Top Four Mistakes Sellers Make Before Listing Their Property

Selling a home isn’t as easy as you might think. It is both time-consuming and emotionally challenging. If you are selling a home for the first time, you might go through some unpleasant experiences.

For some people, it will feel like a privacy breach because strangers will come to your home, roam around, and open your closets and cabinets. However, one of the most valuable assets you’ll ever trade is your home. Making a mistake can be costly, and it may damage your other personal plans.

Here are the top four mistakes sellers make before listing their property, and you should avoid making any of them:

1.  Wrong Pricing

It can be difficult to determine the value of a house. You might lose a huge profit if you sell it too cheaply. On the other hand, If you price it too high, you may turn off genuine buyers or spend weeks and months before lowering the price to receive a reasonable offer.

Don’t put your faith in the web. Request a detailed competitive report from a realtor. This report will tell you the pricing trends in your area for a home like yours. Choosing the appropriate price strategy from the start will make a big difference in how soon your house sells as well as how much money you get at the end.

2.  Using Low-Quality Photos While Listing

Buyers often search for properties from the comfort of their couches. Therefore, you only get one chance to catch the attention of a potential buyer. If your listing photos seem like they were clicked with a phone in a hurry, you’ll lose the buyer’s attention.

That’s why working with an experienced real estate photographer who understands how to make your property appear beautiful on camera is crucial. You’d be surprised how much betterment lighting and a wide-angle lens can bring!

3.  Not Considering the Selling Costs

Selling a home isn’t a free or even cheap job. Be prepared to spend some dollars on realtor commissions, closing costs, staging costs, negotiation concessions, and moving expenses. Moreover, you will also have to make some minor repairs to the home to make it presentable for the inspections, these minor repairs can also cost you some money.

4.  Not Hiring a Real Estate Agent

Real estate brokers charge a high commission, almost 5% to 6% of the total price. But still, they are worth hiring. Selling your property on your own isn’t a good idea, especially if you’ve never done it before. A realtor will help you in recouping his commission and additional profits too.

A competent broker is mainly looking out for your best interests. They’ll help determine a reasonable selling price for you, improving your chances of a quicker sale.

To avoid any such mistakes and sell your property ASAP, you should consider the excellent services of Team Martinez. Team Martinez knows all the tricks which can be helpful for you to sell your home quickly and also reap huge profits.

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