We won’t lie to you...selling a home is not an easy, stress-free situation. It’s a big life decision and a major transaction and therefore it is inherently challenging. But if you work with a knowledgeable Realtor and avoid these 6 mistakes, we promise you it’ll be much, much easier!
1. Ignoring First Impressions
First impressions are the most important aspect of selling a home. Don’t rush your home to the market until it’s ready! That means you need to take time to stage your home and make necessary repairs. A home in good condition will sell quicker and for more money. By making repairs before your home is on the market, you’ll find yourself much less anxious during the home inspection.
2. Relying Entirely on Zillow Estimates (“Zestimates”)
Zillow is an awesome resource but be sure to check the numbers with your real estate agent. Zestimates can be very, very off and in order to price your home wisely, you need to work with a Realtor who will use a Comparative Market Analysis to determine the right price.
3. Choosing The Wrong Real Estate Agent
Your agent should be knowledgeable, have an established track record selling homes, and have the skills to "wow" potential buyers. To learn how to interview a Realtor when selling your home, read this article by trusted Realtor, Kyle Hiscock.
4. Staging Your Home Based on Your Personal Preference
Your home needs to appeal to a large amount of potential buyers, not you! It doesn’t matter what paint color worked for you or how you like the furniture arranged. What matters is what is going to appeal to the most people and showcase your home in the best light. For more staging tips, click here.
5. Not Staging Your Home At All
Don’t assume that factors like paint color don’t matter because the buyer will just redecorate when they move in anyway. Buyers buy on what they see and if your home isn’t market-friendly they’ll move on to a home that is.
6. Refusing to Make Changes if Your Home Isn’t Selling
If your home is not selling, you’ve got two options: fix the price or fix the condition! Work with your Realtor to see which option makes the most sense in your circumstance. Refusing to do either means your house is likely to sit on the market for a long, long time.
Have you ever made a big mistake when selling a home? What mistakes would you tell other sellers to avoid?