Common mistakes people make when selling a home

July 2, 2022

 

Selling your home can be one of the most pivotal moments in your life. But no two homes are the same, and likewise, no two selling journeys are the same either. This uncertainty can lead to making mistakes that can potentially have large repercussions when it comes to finding the right buyer for your house.

And while companies like Compass Real Estate exist to advise, guide, and empower you to make the best possible decisions for your specific goals, there are some common mistakes you’ll need to avoid making to help those goals come to fruition.

Avoid these common mistakes when selling your home, and you’ll soon find yourselves on a path to a faster sale and a more prosperous future.

Listing your home at the wrong price

There are a lot of variables to consider when listing your home. And if you’re not willing to adapt to some of the most common obstacles in selling your home, you’re going to miss out on what could have been the perfect sale.

Overpricing your home at the beginning of a sale can eliminate the chances of multiple interested parties starting a bidding war to get your place. Most house hunters have strict pricing brackets online that they use to find homes within a budget. Listing your home a little under the right price can boost interest and lead to higher bids. And if you don’t like an offer, you can always just refuse!

Putting zero effort into viewings

Hosting home viewings can either be one of the most enjoyable parts of the selling process or an absolute nightmare depending on who you ask. But whether you like them or loathe them, they’re an integral part of selling a place and deserve all of your efforts and attention.

A deep clean and some decluttering can make all the difference to a potential buyer, and some creative use of even the smallest of spaces can inspire a viewer to begin mentally planning how they’d make good use of it themselves.

Letting emotions guide your selling process

The biggest obstacle to selling a home is allowing emotions to dictate your next steps. It’s not easy to let go of all of those memories that made your home such an important part of your life, but those memories don’t get left behind when someone else purchases your place.

Embrace the future memories you’re going to make in your new home, and treat the entire process as a financial transaction and nothing more.

Going with the first realtor you find

All too often, worried sellers will simply go with the first real estate agent they come across. But it’s essential that you remember any relationship between a realtor and a client is supposed to be based on trust, communication, and a clear understanding of what your overall goals are.

Don’t just choose a realtor who tells you what they think you want to hear. Take the time to research reputable companies with a proven track record of success.

 

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