Accoring to real estate broker Kale Realty, before selling your house there are things you need to keep in mind so as to avoid making mistakes and getting a bad deal for yourself. You should do these things as part of due diligence so that the process of selling is as smooth and hassle-free as possible.
This article will list out five mistakes that you must avoid while selling a house.
1. Do not Compromise on Photographs
In the age of online listings, do not use unprofessional photos that might not show the property in its best light while putting it up for listings. Hire a pro photographer who makes a good effort to stage your home in the best manner and who makes sure that you have ideal lighting to get the perfect shots of your home.
Since buyers often make first impressions and make purchase decisions based on how your house looks, it is imperative that you make your house look good.
2. Do not Spend too Much on Upgrades
Spending lots to fix up your home before selling it or spending hundreds of dollars on repairing your house before listing it will only give you diminishing returns. Instead of spending on upgrades, make sure your home is clean and cared for because new buyers will anyway upgrade the house as per their own tastes.
3. Do not Overprice your home
An experienced real estate agent will usually suggest a listing price that is based on the current value of your home, the comparable sales figures nearby, and historical data about your house and neighborhood. So, instead of inflating the price of your home based on a subjective assessment or an emotional attachment, be realistic and quote a price that is fair and reasonable.
If you overprice your property, you will simply be chasing the market downward and you will probably end up selling your home for far less than what you would have sold it at, had you priced it at market value. Thus, be conscious about market listings.
4. Do not be Present During Showings
Whether you’re apprehensive or simply nosy, do not be present during showings because potential buyers might not like to see you lingering in their future home. If have a showing that is scheduled, make sure that you leave the house five minutes before the buyers arrive.
If you stay on in the home, it makes the buyer really uncomfortable to speak their mind and share what they really think about the home. If you want to make the buyer feel comfortable, then give him the space that is needed before he can make an honest decision.
Do not leave behind clutter all around – it will simply show your house in a bad light. Do not leave behind too many personal photographs as that might distract the potential buyer from looking at the house objectively; rather he will spend more time looking at your photos.
5. Do not forget to document the details of your sale
Do not delete any sale-related emails from your realtor, your buyer’s realtor, your potential buyers or anyone dealing with the home loan. You want to document the entire process before finalizing on a deal and in the event of a property-related dispute, these emails will prove very valuable. Thus, make sure that you have all necessary physical and electronic documentary proof handy.
If you keep these things in mind, then you will easily sail through the home-selling process and not have to worry about a thing. It will be very convenient and you will have a hassle-free experience.