Avoiding The Most Common Home Selling Blunders
There are a large number of houses available for sale
. Some are lucky to have been acquired shortly after the For Sale sign was put up while others are not. What makes a home seller win or lose in this real estate game? What makes a house marketable than the others? Basically, all those can be pinpointed to bad decisions home sellers usually make along the process. If you want to be good in home selling, you must learn through the blunders and ultimately avoid them. Here are the common deal mistakes home sellers make:
1. Bad pricing. Setting your price is a very important step when selling your house. It must be done the right way. Otherwise, you can only dream about being able to actually selling your house or putting a good value on it. It takes careful research on the market and realistic, objective point of view to be able to learn the ropes of proper pricing.
2. Finding the wrong broker. Getting a real estate agent to help you market your property can make or break the sale. Your agent can do so much if he is: one, competent enough and two, if he is deeply involved with the real estate market. Without those two characteristics, getting a real estate agent may only become a pain in the neck.
3. Bad timing. There is a proper time for every thing and selling your home is no exception. The real estate market is like a roller coaster. It has its ups and downs, highs and lows. Make sure that you understand what such trends and market conditions can do to your plan of selling your home before choosing the time to actually announce the sale.
4. Wrong marketing strategy. In this time and day of ours, it is almost shameful to fail in marketing. Why, there is a very cheap but highly effective way of reaching through your market and actually communicating with them. The Internet, that is. Via the Internet, which is the common first stop for homebuyers, you can post property details and most especially, photos, to allow your prospects the important look through your house on sale. It must be clear, however, that merely posting on the Internet is not enough. You must put this cheap and always available medium to good use. If you are posting photos, they must be truly attractive for people to even waste some time to take a glimpse.
5. Advertising in a misleading manner. In this case, all that you can get is a disappointed buyer who will probably curse you for wasting his time and effort. When you advertise, make sure that you represent your property well and you are honest with your description. Retouching listing photos and downright lying to your prospective clients will not help a bit.
6. Being afraid to offer generous incentives. Putting on incentives and bonuses to make the selling price look affordable is a good come on for buyers and brokers alike. Do not hesitate to offer incentives. Studies show that waiting for a long time to sell your house definitely costs more.
7. Failing to fix up and dress up. Investing on home improvements and modifications that will add up a comfy, homey appeal to your property is important not only in increasing the value of your house but also in speeding up the selling process.
8. Being out of reach. Being nowhere to find when there is a buyer who wants to see your house or ask about some details is a big blunder. Once you make the decision of selling your home, make sure that you will have the time towards the end of the selling process to tend to your clients.
by: Beverly Manago
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