Selling your home can be tough. You’re emotionally attached to your property but at the same time, it’s important to give yourself a shot at garnering the best sales value possible.
There are, however, some common mistakes that you can make that will make the selling/buying process more troublesome than it needs to be. By making sure you avoid these, you’ll ensure that you get the best value possible from your sale.
1) Ignoring agent advice
One of the biggest mistake sellers can make is to not listen to their agent’s advice, but instead listen to their family or friends which eventually leads to them to lose money. Although it might be difficult to accept bad news from an agent, or advice that’s contrary to your own thoughts, it’s important that you listen to them.
Above all else, they’re experienced professionals who know what they’re doing. By not paying attention to their advice, you run the risk of their property being neglected in the market.
2) Listing at an unrealistic price – high or low
The first couple of weeks of a sales campaign are the most important, because that’s when most serious buyers will show interest in the property. As soon as your property hits the market, they’ll be the ones keen to swoop in and make offers.
By not putting a correct price on your property, you’re ruling out a significant chunk of the market who might otherwise be interested. This also goes for undervaluing your property – if potential buyers see your home on the market for much lower than the going rate, they might assume that there’s something wrong with it that’s led to you listing at such a low price.
3) Using poor quality photos
Using poor quality photos is another mistake that sellers can make. Unless they’re seeing your property by driving past the door, photos are the first port-of-call potential buyers will have when searching for properties online.
If you’re using old, low-quality or outdated photos, you won’t be casting your property in the best light and subsequently won’t receive the level of interest that you should.
4) Neglecting the marketing process
You can have the best property in the world, but if nobody knows about it, you’re not going to attract any offers. This is a key mistake that sellers make time and time again. Invest time in your marketing process by getting your property on listing sites, as well as any print media that might be available in your neighbourhood.
By speaking with your real estate agent, you’ll be able to develop a comprehensive marketing strategy guaranteed to get your property noticed.
The information and links provided on this website are for general information only and should not be taken as constituting professional advice. This information does not take into account the financial situation or particular needs of individual readers. Before making any decisions about matters discussed on this website, you should consider whether it is suitable for you in light of your own circumstances, and seek appropriate advice.