1. Pricing too high for the market
Pricing is a very important decision when listing your home. It is a decision that will have the largest impact on the sale of your property. One of the biggest mistakes sellers tend to make is overpricing their house. This can lead to more days on the market and will most likely have a negative effect on your final sale price. The longer a property sits on the market, the less urgency buyers will feel which will likely cause less of a chance for multiple offers.
2. Neglecting necessary repairs
If you don’t take care of repairs before your house goes up for sale, you will lose money. It will always cost you less repairing out of pocket ahead of time than having potential buyers see your house in disrepair.
3. Being present for showings and open houses
It is never a good idea to be present during a showing or open house. This can create an awkward situation for potential buyers. By lingering, buyers may feel that they’re intruding in your home which can make it difficult for them to imagine living there themselves. They will most likely feel rushed by your presence and probably won’t take any extra time to thoroughly walk through the home at their own pace.
4. Not working with an experienced professional
Working with an experienced real estate agent can make all the difference in the world when selling your home. We can provide you with support, advice and resources to help you avoid any pitfalls that may arise during the selling process. From start to finish, a great agent can alleviate stress, time and the work that is necessary to get your property sold.
5. Don’t skip the marketing
Having one photo with a For Sale sign propped up in front of your house is not enough to market your property. A great way to guarantee a perfect sale is to use all marketing tools that are available to you. Social media, 30 photos of your property, neighbourhood postcards and open houses. The more people who see your home, the better your chances are for selling it.