Snippet URL: http://www.forbes.com/sites/learnvest/2013/03/12/the-8-top-home-selling-mistakes-you-should-avoid/
Major life changes like retirement, getting married, or landing a new job in another location may necessitate selling your current home. Of course, putting it on the market is not only emotionally challenging, it’s also hard logistically—there’s a lot to do between having your property listed and handing over the keys to the new owners. Any delay in selling also means putting off the big move, delaying the start of a new chapter in your life.
Sometimes though, sellers put themselves at a disadvantage by committing common mistakes when selling Lubbock homes, like the one this excerpt from a Forbes.com article describes:
You may think that all you have to do is take one photo of the house, stick a “For Sale” sign in your yard and buyers will come pouring in the door. Au contraire. “The only way to guarantee that you’re going to get the highest price for the house is to use all of the marketing options available
to you,” says Holly Mellstrom, a realtor in Pelham, NY. “This means Internet advertising, 30 pictures of your house, public open houses and even postcards.” The more people who see your house, the better your chances are of selling it. In an age when buyers start their searches online, counting on drive-bys and word of mouth isn’t enough anymore.
What other mistakes can be hampering your efforts to sell? Below are a few more to watch out for.
Doing it Alone
To avoid agent or broker fees, some people choose to sell Lubbock, Texas homes themselves, often called “For Sale by Owner.” Doing so, however, also means scheduling open houses, dealing with potential buyers, researching legalities, and filing the paperwork yourself. To avoid such hassles, hire a trusted real estate company like Coldwell Banker, Rick Canup Realtors.
Pricing Too High
There’s no faster way to scare off would-be buyers than
by sticking an exorbitant price tag on your house. Before settling on a price, first do a research on the going rate for homes in the area similar to yours. You might even want to price it a bit lower—the attractive cost may start a bidding war that will eventually drive up the price to the true market value.
Not Repairing Problems First
Would you buy a home with a busted furnace or waterlogged walls? Probably not; you’d rather choose a home that doesn’t need repair work so you can settle in as soon as possible. So prior to listing your home, make sure all major problems are dealt with so they won’t turn off buyers.
(Article Information and Image from The 8 Top Home-Selling Mistakes You Should Avoid, Forbes.com, March 12, 2013)
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