Common Mistakes When Selling Your Home (and How to Avoid Them)
August 3, 2018 | Allison Ables
So you want to sell your home? There are probably a million questions and concerns weighing on your mind. Selling a home or property is a complicated process, but it turns out that the most common mistakes are fairly easy to avoid.
Before you sell your home, make sure you are avoiding these pitfalls:

Looks Matter
Most people make snap decisions before they realize it. The importance of a good presentation of your home cannot be overstated! You need to make your house look as appealing as possible.

Curb appeal is how the place looks from the street. This will be the first impression of your home, and you need to make sure to wow potential buyers. Cleanliness, the state of the front door, the lawn, all of these details matter to prospective buyers.

Bear in mind that many people research online before visiting in person. You will need to present an attractive video or pictorial just to get them to your curb!  This can involve staging your home for maximum appeal, or simply preparing in advance for a photo shoot that highlights the best aspect of your home.

Don’t Ask Too Much
Before you price your home for sale, do your market research. Find out how much similar homes in your neighborhood have been selling for, and how much other homes are currently listed for. Use these as guidelines to keep you from pricing yourself right out of the market.

Price your home realistically. A lower cost will attract a wider array of bidders, so you can receive more offers and perhaps even cause a bidding war. But an overpriced home has a higher chance of setting empty for a while. And a house that sits empty for too long makes people suspicious of what’s wrong with it.

What are the Costs of Selling?
The home selling process is not without expense. Make sure you factor in the following financial considerations into your personal bottom line:
  • Pro-rated property taxes
  • Final utilities and insurance payments
  • Title insurance, transfer fees, escrow, and other closing costs
  • Commission to any real estate agents
  • Other personal moving expenses 

Take Emotions Out of the Decision Making Process
You might love your home. No doubt you have invested a lot of time, energy, sweat, and tears into it, and have a lot of great memories there.

Your personal attachment does not matter to buyers. Sentimental value does not increase the market value. Keep your personal feelings about the house out of the decision making process. Overly strong feelings can cause you to ask too much money and affect the way you look at prospective buyers.

It’s OK to Ask for Advice
Even if you decide to list and sell the house yourself, don’t be intimidated about asking for help. A real estate agent can offer you a lot of valuable advice and pointers to help sell your home.

If you want to talk to the most experienced and knowledgeable real estate agents in Alachua County, contact the team at Allison Ables Real Estate and Property Management 352-371-1828. 
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