Getting ready to list your home can be challenging, especially if you don’t know where to begin. Whether you’re a seasoned pro or just familiarizing yourself with the real estate world, one things for sure, you can’t be sloppy when it comes to putting your home on the market. Luckily, we’re here to put your mind at ease and help you avoid common mistakes home sellers make first time around.
Don’t set the price too high
Although you may have paid one price doesn’t mean it’s still worth that amount. Condition of the home, improvements to the interior and exterior, and the current housing market are all factors when trying to decide what price best fits. But, keep in mind that even these pricy improvements (granite countertops, stainless steel appliances, etc.) aren’t a guarantee that you’ll get what you paid for. If comparable living rooms or kitchens in the neighborhood don’t have similar upgrades, chances are buyers aren’t expecting fancy improvements in yours, and will not pay extra, for that matter. Also, setting the price tag too high can discourage interested buyers and prevent your home from selling in a timely manner. Luckily, many real estate agents, like the Ohrt Real Estate Group, offer a free comparative market analysis to determine the value of your property.
Don’t rule out marketing
In this new digital age where buyers begin house hunting online, relying on drive-bys and word of mouth just won’t cut it these days. Sticking a “For Sale” sign in the front yard or taking one photo of the house won’t bring in potential buyers. But, internet advertising, plenty of pictures showcasing the home’s abundant amenities, marketing campaigns, open house invitations, and consistent blog posting will do the trick. If you live in a seasonal area and are planning to put your home on the market in the chilly fall or cold winter months, have photos taken in the spring or summer, when the sun’s out, the flowers are in full bloom and the grass is green.
Don’t think you can sell all on your own
Selling your first home or any home for that matter is not as easy as you may think. It takes knowledge of the current housing market, negotiating smartly, and creative marketing to make a timely sale. A realtor knows what’s out there and for what price. They can make the selling process go as smoothly as possible and without putting any stress on the seller. Putting your house on the market can be daunting, especially if you don’t know where to start. Luckily, a realtor with a proven track record can take the burden off your shoulders and sell your home quickly and at a reasonable price.
Don’t put off fixing things
If potential buyers take a tour of your home and spot several things that need immediate repair they’re going to wonder how well you’ve maintained the things they can’t see. Whether it’s cluttered gutters, dripping faucets, holes in the walls, or any other noticeable flaw, it’s important to fix it before any open house or private showing. Do a walk-through of your own home and pretend you’re seeing it for the first time. Ask yourself what sort of things you would want fixed. If something strikes you as odd, chances are it will for a potential buyer.