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*For everyone’s safety we take phone appointments as well as in-person appointments*
House prices in the US increased by 14.8% between May 2021 and May 2022.
You may be interested in selling your home, but it’s not as simple a process as you might think. There are various mistakes that people make when selling homes which can make the process far more difficult. Knowing what the key mistakes are will help you avoid them so you can sell your home quickly and easily.
For a rundown of 7 common house seller mistakes and how to avoid them, keep reading.
You might think that you can just sell your home whenever you’re ready, but there’s often a lot that goes into preparing houses for sale. As such, you’re likely to face some costs ahead of selling your home.
Going with an agent can make things easier, but you’ll need to pay them a commission when your home sells—this is for both your listing agent as well as the buyer’s agent. This can easily be thousands of dollars, so be prepared.
You will need to pay a portion of the closing costs. This includes things like title transfer fees, sales tax, and attorney fees.
Home staging can make it significantly easier to sell a home, but it can take a fair bit of work depending on the current state of your home. You should expect to spend between $1,000 and $2,000 on this.
It can be a good idea to have a home inspection before you put it up for sale. This will help highlight any major issues, and if you want to fix them you could be looking at some serious costs. You can choose not to make the repairs, but then you should expect a lower price for your home.
Buyers are likely to try to negotiate. Alternatively, they might offer the asking price if you’re willing to provide seller concessions. This could be something like paying their closing costs or including items like a washer and dryer with the home.
Wherever you’re moving to, you don’t want to go over your budget. If you’re going for a mortgage, you’ll have various options. Ensure it’s within your means while trying to get the best deal you can.
You’ll likely need to hire movers to get all your belongings from your old home to your new one. The cost of this can vary depending on how far you’re moving, how much you have, and the company you go with.
Pricing a home isn’t easy—you want to get as much for it as possible, but setting the price too high will make it difficult to sell. You should assess other similar properties in your area to see what they’re selling for. This will help you determine a fair house price.
If you find any major issues before moving, you shouldn’t try to hide them. When listing your property, you need to fill out a seller’s disclosure form. This will contain details of any known problems that could impact the value of the home.
Most buyers will also have inspections carried out too, so they’re likely to find any large issues. This could cause delays and may even result in the buyer backing out.
Staging a home may seem like an unnecessary cost, but it’s almost always worth it. A staged home is significantly easier to sell than an unstaged one. Any good real estate agent will maintain this as a part of their house-selling strategy.
It’s worth noting that the cost is almost always covered by the sale. Staging costs about $1,766 on average, but it can bump the value of your home up by over $10,000 – and you’ll usually be able to sell it much faster.
This may seem obvious, but a lot of people make this mistake. Clutter around your home can have a huge impact on buyers’ opinions.
When they’re viewing your home, you want people to be able to visualize themselves living there. If you have your own belongings all over the place, it will make them feel more like they’re in someone else’s home.
It’s also with noting that when people see an untidy home, it may make them think that it’s not well looked after. This will always decrease the chances of people making an offer.
The time of year can affect how easy it is to sell a home, and winter is typically the most difficult period. People generally don’t want to be viewing homes when it’s cold and gray, so there are fewer potential buyers. Most people are also busy with other engagements in the winter, so won’t even have the time for house viewings.
This isn’t as much of a factor when it comes to selling houses for cash as it is. With a cash house buyers company like First Choice Home Buyers, you can get a fair cash offer on your house at any time of the year. This makes it an ideal choice if you need to sell your home in the winter.
When looking for a new home, most people start their search online. With an online listing, you want to make sure your home looks good, otherwise, no one will want to arrange a viewing. A key part of this is ensuring you have good photos.
It’s good to have a professional photographer who has experience with real estate take your pictures. You also want to make sure you take care of any repair work and staging first so your home is in a good state.
These common house seller mistakes are easy to make, so you want to make sure you do what you can to avoid them. Selling a home can be an arduous task, but you can make things much easier by going with First Choice Home Buyers. We just need a few details and we’ll quickly provide a cash offer for your home.
Head over to our information page to find out more about how our process works.
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