Real estate law is tricky, especially if you aren’t working with a real estate agent. Here are some of the most common legal mistakes buyers make. 1: When property defects are
Avoid These Seven Mistakes When Selling Your Home
Selling your home can be a stressful experience. It is important to make sure you have your best chance of selling your home. Avoid these seven mistakes and you will be on your way to success.
1: Not Preparing Your Home for Sale
It is important to make sure that your house is ready before you put it on the market. Declutter your house, remove personal items, and do any repairs that are within your budget. Ideally, take care of all of this prior to taking listing photos. It’s important that potential buyers have a good first impression of your property.
2: Not Hiring A Real Estate Agent
Statistics show that homeowners who work with a real estate agent have a 120% better chance of selling their home than those who don’t. Real estate agents know the market and have experience with selling homes. Even if you have sold several homes in your life, it is very likely that the agent has sold more homes in the last year than you have in your entire life. They are also more likely to be up to date with the current market
3: Not Hiring The RIGHT Real Estate Agent
There are a lot of real estate agents to choose from. You want to pick a real estate agent who is experienced and will work tirelessly to sell your home. The right agent can sell your house quickly for a good price, the wrong agent can leave you stuck with a house you can't sell and a buyer/broker agreement you can't afford to break.
4: Not being realistic about your asking price
It is important that you set a price that is realistic. Be aware of what the market trends are and set a price that is competitive and appropriate for your property. A real estate agent will be able to run a comparative market analysis to help you set the best price for your home.
5: Assuming You Will Get Your Asking Price
Statistics show that the average house is sold for 99% of the asking price. 22% of home sellers also reported they reduced their asking price at least once. Know how much you are willing to bargain on your selling price.
6: Not Hiring A Good Photographer
Photos can make all the difference. Your listing photos will probably be a potential buyer's first impression of your property. If you have good photos with good lighting, you are more likely to attract buyers. Many real estate agents will hire photographers for you, allowing you to benefit from the relationships they have with quality real estate photographers.
7: Not being prepared for potential buyers
Although it may feel inconvenient at the time, it is important that you make sure that your home is ready whenever potential buyers want to come by. If you are still occupying your property, have a plan in place to tidy up quickly and make yourself scarce whenever buyers plan to come by. Additionally, with the number of people who will be coming onto your property, it is important to make sure your insurance is up to date and will cover any issues that may arise.
If you are getting ready to sell your house, our agents would love to help make your experience go as smoothly as possible. Contact one of our highly qualified agents by clicking HERE. For more information on selling your home or to find out what your home is worth visit bmphomes.com.
BMP Network is a Real Estate Team under Keller Williams. They excel in meeting the real estate needs of buyers, sellers, and investors in the Kingman, Lake Havasu City, Mohave County, AZ, and Las Vegas, NV areas.