Are You Committing These Home Selling Mistakes?
Posted by Garman Group on
When selling your home there are a few things you need to do in order to ensure you help your sale go smoothly. Here are a few “sins” most people commit when selling their home that they may not even be aware of:
Not Doing Any Necessary Repairs
We understand. You’re selling your home. Why would you want to put money into it just so you can move away? Well, most homebuyers aren’t looking to move into fixer-uppers. Investing a little bit of time and money into easy fixes like replacing loose fence posts, touching up the interior and exterior paint jobs, and keeping up on your yard maintenance will do SO much to draw in your buyers and receive your desired selling price.
Consider the more expensive repairs too. Replacing the roof or flooring that needed to be restored a decade ago can work in your favour. You'll often get above asking price for a home that needs no major work. But that cuts both ways. You'll notice a significant drop in price for a home that's in serious need of repairs.
Selling At The Wrong Time
You may not have a choice when it comes to a moving date, so postponing may not be an option. But if it is, wait until the market in your neighbourhood is hot. Consider renting out your home in the meantime and wait to sell if it’s possible. Your MLS REALTOR® can give you more information on market timing in your area.
Mis-pricing Your Home
You may think it’s a good idea to value your home higher than its worth because, hey, someone may actually pay that amount. But this can backfire. Other REALTORS® and people in the know will know what your home's true worth is and you'll have to deal with low-ballers. Eventually, you may have to lower your selling price, or re-list your home.
On the other hand, selling your home at a loss simply because you want a quick sale isn’t a good idea either. You WILL likely get what your home is actually worth from the right buyer.
Neglecting Your Curb Appeal
Hopefully, you already saw our previous blog post on boosting the curb appeal of your home”. Now you know how important curb appeal is to selling your home. It’s what gets people in your door to look at your home in the first place.
We’ve already talked about doing necessary repairs and how important they are to the eventual sale of your home. Boosting general appeal is just as important though.
Not Staging Your Home
Something else we have talked about in the past is the importance of staging your home and how to stage your home. Prospective buyers want to see themselves in your home, not a lot of evidence of you and your family. Keeping all the rooms tidy with good flow between them gives off a great impression.
Skipping The Professional
You may think you can get away with selling your home yourself but selling with an MLS REALTOR® will save you time and stress in the long run. Your REALTOR® is knowledgeable about the market and can assist you with all of the above and more!
When you sell a home with the Garman Group, we offer our years of expertise specializing in Victoria real estate. We also provide complementary services such as interior and exterior home-staging and a customized marketing package tailored to your home. Contact us today for more information and to get your home sale process started.