'll be able to sell up and move on much quicker than you would if you were selling your home in a more traditional manner. 

Selling During Winter

Believe it or not, there is no time in the year that is perfect for selling. Winter, in particular, can be a  hard time to sell up during and the main reason for this is that people tend to be busy with their social engagements. You also have the cold weather which puts people off from going outside. People would rather stay home, and even if your property is listed on a site, you may get fewer viewers. This is the last thing you need. If you want to work around this then sell in spring or summer. The natural light will flood through your windows and this will make your home look way more appealing. If you want to increase natural light in the home, why not explore the idea of home window installation?

Of course, there are many things you can do to try and get the result you want out of your home sale and if you follow this guide, you should see results in no time at all.

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