Top 3 Mistakes To Avoid When Selling Your Homeby Tribhuvan Singh Latest Updates through Blogs
If you're selling your home, avoid making these common mistakes. Selling a major asset is challenging and overwhelming, and mistakes can be expensive. We've outlined some of the mistakes homeowners make when selling and offer solutions that will help you sell your home faster.
Mistake: Asking Too Much
Our homes mean a lot to us. As such, we often have an inflated view of what our home is worth. However, an overreaching list price usually means that the home will take even longer to sell - or may not sell at all, until the price is reduced.
Solution: Listen to Your Realtor and Look at the Comps
Pricing your home right is an invaluable way Realtors help you sell your home. Your agent will conduct a market comparison analysis "CMA" using properties recently sold in your area. He or she will take into account several considerations – home size, renovations, lot size, and roof & infrastructure age, flooring types, fireplaces, floor plan and more and will recommend a fair market price.
As the owner, you've got the final say in whether you're taking advice from your real estate agent and listing it at the suggested price. A reputable Santa Barbara Broker will have the best knowledge to recommend a fair price for your home. When your agent represents you, she is under an ethical and fiduciary duty to be honest in all dealings. All agents want to maximize their sales price recommendation for the owner, but don’t hire an agent based on the price they quote alone. Ask your Realtor to ‘prove’ the market price with detailed references to comparable homes in the neighborhood.
Mistake: Underrepresentation Online
Even the most beautiful house does not sell unless it is online. Approximately 98 percent of younger buyers start online home searching. Of these, 87 percent say that when considering a home, photos are the determining factor.
If your home is under-represented online, it is less likely to sell quickly.
Solution: Lots of Photos, Bold Marketing Plan
Your real estate agent should ensure that your home is listed on multiple property websites. Your agent needs a clear marketing strategy to get your home in front of as many buyers as possible through social media campaigns, flyers, contacting other agents, and housekeeping. Ask about the intentions of your Realtor to market your home before hiring for a position.
Also, every home for sale should have professional images that show the very best features. Make sure that your home is shown in its best light with multiple professional photographs that tell a story of how the house lives.
Mistake: Not Preparing for the Sale
It's something real estate agents see far too often: homes that are anything but camera-ready, and owners who don't want to put in the elbow grease to make their homes shine. Homes that look outdated need repairs or are clumsy or messy do not sell.
Solution: Clean, Stage, and Add Some Curb Appeal
Before listing your Santa Barbara Real Estate Home For Sale, your Realtor will recommend suggestions to make your home more appealing to buyers. Clear the clutter out, stage your home to make it look more open and inviting, and spend some time improving your curb appeal.
Just a few minor changes can impact your overall profits significantly.
Final Words on Selling Your Home
Listing your Santa Barbara Home For Sale might be a stressful undertaking. Hire a professional who will take overwhelm out of it. Ensure that together you have a solid marketing plan, and you will successfully sell your house.
Created on Aug 12th 2020 01:24. Viewed 288 times.