30 Jul 2012

4 Common Seller's Mistakes


You might be worried because your home is not selling or not receiving the good offer which is according to your need. Real estate agent knows why your home sits too long in the market. There could be lot of mistakes that a seller can make due to which his home’s sale is still in process. Here I am sharing some common mistakes which a seller makes.

Establishing Home Value
It’s often seen that seller does not establish home value correctly. It’s not the money that you set for your home. Infect its price that buyer offer for your home. Setting price for your home is really an art. You have to consider many factors like average price for similar homes, tracking market trends etc. It’s not a hard and fast formula. Infect it’s an educated guess. But you have to make this guess by considering many factors.

Bad Condition of Home
If your home is in bad condition then it could be resistant in fast selling. Many times it has been seen that toys are scattered and dishes are piled in the sink. Moreover many parts of the home require quick repairing before sale. So you have to consider this element also. Staging a home is a good option. It broadens the buyer vision and good for your home sale. But keep in mind don’t spend too much on repairing. There is no need to make new kitchen or bathroom. Make small repairing like coloring the cabinets or windows etc. A real estate agent can give you better advice about this matter whether to repair one room is enough or two.

Hiring Wrong Property Agent
Many times you consult with property management companies for your home sale. You take real estate agent services. It’s good to hire real estate agent because he has much knowledge about market trends, demand, and supply. Moreover he has years of experience in this field. But be careful while hiring a real estate agent. Check his reputation, experience, skills etc before hiring a real estate agent.

Bad Marketing
For selling home marketing is an important function. But there are many marketing mistakes which seller made and as a result there is delay in home sale like bad photographs of home, omitting important details etc. These factors will lead your home sale process slow.

Avoiding these mistakes does not guarantee quick home sale but at least makes your home settlement better in the market and increases chances for success.

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