When it comes to real estate, nothing is for certain and it may feel like whether or not you get a good selling price comes down to the luck of the draw.
While a little bit of luck may play its part, there are things you can do to take control and ensure you have a positive selling experience.
You may fair best by avoiding the most common pitfalls that other sellers have made. They include:
- Not fixing basic maintenance issues
A small property issue that could cost just a few hundred dollars to fix could end up knocking thousands of dollars off of your purchase price.
When it comes to selling your home you want to appeal to the highest number of buyers possible. By not addressing even the most basic of maintenance issues you run the risk of scaring away some buyers who want a home that is move in ready.
- Not listening to the market
While you may think that you have the best house on the block, buyers may have a different opinion.
It’s not uncommon for sellers to have an inflated idea of what their home is worth and while it’s good to be house proud, it can be tricky when the market won’t meet a seller’s high price expectations.
A high asking price is very off-putting for buyers and in many cases it can turn them off a property altogether. If you want to get the best price for a home and sell it in a reasonable timeframe then it pays to set a price that meets the market.
It’s best to chat about this with your agent to come up with the best pricing strategy for your home.
- Not paying attention to presentation
Buyers want to fall in love with your home when they visit so give them a helping hand by making sure everything is in top condition.
This means cleaning and de-cluttering and possibly even adding a fresh coat of paint. It is also worthwhile to use a staging service to help you style your property to appeal to your targeted group of buyers.
Bonus tip: Listen to your agent’s advice!
You are using an agent for their experience in the property market so try to take their advice on board because they have your best intentions in mind.
By not listening when they give advice around things like price, marketing or strategy you may be hurting your sale.