A good Real Estate agent will make sure you don’t fall victim to these common seller mistakes. But just in case, make sure you understand them, too.
Mistake #1: Letting Emotions Take Over
Saying goodbye to your home can bring up a lot of feelings, but it’s important to keep your emotions in-check when selling. Investopedia contributor Amy Fontinelle suggests you “forget altogether that you’re the homeowner.” Instead, think of yourself as a salesperson and come at it from a purely financial perspective.
Mistake #2: Pricing Too High
Even in today’s extreme seller’s market, it’s important to price your house based on comparable homes that have sold in your area. Overpricing your house could prevent it from coming up in your perfect buyer’s filtered search results. If your house sits on the market for too long, or if you reduce the listing price, it will make buyers wonder what’s wrong with the property. It’s in your best interest to price fairly!
Mistake #3: Not Having Amazing Listing Photos
Almost every buyer is going to look at listing photos before they decide whether or not to do an in-person house tour. If you fail to provide stunning photos, you could miss out on potential buyers. Be sure that a professional photographer comes out to take photos of your home. Photos should be taken during the day when there is plenty of natural light. Be sure to clean and stage your house before the photographer arrives. Removing any extra clutter, goes a long way.
Mistake #4: Not Being Insured
Most sellers don’t think about what would happen if a viewer tripped and twisted their ankle while walking through your house. Without the proper insurance, they could sue you for damages! So make sure you’re insured. “You may also want to make sure there are no obvious hazards on the property or that you take steps to mitigate them,” writes Fontinelle. So maybe get your rambunctious Saint Bernard out of the house before a walkthrough.