Don’t Make These Home Selling Mistakes

by | Jun 15, 2020 | Uncategorized

There are quite a few homeowners who want to sell their homes themselves without taking any assistance from a realtor. They have their own reasons, some of them do not easily trust another person and others want to save on commissions.

But if they are selling their homes for the first time and have not done their homework, they may end up making few common mistakes that might prove costly and their homes could remain unsold for a long time.

Homeowners might act a little greedy and price their home much above the actual market price of the house. If they list their house with such a price, experienced realtors will not even give it a second thought and click the next button in their MLS account. This myopic action on the part of homeowners might hamper their efforts to sell their house for weeks and ultimately, they may have to make a huge climb-down from their expected price.

Some homeowners are too snooty towards those offers quoting a much lower price than what they expected. They have a tendency to reject such offers outright, but they must desist from doing so if they want to enhance their chances of their house getting sold. Instead they should negotiate by quoting a lower price from their expected price and if the potential buyer is flexible and agrees to it, you achieve your goal a lot faster than you anticipated.

Homeowners must realize that they are in the business of striking deals and a good deal requires some give and take. So being too stead fast about their price and terms would decrease their chances of getting a good deal faster. So acquire a mindset of a businessman while doing deals, be flexible and try to create a win win situation for every body.

In every business deal, it pays to put your best foot forward. When it comes to selling your home, your best bet would be to present a good looking home before the buyer. Yes, staging a home is very important and lots of homeowners realize its importance after many failed attempts at selling. Just think about it why would a buyer would even show an iota of interesting in a house that is in dilapidated condition unless they are wholesalers and you are a motivated seller willing to get rid of the property at any price.

It pays to do the due diligence, some market analysis and have a mindset of an entrepreneur when you set out to sell your home.

Want to get great investment returns while giving back to the community

Enter your information below to received your fast cash offer!

  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.

Recent Blog Post

The Diary of the Remote RV investor – Episode 157

The Diary of the Remote RV investor – Episode 157

One of the things I love about the PNW is all summer long you can usually find some out door theater group.  Many of them will be performing some Shakespeare play,  while others will be a chance for kids to practice their acting skills.  It is always...

The Benefits of Multifamily Investing: Why It’s a Smart Choice

The Benefits of Multifamily Investing: Why It’s a Smart Choice

Investing in multifamily properties is an increasingly popular strategy for both new and experienced real estate investors. Here’s why multifamily investing could be a smart choice for your portfolio: Steady Cash Flow: Multifamily properties generate rental income...

The Diary of the Remote RV Investor – episode 156

The Diary of the Remote RV Investor – episode 156

The great thing about life is that it is always changing. So anyone who says they are bored,  clearly is missing out. While going to any number of networking events,  or getting to know fellow mastermind members. I find some amazing folks.  One of them...

Smart Investment Strategies: Protect Your Wealth from Inflation

Smart Investment Strategies: Protect Your Wealth from Inflation

Inflation can erode your purchasing power, making it crucial to protect your wealth. Here are some smart tips to hedge against inflation: Invest in Real Assets: Real estate, commodities like gold, and other tangible assets often appreciate with inflation. Real estate,...

The Diary of the Remote RV Investor – episode 155

The Diary of the Remote RV Investor – episode 155

Sometimes we just need to stop and smell the roses,  as my granny used to say.  She had planted rose trees, not bushes along her walk way,  she said to remind her.  You see we often get so busy that we face by moments and reminders of the beautiful...