For most homeowners, their house is their largest asset—which means there’s a lot of money at stake when it comes time to sell. You want to get as much money back as possible during a home sale from this investment, so there are certainly some things to avoid doing when you put your home on the market.
You should avoid:
1. Ignoring the advice of the professional, your agent. Although many think you don’t need an agent to sell, hiring one can help you get more money from the sale. A knowledgeable agent can assist you with pricing your home, marketing it, negotiating with buyers, and guiding you through the closing process. There is a lot of responsibility to take on during this process, and a professional
2. Neglecting important repairs that are needed before listing. Most home buyers will require a home inspection, but if you know something is needed, get it done now. Don’t wait to be told and if you’re unsure, ask your agent about the problems that need to be addressed.
3. Being restrictive with showings. Your goal is to get people viewing your home and if you are unwilling or not flexible with showing times, you’ll lose buyers and potentially offers.
4. Being present for showings or open houses. Buyers are already nervous when walking through a stranger’s home; you do not want to make it more awkward for them by lurking around corners. They need to be able to view your home comfortably and also feel free to have conversation with their agent.
5. Reviewing offers with a closed mind. There will always be an emotional attachment to the home, but those feelings cannot come between business and the reality of getting your home sold. Be open to all offers and do not take things personally, that is why there are negotiations.
This is just a short list, there are other things to think about when you sell, so be sure to consult a real estate professional. Again, this will most likely be the largest investment/sale of your life, so you’ll want to be fully prepared.