When selling a home for the first time, it is completely normal to make mistakes. However, people who have some previous experience can also make mistakes that will cost them money and time. We are giving you 5 tips to avoid home selling mistakes.
Tip #1) Don’t Underestimate The Cost Of Selling
The average percentage of commissions to pay to a real estate agent after selling your house is around 6%, plus you need to take into account the closing costs, repairs, and other expenses associated with the selling process.
Calculating everything on your own before deciding the price you will put on your house before listing helps you get the most out of the process to enjoy and use the net amount of money you will get from the house.
Tip #2) Make Sure Not To Set An Unrealistic Price
Everybody would like to set a price and that whoever is interested in a house pays for it. However, that might not be the real case. Most homebuyers are looking for the best houses at the best prices. They avoid considering houses with unrealistic set prices. Make sure to get information from different sources so you can set the fair market value of your house; this refers to how the owner and the buyer value a house.
If you don’t research or get a general idea of the market value of your house, you might end up asking too much or too little; you will probably be leaving money on the table.
Tip #3) Avoid Considering Just High Offers
Even when the excitement of the highest offer overcomes you, it doesn’t mean it is the best offer. Let me explain a little bit why. In traditional sales, it is very common to have contingencies. These are pretty much conditions that need to be met for sale to close. You can have conditions that protect the buyer’s interests, like an inspection contingency.
It is crucial to be aware of these conditions since they directly impact the speed of the sale.
Choose To Work With A Home Buyer Company Instead
Easy Sale Home Buyers is a local home buying company in Raleigh, NC; we buy your house easily and quickly. You don’t have to worry about paperwork, commissions, repairs, and cleaning. We take care of everything, and it is the smartest decision you can make when selling your house. Just get in touch with us, and we will give you a fair offer.