Are You Making These 2020 Home Selling Mistakes Too?

It is exhilarating when you place your house on the market for the first time. Your mind is racing, and all you can think about is creating new memories in new locales. But then your thoughts begin to reflect on the past, the fond memories, and those deep sentimental attachments that made up your home, that you are leaving behind, like an old friend.

For some homeowners, letting go is tough. They are profoundly entrenched and attached to their homes; however, their deep emotional connection can prevent a home’s sale. You and I both know you want to avoid that costly mistake. So, in today’s post, we will look at those home selling mistakes and give you four tips to sell your home quickly.

You Have Overpriced Your Home

Overpriced mistakes have cost many homeowners a quick sale. They might have heard that housing inventory is low, prices in their area are going up, so raising their home’s price seems logical. But, what that homeowner has not considered is the buyer’s bank.

Financial institutions do not lend more than what the house is worth. That is why lenders will send an appraisal to establish the fair value for a home. In the event your home is overpriced, a real estate professional can step in and help. The realtor will determine the actual amount and renegotiate the home’s price.

Your Emotions Are Preventing the Sale

Emotional mistakes make it hard to let your home go when you have lived there for a long time. Today, the average American homeowner has lived in their home for more than ten years. With that length of time spent in your home, you naturally become more emotionally attached to your house.

If it was the first home you bought, got married, raised a family, then every room has fond memories. It has deep roots, is unique, and the sentimental value is priceless. However, to sell your home quickly is the reason for bringing in a real estate professional. They have no ties to the property and can sell your house quickly.

You Do Not Want To Stage Your Property

Staging mistakes borders on emotional ties and reluctance to present the home as ready to sell. The homeowner has created their interior masterpiece. There is a sense that anyone who walks through the door will immediately fall in love.

Unfortunately, buyers are interested in the space, and how they can create their home’s work of art. That is why you stage your home with the buyer in mind only. Buyers want to see themselves in the house, surrounded by their furnishings. So, declutter and stage your home so that potential buyers can visualize themselves walking through those doors every day.

Four Tips To Sell Your Home Quickly

1. Letting Buyers Feel at Home

It is easy to get a buyer to feel at home. First, your sentimental items need packing away. Any pictures, wall ornaments, anything that is sentimental must get put away. This exercise lets the buyer see the interior possibilities of the house and what they can do with it. Not to mention, by staging your home, you increase the value and the likelihood of it selling quickly.

2. Keep Your Home Organized

Now that you have removed all personal belongings from view, the next step is keeping the home organized and in order. All of that must get done before any buyer shows up. So if you see dishes in the sink, clean and put them away. If you have children, make their beds and put away their toys. If trash needs to go out, quickly remove it. If you have air fresheners, make sure that is the smell a buyer remembers about your home.

3. Price It To Sell Now

When the competition in your neighborhood heats up, you’ll want to make sure your home gets noticed. A key to selling your house quick is guaranteeing Priced to Sell Immediately (PTSI). That means you’ll be driving more traffic to your property, and ultimately creating more interest in your home.

4. Allow Buyers Full Access

It will surprise you to know, by allowing buyers full access when selling your home, you have increased your chances of selling your house quickly. If your home is available anytime, that opens up more opportunities to find a buyer right away. Some buyers, especially those relocating, usually have limited time. If they cannot get into the house, to look around, they will move on to the next one.

In Conclusion

In 2020, the seller’s market gives you the best chance to make your move. If you’re considering selling your house, let’s get together to help you navigate through the process while avoiding common home selling mistakes.