Selling your home can be surprisingly time consuming and emotionally challenging. It feels like an invasion of privacy when strangers open your closet and poke around. They will openly criticize your home and your decorating skills, and on top of all that, they will pay you less money than your home is worth. Without experience and without a complex transaction on your hands, it is easy for home sellers to make mistakes. So in this article we are going to talk about the mistakes that most people make while selling their house.
Mistakes people make while selling their home!
Getting emotional: It’s easy to get emotional about selling your home, especially your first home. You’ve put in a lot of time and effort finding the best, saved up for your down payment and furniture, and made a lot of memories. When it comes time to say goodbye, people usually find it difficult to control their emotions.
Not setting a fair price: Whether you’re working with an agent or going it alone, it’s important to set the right price. Did you or your agent do a comparative market analysis when you bought your home to determine a fair offer price? Buyers will do the same for your home, so as a seller you need to stay one step ahead of them.
Expect your asking price: Any smart buyer will negotiate, and you’ve got to play ball if you want to close the sale. Most people want to list their homes at a price that will attract buyers and leave some breathing room for negotiation – the opposite of the pricing strategy described above. This can work, allowing the buyer to feel like they are getting a good price and still allowing you to get the cash you need from the sale.
Going Without a Real Estate Agent: Although real estate agents offer high commissions — typically 5% to 6% of your home’s sale price — trying to sell your home yourself is not a good idea, especially if you are one. This has not been done before. A good agent usually has your best interests at heart. Setting a fair and competitive selling price for your home will increase your chances of a quick sale. An agent can help ease the feelings of the process by contacting potential buyers and eliminating those who just want to view your property but don’t want to make an offer.
A real estate agent is very important when you are selling your house, so if you want to sell your house at the best price and with the best agent, visit https://www.ibuyhaus.com/we-buy-houses-camas-wa/ Best place to do it!