5 Common Pitfalls To Avoid When Selling Your Home
1. The Wrong Price-A correct home price is based on a number of carefully researched facts including recent sales of comparable homes in your area, market trends, the home's condition and your "break-even" number.
2. Misspent Improvement Dollars-If you are considering improvements to boost the sales appeal of your home, be careful. Upgrades that result in a dollar-for-dollar return on a home's price tag are rare.
3. Time Lost On Unqualified Buyers-In real estate, there are two kinds of buyers: qualified and unqualified. Both will call off a classified ad or a yard sign.
4. High Or Unnecessary Seller Fees-As a seller, you will incur various costs. Some of these costs (such as transfer taxes) are fixed and unavoidable. However, others are charged by specialized firms.
5. Not Hiring A Professional-There are many ways in which real estate professionals help sellers. Getting top dollar at the closing table is the most popular.