Selling your home can be difficult, but it doesn’t have to be.
There’s a lot to do before it goes on the market. There are questions to be asked, emotions to detach and many things to be aware of simply because you are selling. It can be overwhelming and daunting to say the least.
Don’t make the selling process harder than it needs to be. Start your home-selling process with your best foot forward and avoid making these 5 mistakes:
1. Don’t FSBO (For Sale By Owner) when selling your home
In 10 reasons why for-sale-by-owners fail, data from a National Association of Realtors survey on FSBOs is shared. It shows that less than 10 percent of all home sales are FSBOs. Less than 10 percent! You may feel you have the skills necessary to sell your home. You may want to avoid paying agent commission fees. But when only 8 percent of all home sales are FSBOs, it proves that going it alone is a mistake.
2. Don’t skip properly preparing your home for sale
If your home isn’t properly prepared or staged, it’ll be tough to sell.
- Remove hard-to-clean odors when selling your home. If your home smells like smoke or you own a pet(s), invest in professional cleaning services.
- Declutter your home. When selling your home, it should always be show-ready. Remove photos and knick-knacks. Clear countertops and downsize the contents in your closets. Yes, even the toaster should be put away.
- Thoroughly clean kitchens, bathrooms, etc. from floor to ceiling. Don’t forget the tops of doors, door panels and baseboards, light fixtures and fans. Read here for 15-minute and intense clean up ideas for every room in your house.
- Boost your home’s curb appeal. If your home doesn’t look good on the outside, it will be hard to get potential buyers to come inside.
- Make improvements to your home, but don’t go overboard. Don’t think a home improvement expense is going to add dollar-for-dollar value to the home. A home maintenance expense adding a dollar value of any size to a home at all isn’t a for-sure thing.
3. Don’t stick around during a home tour
If you’re hesitant to hold a showing or refuse to leave as potential buyers tour your home, your chances for buyers making offers on it greatly diminishes. Potential buyers want to imagine themselves living there. Just looking at photos or trying to get a feel for the home with you lurking in the background will minimize the number of offers given, if you even receive any.
4. Don’t share too much on social media
Venting about the home-selling process and sharing incorrect listing information on social media is a big mistake. Keep things to yourself or between you and your real estate agent.
5. Don’t overprice your home
Overpricing your home and refusing to compromise is the biggest seller mistake. If you think your house is worth more than the market suggests or that a low commission will save you money, constantly turn down offers thinking a better offer will come eventually. You could end up with a home you don’t want.
Be smart about the offers that come to the table.
Don’t make selling your home tougher than it needs to be. Work with your real estate agent and avoid these seller mistakes to get your home sold. Call Charles D’Alessandro, your Brooklyn real estate agent with Fillmore Real Estate at (718) 253-9700 ext. 206 or email [email protected]. Put his 30+ years of excellent real estate experience to work for you today.