Home Selling Mistakes
Putting your property on the market is a BIG step. After all, it likely represents the bulk of your net worth. You want to get the most out of it, and you want to sell it with as little hassle as possible and move on with your life. An experienced and aggressive real estate agent can be your guide to help you achieve these goals. There are many mistakes that homeowners make when selling their home, and here`s a rundown of the biggest offenders:
- Pricing the home too high or too low is perhaps the biggest mistake that homeowners make when selling their homes. There is an art to pricing your home, and most homeowners don`t have the experience that is needed to accurately price the home to attract the most potential buyers. Hanging the wrong price tag out can be a huge obstacle to overcome. Price it too high - buyers won`t look at the home. Price it too low - you lose money. The price of your home should be based on comparable homes in the area, but there are many other factors that must be taken into consideration including the home`s condition, location, and the movement of the housing market.
- Marketing the home ineffectively. Most homeowners don`t have the marketing know-how to market their own homes. Hanging a `for sale by owner` sign in the front yard and taking out an ad in your local paper is not enough. And it's not safe. Good, professional agents have access to the multiple listings database or MLS, where they can list your property along with photos, virtual tours and more, all of which have been shown to attract more potential buyers. Your licensed real estate professional is also trained in showing homes to buyers.
- Poor choice of a real estate professional. If your agent does nothing but simply puts a sign up and creates a listing on MLS, then it might be time to re-evaluate your choice of who you hired to market your property.
We are standing by to help you through every step of the process. We are ready to present you a marketing plan that you would show our affords of listing your property. Call us at 917.584.7685 us now to discuss your property's resale potential.