I have been a realtor for almost 20 years. After transferring many times with my own family, I am personally familiar with the moving process. I have been involved with remodeling, building, and staging homes. The best part about my job is that I love that I get the opportunity to find the perfect home that excites my clients!

Wednesday, September 26, 2012

5 mistakes homesellers should avoid


AOL Real Estate published an article 5 Mistakes Homesellers Should Avoid.  Check it out for a more detailed verstion, but here is the break down:

1.  Not taking your first buyer seriously.
90% of the time, your first buyer is the best buyer!  Most of the time the buyer with the first offer is highly motivated and even if the offer is lower than you want, NEGOTIATE!  Lots of times, if you wait for that better offer, you're home sits on the market and after 3 months you'll likely, get 5% less than that original offer!

2.  Offering buyers credits for work you'd rather not do.
People like move in ready, so instead of making the buyer do the work, skip the "credit" part and get the job done yourself!!  You're home is likely to sell faster and you will most likely get your money back and then some!!!

3.  Making highly personal changes to your home.
Don't assume just because you want something in your house, the buyer would too!  Think carefully before any home project right before selling.  If you are going to paint, go with a neutral.

4.  Overpricing.
It doesn't take long for people to figure out your house is overpriced since they can compare it to comps in your neighborhood.  If you price it right from the beginning, chances are you will sell it for a higher price than if you have to reduce the price.  You'll also sell it faster and then avoid all the carrying costs (i.e. more mortgage payments, property taxes, etc).

5.  Making your home difficult to show.
Always try to have your home ready to show within 24 hours.  Try to make it easy for people to come and see your house.  It gives the impression that your are motivated and serious about selling!

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