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5 Common Mistakes Owners Make When Selling Their Property and How To Avoid Them

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Selling your property is an exciting moment that takes careful planning. The thrilling moment you put your house on the market can also be a mistake if you aren’t ready for the emotional, mental and physical aspect of selling your home. Once you are ready to tackle the task of selling your home make sure you avoid the five common mistakes listed below.
 

Over Customizing Your Home – It’s not a secret that upgrading and renovation usually increase your property value. However, you want to upgrade the right areas of the house. If you are planning to improve the living and dining room, you might want to think of renovating the kitchen and bathroom first. Focus on the two most important rooms in the house which is the kitchen and bathroom. Upgrade appropriately without going overboard and spending money you will never get back.
Selling Your Home on Your Own – Before you stick the “For Sale By Owner” sign in the front yard, you should do research. Selling a home takes much more than a sign in the yard and curb appeal. There are legalities, negotiations and more that a professional real estate agent is licensed handle. If you aren’t prepared you can end up losing money on a deal when battling against a professional that knows all the hidden secrets. Protect yourself by hiring a real estate agent to guide you through the process.
Hiring a Realtor Who Is a Friend – Hiring a friend that has a real estate license to sell your property can be a big mistake. Since there are personal emotions involved you can end up battling with your friend over pricing, negotiations and other important decisions. Hire a professional real estate agent to prevent personal emotions getting involved. Selling your home is a business transaction and it should be treated that way.
Over Pricing Your Home – Many sellers have a specific profit they would like to make from the sale of their home. To help you avoid pricing your home you should hire an appraiser and find out the price other homes sold for in your area.
Letting Your Emotions Take Over Negotiations – You might be an experienced and excellent negotiator. Don’t let your emotional attachment to your home get in the way. You are most likely emotionally driven and might think your house is worth more than the potential buyer is offering. Don’t let your emotions take over and ruin the sale. Focus on the appraisal price and the price range other homes sold for in your area.

Selling your home is a complex and emotional situation. You need to be emotionally prepared to let go and move forward. This is the first step you need to deal with before putting your home on the market. Your next step should be consulting with a real estate agent. They will provide you with important information such as necessary renovations, pricing and more.
 
 

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3 Actions To Make Your Home The #1 Choice For Potential Buyers

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Congratulations! You decided to sell your home. Now that the moment is right, you need to act now and prepare. This means you need to be comfortable with the idea of welcoming potential buyers into your home. There are numerous things you should do to prepare your home, but there are three specific actions you should take to make your home the #1 choice.
1.     Boost Curb Appeal – Most homeowners focus on the interior and often forget about the exterior. This is a big mistake! You need to boost the curb appeal to set your home above the rest. Consider fixing the fence, painting, replacing the front door, mowing the lawn and adding colorful flowers or greenery. Remember a potential buyer gets the first impression as they are driving to your home. They are trying to imagine if they would like to come home every day from work to your home. Make sure you boost the appeal.
2.      Update the Kitchen and Bathroom – You might not need to do a total renovation, but you most likely will need to add some updates. Common improvements include new faucets and counter tops. Remember these two rooms are often the deal breaker when it comes to purchasing a home.
3.     Organize Your Home – You want the potential buyer to see your home as inviting and spacious. This means you need to clean and organize your home. If you have too many belongings you should consider putting some of it in storage until your house sells. The goal is to create a home that potential buyers can see themselves living in and decorating.
One important task that many homeowners overlook is aromatherapy. It might sound crazy or unusual to suggest you keep your house smelling good, but it can really impact potential buyers. Imagine when you walk into any room, business, store or public area that has a strong odor. It immediately makes you feel like you want to run away and get out as fast as you can. This is the exact feeling potential homeowners can have if your home has harsh odors. Invest in room deodorizers that have a welcoming scent. The most popular scents are vanilla, berries or citrus.
Remember there are other homes for sale in your area. Usually, potential buyers enjoy viewing all options. Make your home stand out by following the three tips above. Focus on making your home clean, organized, pleasing to the eye and welcoming. Take action today!
 

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