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8 home selling mistakes you must avoid

Home selling

Unlike shares of stock where buying low and selling high is all part of the business, more emotional value is invested in a home. This, along with the pandemic, can make selling a home especially challenging for some sellers.

You’re probably asking, “Can I sell my house fast in Williamsburg, VA?” during this time. Our answer is, “Of course you can!” All you need to do is take care to avoid the following home selling mistakes.

Avoid getting too emotional

It’s normal to get a little sentimental when you are listing your home for sale. After all, you’ve invested years in your house financially, physically, and emotionally. Now that you’re about to let go of your investment, your feelings shouldn’t get in the way.

Once you start your home selling process, put yourself in the shoes of a business person. View the transaction from a financial point of view. You’ll be able to keep your emotions from affecting your decision-making.

Avoid setting a price tag that’s too high (or too low)

As a seller, setting the correct price for your home is one of the challenges you’ll face. You don’t want potential buyers to get turned off by a high price, but you don’t want to lowball yourself either. To get the price right, here are some tips:

  • Get a comparative market analysis (CMA) from your agent: A comparative market analysis is a reasonable basis for your home’s listing price. It takes a look at recently sold homes in your area that are similar to yours. We call these properties “comps.”
  • Request a home appraisal. If you’re competing for the attention of buyers in a neighborhood with other homes for sale, or want to sell quickly, a professional appraiser may come in handy. They’ll help give you the fair and current market value of your home based on factors such as your property’s condition and how it compares to other homes in your area.

Avoid amateur-looking photos on your listing

Even in the age of smartphones with high-resolution cameras, hiring a professional photographer to take listing photos of your house can still make all the difference. They’ll be able to capture your home using the right angles which, in turn, help you show off your property more effectively.

With most buyers starting their home buying process online, having professionally taken photos can make your online listing a cut above the rest.

Avoid distracting buyers from imagining themselves living in your house

Your home’s future owners should be able to picture themselves living in your home without getting distracted by your personal clutter. If you don’t clean your home, you might as well be throwing money away.

Replace bulky pieces of furniture if they don’t work well with the space. Remove personal belongings, like photos of your loved ones or your personal effects, from the rooms. If possible, have your home staged.

Avoid neglecting minor repairs

You can make numerous improvements to your house without denting your wallet. A lot of people take minor repairs for granted, but they can boost your home’s value and freshen up your home. Here are a few things you can do:

  • Apply a fresh coat of paint indoors and outdoors
  • Fix or replace worn-down fixtures and hardware
  • Trim shrubs and trees, repot the plants
  • Replace light switches, handles, and door knobs

Avoid taking low offers personally

Whether you’ve lived in your home for what seems like a lifetime or otherwise, it’s understandable to have a strong attachment to it. You might be offended if you receive a low offer. Instead of taking it personally, use the opportunity to make a counteroffer your buyer can’t resist. If they really want to purchase your home, they’ll give you a better offer.

Avoid neglecting major repairs

Failure to address major repairs won’t just impede your home sale, it can prevent the transaction from happening altogether. Buyers want homes that are move-in ready. Properties that have major issues clearly don’t meet their standards.

Unless you’re selling your home as is and for a low price, make sure to address major repairs before listing your home. Invite a home inspector to look at your property and identify underlying issues.

Not trusting your real estate agent

Your real estate agent only wants the best outcome for your home sale. Not listening to their advice and believing you know more than they do can strain the working relationship and slow down the process.

Sell my house fast in Williamsburg, VA

Coldwell Banker Traditions has been selling homes in Williamsburg and the Hampton Roads area for more than 100 years. Let our real estate expertise work for you. Call 757.229.9595 or info(at)cbtraditions(dotted)com