When selling your home having the right realtor can make all the difference. That’s why it is so important to interview potential candidates to see how well you get along (you will be talking to each other a lot), determine their level of experience in your market and to see how they are going to market your home.
Sometimes, even with the best realtor, home sellers can run into snags that can cost them in the long run. Here are the most common mistakes and how to avoid them.
Mistake 1: Marketing your home while it is under construction. Don’t put your home on the market until it is ready because you only get 1 first impression. So depersonalize it, neutralize it and stage it before you show it.
Mistake 2: Not pricing your home correctly. Just because you want to net a certain amount doesn’t mean you will get it. Let your realtor help you set the price based on your local market. Price it right the first time.
Mistake 3: Taking it personally. Not everyone is going to love your home and all its charm. Once you list your home, break up with it. Don’t become so emotionally attached that it clouds your judgement.
Mistake 4: Hiding issues. Just don’t do it. Not only is it the law to disclose issues but you leave yourself open to lawsuits.
Mistake 5: Over improving your home. Never be the best house in your neighborhood. You most likely not get the money you invested back when you sell. Before doing major improvements, check out the neighborhood and see if it is worth the expense.