Mistakes to Avoid When Selling Your Home (2)

  1. Not Taking Advantage of Market Fluctuations - The Big Picture... Moving up in a market downturn? If your $150,000 home has dropped 10% in value, so has your $300,000 dream home. Yes, you lose $15,000 on your current home, but you save $30,000 on your next purchase! Always keep in mind the big picture.
  2. Using "Hard Sell" During Showings - No one likes being pressured. As well, buyers might wonder why you are so anxious to sell. Let your home speak for itself.
  3. Mistaking "Lookers" for "Buyers" - Many people who look at homes for sale may just be getting a feel for the market, seeing how others "showcase" their homes, or even just looking for decorating ideas. Your Realtor® deals with these situations on a full-time basis and has the experience needed to separate the "Lookers" from the actual "Buyers".
  4. Relying Too Heavily on Advice From the Buyer's Realtor® - The interests of buyers and sellers are often opposing. In an agency relationship it is very difficult for one Realtor® to look out for the interests of both the buyer and the seller. You want to make sure you are familiar with Real Estate relationships and the difference between being a client or a customer before accepting advice from an agent or entering into any formal relationship with an agent.
  5. Limiting the Marketing and Exposure of Your Property - Part of what a good Realtor® does is to ensure that your property is showcased and marketed in the best and most productive manner possible. Not allowing a "For Sale" sign on the front yard, or limiting viewing times can dramatically reduce the number of prospective purchasers seeing your home and have a serious impact on your bottom line.

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