Don't Make these 8 Mistakes when Selling your Home

If you are planning on selling your home then you need to make sure that you don’t make these 8 mistakes. If you do then you may find that you end up compromising your investment and this is the last thing you need.

Asking for Too Much

If you become fixated on a certain value that you think your home could be worth then this is a major mistake. 70% of interest for your home will come within the first 3 weeks. If the price is too high then people will think that your home is too expensive, and this will hurt your home’s perceived value. Ideally, you want to create a buzz about your home, so that you have people queuing up at the door. One way for you to do this would be for you to go through reputable estate agents. When you go through an estate agent, they can then help you to make the right decisions regarding your home, as well as helping to guide the price you should list it for.

Not Being Ready to Sell

There are a lot of reasons why now might not be the right time for you to sell your home. Think about it, how tidy is your home right now? How is it both internally and externally? Can you afford the cost of selling your home? If not then this will lead to major problems in the future. If you aren’t sure how much it is going to cost you to move then it is worth using a handy moving calculator. 

Choosing the Wrong Agent

As mentioned above, it is imperative to choose an estate agent when selling your home. That being said, the last thing you want to do is choose the wrong agent. There is nothing worse than being tied into a contract with someone and then finding out that they are not a good fit for you.  Remember it’s not all about getting the highest price, it’s about working with someone who understands what you are going for with your home and what you want to achieve.

Overdevelopment

Every home has a ceiling value. It’s better for you to have the worst house on the best street than the best house on the worst street. Be wary of overdeveloping your home and going for a value that is beyond what people are going to pay. If your home greatly exceeds that of neighboring properties then you probably won’t get a good price for it, so make sure that you keep this in mind when carrying out improvements.

Not Getting Early Offers

Every offer you make should have its merits. Just because someone is lowballing you, doesn’t mean that you should avoid their offer. It may be that they don’t have a chain or that they are willing to speed the process through as fast as possible. If you can be mindful of this or if you can cater your opinion accordingly then this will help you out a lot.

Ignoring Maintenance

Any minor DIY jobs have to be taken care of as soon as possible. If you don't then you may find that you can not make a good impression, and this is the last thing you want. Make sure that your home is in top condition so that when a buyer moves in, they don't have to worry about all of the things that they have to do. If you can be mindful of this then it will help you out a lot.

Showing Buyers Around Yourself

You probably have quite an attachment to your home and there is nothing wrong with this. That being said, you do need to make sure that you avoid showing buyers around yourself. If you do then you may find that you end up putting them off or saying things you shouldn’t. The estate agent will have years of experience when it comes to showing buyers around, so let them take care of it for you. They know when to leave things alone and when to push the ale, so don’t try and take care of things yourself here.

Not Tidying

If you want to make a sale, you have to make sure your house is tidy. If it’s not then this could have major repercussions in the future. If you want to avoid this then make sure that you tidy up before the estate agent comes round to take photos. If you don’t then you may find that you end up putting buyers off, which is the last thing you need.