5 Mistakes to Avoid When Selling Your Home

Sam Richards
Authored by Sam Richards
Posted Friday, August 21, 2020 - 9:39am

Buying a house is a sizeable investment, and when it's time to sell your house you want to get the highest return on investment. Selling your home takes time, effort, and patience between opening your home to potential buyers, keeping it clean, making repairs, and waiting for the right buyer offer. Selling your home is an emotional transaction and sometimes emotions lead to first-time seller mistakes. Take a look at five of the mistakes you should avoid making when selling your home. 

1. Underestimating the costs of selling. 

Many homeowners underestimate the costs of selling - agent commissions, closing costs, repairs, and buyer concessions. Using a home sale calculator can help you estimate your net proceeds and costs of selling so that you can determine the best way to sell your house. 

Working with a real estate agent is the smart way to navigate the ins and outs of the real estate market. Selling a house the traditional way through a realtor means commissions, home showings and staging, and weighing multiple offers. Dealing with a burdensome rental property, inheriting a house after the death of a family member, and facing foreclosure or liens are some kinds of situations where skipping the hassle of paperwork and home buyers is a smart idea. 

Simply Sold Property offers alternative real estate solutions to give you a no-hassle offer on your burdensome house. Gone is the need to make repairs, endure appraisals, deal with counteroffers, and pay commissions. Simply Sold will offer a fair cash price on your Greensboro house based on the sale price of homes in the surrounding areas. A listing agent will work with you every step of the way to close on your house according to your timeframe. 

After filling out a short property information form a listing agent will visit the property to give you a free estimate and make a fair price cash offer for your property. Once you accept the fair cash offer, Simply Sold Property will facilitate the paperwork and guarantee you a hassle-free closing. Following these 4 Steps to Sell Your Greensboro House is the best way to free yourself from a burdensome house in North Carolina. 

2. Not preparing your home for sale.

Sellers want to make a great first impression on potential buyers by preparing the home for sale. You don't need to hire a professional stager to prepare your home for showings. Cleaning out cabinets, decluttering shelves, removing personal belongings, and keeping things organized will help potential buyers imagine themselves living in your home. 

3. Ignoring major repairs and renovations. 

A home that is in disrepair will negatively impact a buyer's offer. Most buyers want a turnkey, move-in ready house. If an inspection is required before closing, you the homeowner may become liable for those costs. It's a good idea for sellers to fix repair issues in order to get the highest possible offer from buyers. 

Curb appeal is the first impression buyers get of your home. A broken garage door or a front door that is worse for wear don't make a good impression. A reliable company with a team of professionals that specialize in garage door repair can make a tired garage door function as a new garage door. 

RW Garage Doors is one of the premier garage door repair companies in the Bay Area. With years of experience repairing garage doors, there's no garage door repair a skilled technician can't fix. The garage door company's repair services include broken springs and garage door springs, stuck garage door openers and opener replacement, and hinge replacement. With day service available and shining customer reviews, RW Garage Doors is the best garage door repair company to install a new door, fix your overhead door, and make your garage door like new. 

4. Limiting showings and not accommodating buyers. 

Most buyers what to see a home before they make an offer. Limiting showings and not accommodating buyers hurts your chances of receiving a favorable purchase offer. Cooperate with the showing schedule set by your real estate agent, be willing to accommodate private showings, and prepare for weekend open houses. The more potential buyers that view your home, the more competitive your offers. 

5. Expecting to receive the asking price. 

Even though you are asking an honest price for your home, smart buyers will try to negotiate the price. As a homeowner, you want to make the most out of your home sale but you have to be realistic. Don't expect to receive the full asking price but do expect to negotiate to arrive at an acceptable sale price. 

Watch out for these first-time seller mistakes and set yourself up for success when selling your home. 

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