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top 10 mistakes sellers make
Thinking of selling your home? The following are the Top 10 mistakes sellers make when listing their homes:
- Pricing your home too high. Compare with other sales in your area for a true price.
- Taking an inflexible position on financing. Have your agent explain what financing options are available.
- Errors in marketing time. Ask your real estate professional if the market cycle is poised to net you the most money.
- Not providing easy access for showings. If your home is easy for agents to show, more prospective buyers will see it.
- Not staging your property correctly. Put some items in storage, create more light, improve the "ambience" of your home so people can get a feel and a vision of what it will be like when they move in.
- Pricing your property too low. One reason for hiring a real estate professional is to make sure there is not money left on the table.
- Not re-evaluating the market plan. You and your Realtor may need to make intuitive changes based on the current market and buyers and your particular situation.
- Believing your agent is NOT doing the job when there aren't any offers. If you don't have a problem showing the home, but it hasn't generated any interested buyers, it may be time to re-evaluate the price. Don't blame your agent, especially if you directed your agent on price.
- Not making the right kind of repairs. Ask your real estate professional to suggest low cost solutions to minor repairs that will yield the best profits.
- Not giving the sales effort enough time. You should never give too little time to what is inherently a long process.
Browse the Article Library
- Donna has put together a collection of articles designed with her clients in mind. Here you will find information on everything you might need before, during and after the home buying or selling process.
- Some of the more popular titles include information on doing a 1031 exchange to save on taxes, ways to fix up your home that will protect your investment, and the Top 10 Mistakes that Sellers Make. Have fun browsing!
- Should you have an idea for an article, or would like to recommend an article for inclusion that you have seen elsewhere, please contact Donna.
About Donna Baker
- Director of Heritage Homes, Dickson Podley Realtors
- Serving Monrovia, Duarte, Sierra Madre, Arcadia, Pasadena, and the entire San Gabriel Valley
- Representing Sellers and Buyers of all types of real estate with a specialty in vintage and character homes, as well as residential income properties.
- Watch a video about Donna