Wednesday, August 5, 2015

Common Seller Mistakes


Listing Your House too High
When you ask too much money for your house you are more likely to sell it for less than market value.  Most buyers ask their Realtor to comp a house prior to writing an offer. When you have to keep reducing the house price to get offers it is called chasing the market. This invites buyers to offer you less than the listed price.  Even if you receive an offer for the original price, the house must appraise for that value and if it does not, either you reduce the sales price or in most cases the buyer walks.

Not Making Repairs
What you can see in your house, everyone who looks at our house will also see.  If you don’t make some of the noticeable repairs it is likely that a buyer will offer a lower price and ask for money back for the work that needs to be done.  By making the repairs before you list the house you will add desire, and the higher the desire the higher the offers.

De-clutter Before Listing Your House
When a buyer walks through your home you want them to visualize themselves living in the property.  By leaving too much clutter it takes away space. In most cases less space will remove a buyer’s ability to see their furniture and belongings in the house.

Negotiating an Offer with Emotions

Negotiating offers should be conducted in a businesslike manner.  When you get too personal it could not allow you to see a solution and a deal that could be made might fall apart.



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