Top 7 Common Property Listing Mistakes that Home Owners Make

Given the complexities attached to the seller’s market in the US, chances are you might be doing one or the other thing wrong when listing a home for sale.

Most Common Property Listing Mistakes People Make During their Real Estate Deals:

1. Hiring Your Real Estate Agent Unwisely

A real estate agent is your partner in selling your home. You have precisely hired an agent to assist you technically as well as legally and to make things smooth for you. Therefore, you find real estate agents should have a complete insight into the market and must be socially sound. They should give good counsel in determining the price of an apartment without compromising your benefit.

A person who knows the market is likely to advertise for your home to give it maximum exposure to the market to draw in the maximum amount of potential buyers. The mistake homeowners do is to contract the cheapest available agent. A decision based on the myth that all agents are the same. Find a minute to read major myths that are debunked about real estate agents.

Instead of saving a few hundred dollars, chances are you will be cut loose of higher money in the deal because of the poor profile of the agent. So, hire the most competitive agent for our home selling.

Read Also: Common Mistakes Owners Make When Selling House in New York

NY Rent Own Sell has a team of professional agents who have loads of experience and are equipped with technicalities to give their clients the best experience in the market.

2. Putting in the Wrong Price Tag

The fact is, you cannot fix the capitalist inside you. Anyone would want their home to touch the record bidding of the surrounding. And most of the time, this instinct becomes a liability when you set to sell your house. It is said that the biggest blunder a seller can do when listing their home is not pricing it correctly.

The reason to learn here is that a home is worth what a qualified buyer is willing to pay regardless of what you expect and how much you have spent in the first place.

Your agent is likely to do a market survey that takes look at what similar units your area has listed for. In addition to it, the price they fetched from a buyer and how long it took to sell the apartment. Pricing too low also goes against your favor as first, you are compromising on what you deserve and second, a buyer might think of a potential problem in the house.

While asking too much may turn away potential buyers and might take longer for you to find a buyer.

One more reason people tag high prices on their homes is to leave a space for negotiation but it is quite an obsolete concept now. The fact is, if you place a price tag justly, you are likely to attract more buyers and in the bidding process will receive better offers than what you even expected.

3. Didn’t Bother About a Beforehand Look-Over

Another mistake you might be doing is to ignore the pre-sale inspection.

The pre-sale inspection will give sellers every detail. You can discuss the outlook of your home with your agent to instruct you where repairs are needed. Well maintained home is your best bet to sell a home.

If you dare not be convinced at doing the repair, at least get quotes of supposedly working to help you in the negotiation.

4. Didn’t Step in the Shoes of a Buyer

Besides repairing, you need to go the extra mile which many just decide otherwise.

Here’s What You Should be Taking on at a Minimum:

DE Clutter: You need to dispose of extra stuff and clean the house.

De-Personalize: Take paintings, family photos, kid’s drawings off the wall.

Repaint with Neutral Colors: The best thing you can do is to repaint your home with neutral colors by hiring a professional painting company in Indianapolis. It gives the buyer a chance to use imagination and paint it with their favorites.

5. Opting for Poor Photos for the Online Exhibition

Almost 80% of home buyers use the internet in their search for a new home. Photos on the internet are your first appeal to the buyers. So you shall invest your energy and work in detail in doing this task.

6. Didn’t Leave During Showings

This is one unnoticed mistake sellers make. Sticking around when your agent is showcasing your house may make your buyer uncomfortable. They like to imagine themselves in the house and your presence just goes against that.

So, instead of closing yourself in the office or bedroom, get your kids and go for a short walk in the nearby park or hop out to a coffee shop.

7. Overlooked the Buyer or the Buyer’s Lender

Lenders have their particular criteria and set of principles to give a property a go-ahead for financing. So, it is recommended that a buyer use a lender that has a local background. This is particularly important as a local lender will be more familiar with the details of insurance and loan qualifications in the prescribed neighborhood.

NY Rent Own Sell Is Your Place To Go

These are but a few of the potential mistakes people may make during their stint as sellers. The truth is, real estate is as technical as any other sector could be. Saving the same money against real estate agents may jeopardize your chances of coming out with the best deal in your favor.

At NY Rent Own Sell you will find highly trained staff with deep insight into the market who can do wonders for you. So, you shall go with them without giving it a second thought.