7 Costly Mistakes to Avoid When Selling Your Home
2020/12/01

"When the time comes to sell your home, everyone has advice to give you. Before too long, you can easily feel overwhelmed and lost in the process. "

When the time comes to sell your home, everyone has advice to give you. Before too long, you can easily feel overwhelmed and lost in the process. It is important to take a detached approach when selling your home to get the best results. We know this process can be taxing, both emotionally and physically, but we've got some tips to help you through it. Here are 7 costly mistakes to avoid when selling your home:

1. Choosing the wrong real estate agent. The number one mistake people make is trying to sell their home without a real estate agent or picking the wrong one. Instead of choosing your second cousin who is an estate agent on the side, pick an agent who has the experience and knowledge it takes to sell your home.

2. Neglecting your kerb appeal. Most people understand the importance of prepping the inside of your home. However, if you neglect the outside, you run the risk of driving away potential buyers before they even step foot inside! Spend the extra time and money to paint your house and pull the weeds. It is worth your while.

3. Keeping your home your home. We understand that your cute puppy and your charming triplets are part of what makes the house your home, but when potential buyers come through the home, they want to picture their own family. Have the kids take the dog for a walk. After all, you never know when someone is terrified of animals. You'd hate for a buyer to not make an offer because they can't stay long enough to fall in love with your home. Also, make sure to keep the home looking and smelling clean and neutral.

4. Keeping personalised colours. While you might like neon green as your bedroom wall colour, it can be a turn-off to potential buyers. Painting your walls in neutral tones can help push a sale forward. If you keep your personal tastes throughout the house, it can be more difficult for buyers to envision themselves there and may remind them that work needs to be done on the house. Painting the home in a soft, neutral colour palette is a cost-effective way to secure a sale.

5. Not changing old carpets. A carpet that is stained and worn out is enough to make someone turn around and say 'nope'. It can trap offensive odours and make the home seem unlivable. New flooring is a cost-effective change that can have a huge impact.

6. Pricing your home too high. We know this is your home. You have attachments to it and it's worth way more to you than anyone else. Unfortunately, pricing your home too high usually results in cutting the price down multiple times and, in the end, gets you less money. Price it realistically from the get-go. Your agent will help you set the right price.

7. Not having a game plan. What if your home sells faster than the registration goes through on your new home, or you haven't found the home you want to buy yet? Do you have a place to stay? Make sure you have backup plans in case problems should arise.

Selling your home can easily become overwhelming. That's why choosing the right estate agent is imperative to this process.

With the right approach and guidance, your home can be sold in no time!

Realty King IPG

RTS