Selling a house can be a very complicated and frustrating process, especially if you do not have experience with it or are not working with the right realtors. There are many steps that need to be taken and details that should not be missed, and any of these can lead to costly issues. If you make one of the many common mistakes selling a house in St. Johns, you could end up with a home sitting on the market for months and plenty of lost profit.
That is why our team at Your Home Sold Guaranteed Realty - Phil Aitken Home Team is here to help home sellers like you avoid these costly mistakes and successfully achieve your real estate goals. When you want to sell quickly and get top dollar for your most valuable asset, it is vital that you have all of the information, resources, tools, and guidance you need to get the job done right. Below you will find the top 5 most common mistakes selling a house in St. Johns which can be extremely costly.
Overpricing Your Home for the Current Market in St. Johns
As a homeowner, it is your responsibility to make sure you know your home’s current market value. If you are not aware of this number, you may not be able to properly price your home for the real estate listing. In many cases, home sellers end up overpricing their homes, and home buyers will know that you have not done your due diligence concerning your home’s worth.
Home buyers will typically start by looking at comparable homes in the area and determine an average asking price. When they see your listing, they will then compare that average to your asking price. If it is too high, they will most certainly move on to the next home on their list. This can lead to months of waiting and a loss of profit if you end up having to significantly lower your asking price. That is why it is vital that you get a home valuation done and find out your house’s true market value early on in the process.
Ignoring Repairs That Need to Be Completed
Unless a home buyer is looking for a fixer-upper project home, they will be expecting that home sellers have made necessary repairs to their homes for sale. That means it is critical that you make those necessary repairs before you list your home and have potential buyers come visit the house.
If you neglect those repairs, it is very likely that your home will sit on the market until you reduce your asking price to make up for the money home buyers will spend making the repairs themselves. Don’t waste time and risk money by avoiding making repairs.
Not Investing in Professional Staging
While you may love the look and feel of your home because it is natural and personalized for you and your family, home buyers will not want to see that much personalization in a home they may buy. Rather, they want to picture themselves living there with all of their belongings, family photos, and knick-knacks.
To remedy this issue for a showing, many successful home sellers invest in the services of a professional home stager. They will be able to make your home show ready for home buyers to see and begin to envision themselves already taking up residence in the home. It will ensure that your home will make the right first impression every time.
Choosing to Work with the Wrong Real Estate Professional
One of the most important people that is a part of your home selling process is your realtor. That is the person who will keep you informed, educated, and up-to-date with the process at all times. If you choose to work with the wrong realtor, you may end up with a home that doesn’t sell or one that sells for far lower than asking. That is why you need an expert realtor who only has your best interest in mind. Our team of realtors at Your Home Sold Guaranteed Realty - Phil Aitken Home Team is 100% committed to your home selling success!
Keeping House Issues Secret from Potential Home Buyers
Whatever you do, never hide existing and severe issues from your home buyers. Things like water damage and foundational issues must be disclosed to potential buyers. If you do not, you run the risk of serious legal troubles and major financial losses and penalties. Although it may lower the value of your home, it is better to take that risk than to worry about being sued by a home buyer over undisclosed issues with the house.
Work with Our Realtors and Don’t Make Common Mistakes Selling a House in St. Johns
Have you and your family decided that now is the time to sell your home? Be sure you get all of the information and resources you need to be successful in this highly competitive real estate market. It is essential that you avoid making common mistakes selling a house in St. Johns in order to achieve your real estate goals.
At Your Home Sold Guaranteed Realty - Phil Aitken Home Team, our expert real estate professionals are here to help you through the entire home selling process and will make sure that you do not fall prey to any of those common mistakes. We are dedicated to assisting you in every way possible to ensure that you meet your real estate goals.
If you are excited to start your home selling journey, give us a call at Your Home Sold Guaranteed Realty - Phil Aitken Home Team or fill out the form below with the requested information to receive a detailed response from one of our expert realtors. We look forward to hearing from you and getting you started in the home selling process.