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Selling Your Home? Avoid These Common Mistakes, Says Real Estate Agents
If you want to sell your house quickly, it's important to avoid these common real estate errors made by inexperienced and novice sellers.
According to Real Estate Agents Ferntree Gully many vendors in Gully find at least one aspect of selling a property stressful. With so much to organise and consider, feeling stressed is completely understandable. Avoid making the same mistakes, and watch your home sell fast!
Mistake #1 - I had no idea what it would take
First of all, before you list your home for sale, you need to have a pre-listing market analysis done. This helps to find out what the average price per square metre is for the neighbourhood and what comparable homes have been selling for.
This information helps to set an appropriate price range, which will be important when it comes time to sell. Without this research and data, Real Estate Agents Ferntree Gully suggests that you don't get any idea what was going to happen with my listing or how much it would actually sell for.
Also, made the mistake of not doing enough research on how the market works before I listed my home.
Mistake #2 - Getting Choosy
Many people are reluctant to put their property on the market because they have a personal attachment to it.
A lot of homeowners don't want to spend money fixing up their homes so they can get top dollar at sale time. They may have lived there for years, raised their family there, or had some other connection.
Although it is natural to want to hold onto the home, it is important not to be too choosy about the buyer. If you will only sell your house for x amount of dollars and won't budge on that price, then you're going to be sitting on your hands for a long time.
Mistake #3 - Being Over-Achieving
The best way to sell your home is to be realistic. Don't try to over-achieve by doing work that can be done by the buyer's agent. If you're not comfortable with a particular task, don't do it and hire someone who is.
Otherwise, you may end up spending unnecessary time and money.
Don't over-stage your home for sale with too many decorations or furnishings unless you know for certain that this will help make your home stand out from the competition in this area of town.
Too many items can also clutter the space and deter prospective buyers from viewing it as a great place to live.
Mistake #4 - Not Removing Excess Clutter
Excess clutter can create an uninviting environment and the first thing people see when they walk through your front door. The good news is that you don't need to hire a professional designer or de-clutter expert to make your house more attractive. If you are still unsure about how to get rid of excess clutter, here are some easy tips:
- Sort through everything and separate items into piles like keep, donate, and throw away.
- Start with the keep pile because it will be the easiest to sort through. Separate items into smaller piles for things like winter clothes or kitchen appliances.
- Once all of the items are sorted, try moving them from their current location to a new one.
Mistake #5 - Waiting For The Right Price Before Showing to Buyers
Waiting for the right price before showing it to buyers is the fifth most common error that real estate agents Ferntree Gully have seen. The purpose of a property showing is to sell a property, so if you are not pricing your home competitively and actively trying to sell it, then you are not doing your job.
You should never wait for the perfect price before even starting to show your home. You might be sitting on an overpriced home and waiting for the value of the market or market conditions to change before selling. Be proactive and get it sold!
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