
Planning to sell your home? We spend a lot of time talking about the steps that you should take to make your home as appealing as possible to potential buyers, but it also helps to take a look what not to do when searching for the right deal. Selling your home is a complex process, especially if this is your first time putting a home on the market. A few seemingly small mistakes can make it more difficult to find the right buyer, and to receive the value that you expect for your home.
Don't worry. The team at Wright-Patt Realty has you covered, with our review of 5 key mistakes to avoid when selling a house.
Looking to Close the Deal? Avoid These 5 Mistakes when Selling a House
- Passing on Repairs – While it may feel a bit frustrating to pay for repairs on a home you'll soon be leaving, passing the cost of those repairs on to the next homeowner is sure to cool the market for your home. The real estate market is competitive, and most buyers will require repair credits at closing time if the work isn't done ahead of time. Taking care of key repairs before putting your home on the market will help you find the right buyer – and the right value – when selling a house.
- Unrealistic Assessment – It's important to be realistic when setting a price for your home, and sellers sometimes struggle to separate sentimental value from real market value. Setting an unreasonably high price can stall the market for your home before it ever has a chance to get started. Understanding the real market value of your home requires analysis, expertise, and a deep understanding of your local real estate market. Which brings us to our next tip...
- Choosing the Wrong REALTOR – Your REALTOR is much more than a sales rep. They're the person who will help you set a fair value for your home, make sure your listing gets in front of the right potential buyers, and walk you through the fine details that come with a major financial transaction. Be sure to choose a REALTOR who listens, answers your questions, and demonstrates a strong understanding of your local market. Choosing the right REALTOR will definitely make your life much easier.
- Too Many Furry Friends – Even if your pets behave like little saints, you'll want to keep them out of sight when showing your home. Pet allergies are common, and some buyers will be turned off by the possibility that your pets did damage that will only be uncovered later. Make sure to clean up any pet odors, as well. A buyer may have pets of their own, but they still want to move into a clean home.
- Passing on Curb Appeal – You want potential buyers to be impressed as soon as they pull up to your home, so sprucing up your home's curb appeal is more than worth the effort. And it doesn't even take a major investment on your part. Keep a clean yard, add some new plants to boost landscaping appeal, and consider outdoor solar lighting to add some extra pop. Your front door also plays a role in curb appeal, so a fresh coat of paint and well-polished fixtures will really help your home shine.
From listing your home to closing the deal, the help of an experienced REALTOR will be one of your most valuable assets. Contact the team at Wright-Patt Realty for all the help you'll need to buy and sell homes in Beavercreek, Ohio.
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