When selling a home, sellers want to do everything right. But there are various pitfalls they can easily fall into. This makes the home selling process less than ideal or unsuccessful.
Home selling can be both stressful and exciting, especially if it is your first time. Don’t worry; your home selling experience can still be ideal if you avoid the common mistakes below:
Mistake #1: Pricing Your Home Too High
Determining the right price is one of the most critical steps in the home selling process. But when sellers list their homes for sale, they give in to the temptation of overpricing the properties.
Here are several risks if your home is priced too high:
- It discourages qualified buyers in the price range.
- It takes longer before a home is sold. The longer a home sits on the market, the less potential buyers want to put in an offer quickly.
- You may sell your home for less than the desired amount if your listing goes stale.
- You may need to reduce the price since prospective buyers assume they have extra negotiating power.
Mistake #2: Skipping the Pre-listing Home Inspection
Even when you feel everything is going right, the process of selling your home is still stressful enough. Typically, homebuyers hire inspectors. And when they catch issues like a cracked foundation, pests, or molds, expect your stress levels to double up. This also develops a risk of losing a potential sale.
Pre-listing home inspections are affordable. The inspection gives you peace of mind knowing your house is in good condition. If there are issues, you can fix them before homebuyers bring them up during the negotiation stage.
Mistake #3: Not Cleaning and Staging Your Home
More and more homebuyers prefer making offers according to what they see on a screen. So, exerting extra effort in making your home look its best before placing it on the market is an advantage.
Some home sellers have a terrible selling experience because they fail to clean, prepare, and stage their homes. If you do not want to have a similar experience, here are a few tips on how to clean your home thoroughly:
- Sweep, vacuum, and mop.
- Clean bathrooms.
- Wipe down or polish countertops and appliances.
- Keep closers organized.
- Eliminate odors.
- Put away or fold laundry.
- Repeat the process before every showing.
Meanwhile, below are some staging and decluttering tips:
- Remove oversized couches or any large furniture that can make your room look crowded.
- Put away décor that shows too much personal details.
- Thin out the shelves.
- Clear off the countertops.
- Repaint the interior, especially the rooms, with unique and bold colors.
Mistake #4: Ignoring the Landscaping
Prospective buyers initially see the outside when they arrive at the property for a showing. But another common mistake that sellers make is skipping curb appeal. They spend so much time and effort prepping the interior that they forget about the outside.
Make sure to spruce up your landscaping before listing your home on the market. Here are some landscaping tips:
- Mow the lawn.
- Pain the exterior, if necessary.
- Clear pathways.
- Plant ornamental plants.
- Perform seasonal maintenance, like trimming bushes and branches and raking leaves.
Mistake #5: Not Using Professional Photos
As cameras on smartphones become more advanced, everyone assumes they are already great photographers. Even though the pictures you took a few days ago look like they could be featured in ads, taking real estate photos is far different.
Many home sellers even post lazy or blurred photos. Remember, the majority of buyers search for homes online, and your home gets the first impression from the listing photos. If you fail showing your property’s best angles and features in photos, you might lose a potential sale.
Many professional real estate photographers only charge a few hundred dollars, so do not hesitate to hire one. The result will be clean and crisp photos with lots of natural light, which highlights the best features of your home.
Mistake #6: Letting Emotions Interfere
Not separating the emotional connection to the house during transactions can lead to unsuccessful selling. If you let your emotions interfere with the home sale, it will be harder for you to obtain your desired results.
Understandably, you have an emotional attachment to your home after staying there for several years, but you need to view the home sale as a business deal.
When making important negotiations, ensure to keep a cool head and do not take those negotiations personally. If the potential buyer suggests renovating some parts of the house, do not get offended or view it as an insult to your taste. Instead, consider it a difference in personal preferences.
Selling a home is never an easy process in terms of emotional connection and actual logistics. While most home sales do not go 100% smoothly, some common mistakes during the home-selling process can be avoided to make it less emotional and stressful. To sell your home fast, you might like to visit sellmyhousefast-charlottenc.com to learn more.