Whether you are already struggling to sell your home, or you have not yet put your property on the market, it can be a good idea to pre-empt where you may go wrong when it comes to both presenting and promoting your house.
As any realtor will tell you, there are tried and tested ways to ensure you can sell your home fast and for a good price. However, on the flip side, there are also several common mistakes that home sellers make that can result in your home languishing on the property market for many months, and even years, to come.
From not using a realtor to not understanding local pricing to be a helicopter seller, keep reading to discover the top five mistakes you must avoid when selling your home.
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Do It Yourself Selling
You may be tempted to forgo realtor fees and go solo in the quest to sell your home, but this is a false economy for many reasons. Firstly, you are not a realtor, and therefore, you are not qualified or experienced in selling properties.
Secondly, and perhaps even more importantly, you are highly likely to struggle to remain impartial when it comes to selling your own home.
Furthermore, by enlisting the services of real estate agents in Orangeville, you will have access to unlimited and unrivaled local knowledge. Something that is crucial if you want to get the best possible price for your property.
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Incorrect Pricing
As mentioned above, it can be very difficult to keep your emotions out of the equation when selling your property, especially if it is a family home or you lived there for many years. This can lead to sellers pricing their properties far too high, resulting in your home fails to sell or even get any viewings.
Focus on pricing your property realistically and based on current market conditions for optimal results.
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Being a Helicopter Seller
Much like being a helicopter parent, a helicopter seller is someone who is too present during viewings. Being overbearing and overenthusiastic can make potential buyers feel uncomfortable and as though they are intruding on your home, both of which are not beneficial to the viewing process.
Instead, take a step back and quietly guide prospective buyers around your property, leaving them sufficient time, in the end, to look around on their own.
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Overspending on Renovations
If you are thinking about completely renovating your home to command a higher asking price, you may need to think again. Most properties have a limit on how much they will go for, regardless of how much you spend improving them.
That being said, there are smaller upgrades that can help you sell your home faster and for a higher price. These include replacing kitchen worktops, applying a fresh coat of paint, and landscaping the garden.
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Not promoting your property
Whether you choose to hire a realtor or market your property yourself, you want to make sure that you promote your property on as many channels as possible. Putting a listing of your property in the local newspaper is simply not sufficient anymore.
Use all major property portals and social media platforms, as well as word of mouth.
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