While underestimating competition and overestimating the value of your house can be detrimental to selling your house, they are not the only road blocks.
Other common mistakes people make include:
3. Depending Solely on Location
Is your property located in the heart of city or close to a metro station? Are you in the middle of a well-known school district? Having these perks can work to your advantage, but you cannot rely on location alone!
Buying a home is a huge investment for many people and sometimes interested buyers are not willing to sign on the dotted line till they are convinced that the house is exactly what they are looking for. If the house looks shoddy, you’ve failed to make a good impression. What’s worse, you might have lost your buyer to another home down your street.
Put your house together cohesively. Presentation is key! It’s important that you take time out to get your house ready for a sale.
4. Over-personalizing and over-spending
You might like to collect artifacts from African tribes, but your potential buyer might not like to wake up to a war-marked mask every morning! Leaving signatures of your taste can discourage the buyer from looking at more important things like your floor plan or storage.
A helpful hint: people looking at your house want to picture their lives inside this home. De-clutter and de-personalize wherever possible.
Plan to upgrade before selling? If you spend a lot of money redecorating your house it might sell faster, but it will not necessarily sell for a higher price. Know where to put your money. Avoid making Dramatic custom upgrades. You do not want potential buyers to estimate the cost of re-doing a customized room then deducting that cost from their offer.
Are you looking for professional help to sell your house fast? Express Homebuyers can help. In the past five years we’ve sold over 800 homes within the D.C. 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.
Call us at (877) 804-5252 or visit our website to chat with a representative.
This series will be continued. For more insight on what mistakes to avoid while selling your house, continue to read our blogs.
If you have any tips or suggestions that you’d like to share, please feel free to comment on this blog post.