• 7 Home Selling Mistakes

  • top 7 home selling mistakes

    Selling A home In Orlando is what we do best. In order to better serve homeowners getting ready to sell their home we’ve created this article which explains in detail some common mistakes that you should avoid.

     1- Set a listing price without proper research. 

    Enlist the help of an experienced Orlando real estate agent to help you with this part. Your agent can provide you with a comparative market analysis. DO NOT rely on a website like Zillow to give you an accurate valuation of your house.

    2- Listing the house too high.

    Over pricing your home from the start can cause you home to sit on the market for a lot longer then it needs to. You also run the risk of losing potential buyers who don’t even look at your house because at your home because it’s just a bit over their budget.

    Don’t listen to Realtors that use a strategy of going high on the price and gradually lower it. This could end up costing you thousands in the long run.

    3- Use an odd listing price

    Home search tools give potential home buyers research ranges such as “homes between $150,000-$200,000”. If you were to list your home for an odd number like $202,457 you’d miss out on that entire pool of potential buyers.

    4- Overpricing because you have all the time in the world

    If you price your home at a ridiculous amount of money thinking eventually someone will come along and bite, you’re wrong. Your home has the best chance at getting under contract within the first few weeks of hitting the market. If you’re not ready to sell, then don’t list it.

    5- Letting your emotions get involved

    Don’t get offended if someone makes an offer on your home that’s way too low. Instead of getting upset, consider it a starting point for negotiating a potential deal.  At the end of the day, this is just a business transaction and everyone is just trying to get the best deal possible.

    6- Expect that your home will sell itself

    Even if it’s a hot market for sellers, you have to make sure your house looks the best it can. De-cluttering and cleaning are 2 good ways to start. Homes that are tastefully staged and effectively marketed sell much faster and for more money than homes that aren’t. Your Orlando realtor should be able to provide you with some tips on how to make your home look it’s best according to your budget.

    7- Selling without A Realtor

    A survey taken by the NAR [National Association of Realtors], homes that are sold “for sale by owner” not only sell for tens of thousands less than homes that are listed with a real estate agent, they also take much longer to sell.

     

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