Top Ten Mistakes in Preparing Your Home For Sale
Selling a home can be a challenge and cause a lot of stress. If you’re planning on putting your home on the market here are additional things you’ll want to avoid.
Don’t Sell Before the House is Ready
The first impression of your home is the most important in the eyes of a prospective home buyer. A surprising amount of home sales have been lost to overgrown lawns that have not been mowed, dirty kitchens, and bathrooms, cluttered rooms, unpleasant odors, bad stains,etc. Imagine yourself as the buyer and clean your home from top to bottom.
Making over improvements can be costly. Focus on the neighborhood standards and values before planning any improvements or remodeling.
Picking the Wrong Real Estate Agent
The vast majority of all homes are sold by real estate agents, but all agents are not the same – not even close. The agent’s experience, knowledge, and marketing plan can have a huge impact on your success. Signing up with the right agent can make all the difference in the world.
Don’t Hide Anything
Disclose! Disclose! Disclose! The basic premise for disclosure is to disclose anything that might have a negative influence on a purchaser’s desire to own your property or be a negative influence on the price that a purchaser might be willing to pay for your property. Show all repairs that have been done, whether or not permits were obtained, and note any work that is not guaranteed by the seller.
Be prepared before before putting your home on the market. Inquire on how much is owed on your mortgage including prepayment penalties Knowing the market conditions and trends in your neighborhood is critical in setting the appropriate price and involves the evaluation of numerous different factors.
Don’t Get Too Emotional
You must realize that selling your home is a dollars and cents business transaction. Don’t let your emotional ties to your home affect your judgment. Remember, purchasers are not buying your home, they are buying a house to make into their home.