Wednesday, June 13, 2012

Common Seller Mistakes


Thinking of selling your home, so are many others and your success at selling depends a great deal on making sure you avoid these common selling mistakes:

Incorrect Pricing - Many sellers price their home to high with the thought that they will need to negotiate.  This is the wrong strategy.  All it does, is keep would be buyers away thinking the price is too high.  High prices also cause homes to linger on the market and the thinking becomes "why has the home been on the market for so long."  Instead price your home at the market price and you will see more traffic coming through the door.

Not Making a Great First Impression - This is one of the hardest things for a seller to accept, but it pays to make an investment into putting your home into tip-top shape, BEFORE putting it on the market.  When your home is dirty, cluttered, or in need of repairs it will not be appealing and although they may visit, they will be turned off by the amount of work they see themselves needing to do.  Instead, present it in MOVE-IN-CONDITION and your buyers will be able to see themselves living in the home.

Not Giving Buyers Space - Rule number one is that when you have a showing, the best choice is for you
to leave the home and let the visitor have time in the home.  When you are around it makes it harder for the prospective buyer to see themselves living in the home.  Instead, they feel uncomfortable, not wanting to make comments or look around as much as if you were not there - GIVE THEM THEIR SPACE.

Hiring the Wrong Agent - There are a lot of reasons to pick a listing agent, but remember it is a business decision and you should treat it as that.  Sure, you could give it to your nephew but make sure he has experience or a mentor to help him.  On the other hand, you could hire an experienced agent and make a mistake if they specialize in properties different than what you are selling.  In short, take your time and evaluate what everyone has to offer and pick the agent that is best qualified to sell YOUR home.

Questioning the First Offer - Many would be sellers feel the first offer is not the best and think that they can hold out for more money.  Educated buyers will usually make a fair offer quickly and are always looking so that when a new property is listed, they act quickly.  Don't try to over think it, an offer that would be good three months from now, is good today.


Start Planning Your Move - Make sure you know where you are going once your home sells.  Don't be in a bad position when you get an offer panic because you have no place to go.   Be ready to move. 

The Vogin Team is your one stop choice for all of your real estate needs. With over 10 years of experience in real estate we have the expertise and experience to give the professional service your desire. Whether you are looking to buy or sell a home in South Florida we can help you. Learn more at http://www.voginteam.com

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