4 Mistakes To Avoid When You're Selling Your Home

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If you're like most home sellers, you most likely want to sell your house for the best price possible so you can maximize your profit But doing this requires some effort and planning. Unprepared sellers can find the process frustrating and stressful. Avoid the following mistakes if you will be selling your home soon.

Neglecting Repairs

As a home seller, one of the best things you can do before you list your house is have a home inspection done. This will let you know exactly what needs to be fixed, and then you can decide which repairs to do. The last thing you want is to accept an offer on your house only to learn that it needs a new roof or expensive electrical repairs; at that point you risk the buyer walking away, or you may be forced to drastically reduce your listing price.

For Sale By Owner

Some sellers consider selling their home themselves so they can save money on the commission paid to a real estate agent. but this can be a big mistake because most home owners don't understand the local real estate market or how to market a home and attract potential buyers. When you're motivated to sell your house for a good price in a timely manner, it is in your best interest to work with an experienced real estate agent.

Setting the Price Too High

You have probably put a lot of time and money into your house, but that doesn't mean that you should set the listing price for what you think it is worth. Sellers often make the mistake of setting the initial listing price too high, which then usually leads to several price reductions. In the long run, setting the price too high can result in your home sitting on the market for a long time and you may end up selling it for less than you would have if it was appropriately priced from the beginning.

Using Bad Photos

In this day and age, many home buyers search for houses for sale online and carefully examine the photos attached to the listing. Photos that are dark, blurry, or show your home in disarray can be a big turn off, and people may decide not to view your home based on the photos alone. Make sure your real estate agent uses the best photos possible; ideally, your agent will work with a real estate photographer who understands how to photograph homes in order to highlight their best features.