Selling a house can be time-consuming and stressful, especially when you’re trying to sell fast and have other things to take care of. Just think about all the steps involved in selling your home: preparing it and listing it, making repairs or remodeling, doing house showings, finding the perfect buyer, negotiating, and going through the closing process.
As a consequence of the extensive process and stress, it’s easy to make mistakes. Here are some common mistakes you can make when selling your home and that you can avoid:
Go crazy with repairs and remodeling
It’s okay if you decide to make repairs, especially the essential ones like fixing leaky faucets or changing faulty doors knobs. But, don’t go crazy with remodeling.
Renovations can be expensive; many homeowners make the mistake of investing a lot on remodeling with the hope of increasing their home’s value. However, most of the time, you rarely get back what you spent on remodeling the house when selling. Also, consider that a lot of buyers will prefer to modify the house on their own, and personalize it according to their needs and taste.
Not preparing your home before listing it
Preparing your home doesn’t mean making changes all over the place. It’s enough to clean and declutter the spaces. According to realtor.com, staged homes sell 88% faster.
Not doing enough showings
Although you will be listing your home online, anyone interested in buying will want to visit the house personally. The more time you dedicate to showings, the better, and the more chances you get to find the perfect buyer.
Overpricing or underpricing your home
You want to set a price that is attractive enough for buyers, and that gives you room to negotiate too. Compare prices, calculate the cost of selling as well, and don’t underestimate selling costs. Check the market, and get an appraisal done. If you decide to get help from a realtor, most of them require appraisals anyway.
Not considering several selling options
You can choose whether to hire a real estate agent or not, but be conscious that selling on your own might take much more time. On the other hand though, real estate agents get a commission from the sale, so weigh your options to see what works best for you.
Also, look into selling your home to a home buyer. Homebuyers generally value your home below the market; however, when you want to sell fast, time also means money. And after all the expenses like repairs, closing costs, taxes, and more, you might end up getting less money than what the homebuyer offers.
For more information and to get an offer, get in contact with KC Property Connection. With us, you won’t worry about anything, and in a few days, your house can be sold.