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	<title>We Buy Houses! &#187; Underestimating the Competition</title>
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	<description>Information If You Need to Sell Your House, Fast</description>
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		<title>7 Mistakes People Make When Trying to Sell their House &#8211; Part 1</title>
		<link>http://www.expresshomebuyers.com/blog/sellahome/7-mistakes-people-make-when-trying-to-sell-their-house-part-1/</link>
		<comments>http://www.expresshomebuyers.com/blog/sellahome/7-mistakes-people-make-when-trying-to-sell-their-house-part-1/#comments</comments>
		<pubDate>Wed, 21 Jul 2010 20:57:48 +0000</pubDate>
		<dc:creator>Abby Johnson</dc:creator>
				<category><![CDATA[Sell a Home]]></category>
		<category><![CDATA[7 Mistakes People Make When Trying to Sell their House]]></category>
		<category><![CDATA[Overestimating the Value]]></category>
		<category><![CDATA[sell your house]]></category>
		<category><![CDATA[sell your house fast]]></category>
		<category><![CDATA[Underestimating the Competition]]></category>

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		<description><![CDATA[This is the first post in a three blog series.

Selling a house can be an easy task. It’s the one-size-fits-all approach that could mislead you from doing what’s right for your property. Your property is unique and though you want to gauge your market, your area and your neighborhood, it isn’t always wise to ape what every other seller on your street is doing.

Here are some questions that you need to answer to check if you’re doing the right things for your house:

1. Underestimating the Competition

Your property may be unique, but if a buyer has come to see your house, chances are that they will also check out the other available houses on your street. It’s not a bad idea to go out and investigate all the comparable prices of houses in your area and neighborhood. It’s time well-invested. Better still; hire an appraiser who would have done your homework for you. They will be able to point out problem areas or asset depreciators that will stop you from making a good sale. Sometimes, just fixing or upgrading a few things in your house could raise its value by a huge amount.

 2. Overestimating the Value

Know what home buyers are looking for. Do your own research. Often sellers look at other houses on their street, and set the home price structural similarities. A three-bedroom-two-bath home with a hot tub Jacuzzi in the master bathroom and a fully upgraded kitchen is bound to sell for a higher price than a regular three-bedroom-two-bath.

Some critical features that buyers have been looking for include: location, neighborhood and community, structural design and size, number of bedrooms/bathrooms, special amenities, availability of schools, privacy and other facilities. Some things are not in your control, but there are areas that can we worked upon. If you decide to sell your house as is, you want to take some of these factors into consideration.]]></description>
			<content:encoded><![CDATA[<p><strong><em>This is the first post in a four blog series. For a heads-up on mistakes to avoid while selling a house, visit: <a href="http://blog.expresshomebuyers.com/sellahome/7-mistakes-people-make-when-trying-to-sell-their-house-part-2/" target="_blank">Part 2</a></em></strong> and <a href="http://blog.expresshomebuyers.com/sellahome/7-mistakes-people-make-when-trying-to-sell-their-house-part-3/" target="_blank"><strong>Part 3.</strong></a></p>
<p>Selling a house can be an easy task. It’s the one-size-fits-all approach that could mislead you from doing what’s right for your property. <strong>Your property is unique</strong> and though you want to gauge your market, your area and your neighborhood, it isn’t always wise to do exactly what every other seller on your street is doing!</p>
<p>Here are some questions that you need to answer to check if you’re doing the right things for your house:</p>
<div id="attachment_773" class="wp-caption aligncenter" style="width: 435px"><a href="http://blog.expresshomebuyers.com/wp-content/uploads/2010/07/iStock_000004433642XSmall-Modern-Home3.jpg"><img class="size-full wp-image-773 " title="A contemporary home." src="http://blog.expresshomebuyers.com/wp-content/uploads/2010/07/iStock_000004433642XSmall-Modern-Home3.jpg" alt="" width="425" height="282" /></a><p class="wp-caption-text">Clear away clutter and depersonalize your home to attract more buyers and sell your house fast.</p></div>
<p><strong>1. </strong><strong>Overestimating the Value </strong></p>
<p>Know what home buyers are looking for.<strong> Do your own research. </strong>Often sellers look at other houses on their street, and set the <strong>home price</strong> on<strong> structural similarities</strong>. A three-bedroom-two-bath home with a hot tub Jacuzzi in the master bathroom and a fully upgraded kitchen is bound to sell for a higher price than a regular three-bedroom-two-bath.</p>
<p>If you decide to sell your house as is, you want to take some of common  factors into consideration. Some critical features that buyers have been looking for include:<strong> location, neighborhood and community, structural design and size, number of bedrooms/bathrooms, special amenities, availability of schools, privacy and other facilities. </strong>Some things are not in your control, but there are areas that can we worked upon.</p>
<p><strong>2. Underestimating the Competition </strong></p>
<p>Your property may be one-of-a-kind, but if a buyer has come to see your  house, chances are that they will also check out the <strong>other available  houses on your street.</strong> It’s not a bad idea to go out and investigate all  the comparable prices of houses in your area and neighborhood. It’s  time well-invested.</p>
<div id="attachment_770" class="wp-caption aligncenter" style="width: 435px"><a href="http://blog.expresshomebuyers.com/wp-content/uploads/2010/07/iStock_000003298720XSmall-House-A-Cut-above-the-rest2.jpg"><img class="size-full wp-image-770" title="Is your house a cut above the rest?" src="http://blog.expresshomebuyers.com/wp-content/uploads/2010/07/iStock_000003298720XSmall-House-A-Cut-above-the-rest2.jpg" alt="" width="425" height="282" /></a><p class="wp-caption-text">How Unique is your House?</p></div>
<p>Better still; <strong>hire an appraiser </strong>who would have done your homework for  you. They will be able to point out <strong>problem areas or asset depreciators </strong>that have come in the way of a good sale. Sometimes, just fixing or  upgrading a few things in your house could raise its value by a huge  amount.</p>
<p>Have you been trying to sell your house for a while now? Think you need professional help to sell yours fast? <strong><span style="text-decoration: underline;"><a href="http://www.expresshomebuyers.com/" target="_blank">Express  Homebuyers</a></span></strong> is here for that very reason does just that! In the past five years we’ve sold  over <strong>800 homes</strong> within the DC metro area. We can help you list  your house for sale. If we can’t sell your house in 60 days, we  guarantee to buy it from you, no matter what the condition.</p>
<p>Just call us at <strong>877-804-5252</strong> or visit our <strong><span style="text-decoration: underline;"><a href="http://www.expresshomebuyers.com/" target="_blank">website</a> </span></strong>to chat with a representative.</p>
<p><strong>This series will be continued. For more insight on what mistakes to avoid while selling your house, continue to read our blogs.</strong></p>
<p><em>If you have any tips or suggestions that you&#8217;d like to share,  please feel free to comment on this blog post.</em></p>
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