10 Real Estate Blunders to Avoid

Let’s face it, nobody is perfect and buying or selling a home is rarely a perfect experience. Sales fall through and people can be tough to deal with, but there are a few real estate blunders you can avoid to help make the process as close to perfect as possible.

Here are a few real estate blunders to avoid:

When Selling A Home

Blunder #1
Don’t overdo the upgrades. You may want to think twice before adding a water park to the backyard. Work with your realtor to decide what home upgrades are necessary and forget about the ones that won’t help you sell your home quickly.

Blunder #2
Don’t add too much YOU in your home when you’re trying to sell it. Buyers like to see what a house can be when they add their personality and not what you think it should look like. Decorate the home to highlight features, but don’t keep personal items out in the open.

Blunder #3
Hiding problems with the home is never a good idea. Someone is going to find out about the leaky pipes or lack of insulation, whether it be the real estate agent, the buyer, or the home inspector. You’re better off disclosing all pertinent information from the beginning.

Blunder #4
Converting the garage to an arcade room probably seemed like a good idea at the time. There’s only one problem with it...a new homeowner would probably rather park their car in there than plan Pac-Man. When you’re selling a house you want every room to be functional, so plan ahead!

Blunder #5
Hiring an incompetent agent. We already mention that selling a home is no walk in the park. Our team is experienced and ready to get started helping you sell your home.  We’re here to make sure you avoid making any of your own blunders so let us know how we can help.

When Buying A Home

Blunder #1
Never purchase a home because of its decor. Think of a new home as a clean slate and plan on making it your own after you move in. Look for structural and functional features that you enjoy instead of focusing on paint colors and furniture.

Blunder #2
It’s a good idea to keep resale potential in mind when you purchase a new home. Even if you like the home, it will be hard to sell if it’s in a bad neighborhood or if it has limited features.

Blunder #3
Don’t DIYourself to death. If you have a major upgrade you would like to complete, it may be worth hiring an expert. It will be less stressful and  you’ll probably be happier with the results!

Blunder #4
Look beyond your home when you’re buying a new house. Carefully examine the neighborhood to identify schools, parks, shopping centers, and other landmarks your family will want to be happy.

Blunder #5
Hiring an incompetent agent. You need an expert on your side when you purchase a new home. The Ferris team is dedicated and happy to help you through the entire purchase process. Contact us at (317) 259-6000 to get started today!

What real estate blunders have you made? How did you work past the problem?