Top 5 Home Seller Mistakes

Selling a home can get extremely stressful and it's easy to make a lot of mistakes along the way. Here are the top 5 home seller mistakes that you can avoid to help keep your mind at ease to a smooth sale.

Pricing the Home Too High

Setting the right price for your home is crucial. Price it too high and it'll be on the market for a while because buyers won't want to look at it. Price it too low and it can cost you a loss in profits. Ensure that you are doing market research on prices on similar homes in your area. Also look at price trends from the past and compare it to the current price range. Consult with your real estate agent to get insight and information on how to price your home.

Marketing the Home Wrong

In this digital age, most buyers will be looking online before they decide to go out and visit a home. They want to know what the home looks like beforehand so that they aren't wasting their time. Have a lot of good photos of your home online that showcase it at its best. Buyers want to see every part of your home and be able to envision a place they can call home.

Hiring the Wrong Real Estate Agent

This will be your biggest sale you make in your life and you don't want to choose the wrong real estate agent. Hire someone with a lot of experience, knows your area well and understands your needs. Hiring the right real estate agent can help get you best offer and avoid any costly oversights.

Not Fixing Up Your Home

Buyers want to know that your home is in top condition and is durable. Do a walkthrough of your home and look out for areas that need to be fixed. Repairing your home can help you sell your home quickly. Staging your home for open houses is also important to attract buyers.

Getting Emotionally Involved

Once your home is up for sale, it's best to view your home from a business point of view. Taking your important personal belonging down like your family photos help separate what was the home to the house you are selling. It's now a commodity rather than a home. This will help make it easier to detach yourself from emotional ties that you may have with your home.

Sharon Josey
RE/MAX Real Estate
(780) 699-7333


No comments

Post Your Comment:

Copyright 2020 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.