Selling Your Home? Here's A Checklist Of Mistakes To Avoid

Always make sure to do your due diligence and fix the price of your property keeping in mind the market pricing and current market conditions including supply and demand

Selling a home can be an overwhelming experience. The emotions involved along with the mountain of legalities in the process can make the whole process seem very stressful. However, as a seller, there are certain mistakes you can avoid to help ease your experience.

Pricing

Always make sure to do your due diligence and fix the price of your property keeping in mind the market pricing and current market conditions including supply and demand. Seek valuations from several reputable real estate agents to get a clear idea of your property’s worth. Also, you can try to estimate the value of the properties in your locality to get a better idea of the current pricing in the market. 

Repairs And Maintenance

Always ensure that you conduct a meticulous inspection before the sale covering, electrical, and plumbing issues to identify possible problems. If you want to maintain or raise your property’s value, complete the repairs on your property as this will have an impact on the buyer’s decision. You can always opt to install small aesthetic changes to make your property more attractive for the buyer such as vibrant paints and modern lighting. 

Home Viewing

This is a crucial aspect of selling your home. You can opt for hiring a professional home stager to increase the chances of selling your house quickly and get the furniture and decor set up for the viewing process by experienced individuals. When setting up the home for a buyer’s visit, deep clean the house, declutter spaces and ensure that you show the house in ample natural and artificial lighting to increase the appeal. 

Marketing

Don’t just click photos with a phone and use those to advertise your property. Hire a professional photographer to capture the best possible photos of your home and highlight the best features of your space for the buyer. You can opt for paid social media ads to target your advertising more effectively to reach potential buyers and also give virtual tours to potential buyers to make the whole process much more smooth and fun. You can always depend on a trusted real estate agent to list your home on their websites and also spread the word via brochures and flyers at the local businesses. 

Negotiations

Don’t be rigid in negotiating. In the first place, you are trying to set a realistic price for the buyers, but at the same time, keeping an open mind in dealings with potential buyers helps establish a good relationship with the buyer and sell your home. Also, don’t be in a hurry to reject offers. There is no need to sell your home at a loss, however, if you deal with offers in a hurry, there is a possibility that you might miss out on a good deal due to your neglect. 

Legal Aspects

Consult a lawyer to ensure a smooth and legal transaction when selling any property. Seek proper legal advice to understand the local norms, obligations, and formalities required in selling a home. Keep all the property related documents updated and handy and make sure you comply with the laws surrounding the deal.

Background Check

Always ensure that you understand and know the person you are dealing with. Engage in proper background checks and seek professional guidance to make sure you know who you are selling your home to before finalising the deal.