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6 Tips For Selling Your House At A Great Rate

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They say that home is where the heart is and we cannot deny it. A house holds a special place in our hearts, and the days we spend there are priceless. But there might come a time in our lives when we will need to sell our homes, for some reason. Lots of homeowners shed a few tears once they’ve sold their homes because they have fond memories associated with that one place, and it’s hard to say goodbye. It’s perfectly okay for sellers to be emotional about their homes and to be overcome by seller’s remorse. However, some sellers cry for a different reason – not being able to sell their properties on time. Here are some of the most common mistakes homeowners make that result in their properties sitting on the market for way too long:

Pricing the Home Too High
The worst home selling mistake a seller can make is pricing it wrong. If your home is priced too high, buyers won’t even look at it. If it’s priced too low, you may have to worry that you’re not getting your property’s worth. Pricing a home to sell is considered an art. Part of the market value is based on comparable sales, but there are other factors to consider too. They include market movement, demand, location, and the home’s condition. If the home is overvalued, buyers might submit lowball offers, which tend to result in an immediate offer rejection. Some agents deliberately overstate the value of a house and push a seller to sign an overpriced listing. There are many reasons why agents do this, but the cold reality is sellers lose a competitive edge when they are later forced to reduce the price. It’s best to avoid “testing the market” and putting your property at stake.

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Keeping the Home in Bad Condition
Getting your house ready for buyers entails much more than making the beds and ensuring that the dirty dishes are washed. Homes that have toys scattered around and coffee-stained mugs piled in the sink do not make a good impression on buyers. Then some homes need updating and quick fixes. Getting repairs done before resale can boost the chances of a quick sale. If there are broken items or buyers see deferred maintenance, they might wonder what else is amiss. This may cost you quite a bit in the future. Therefore, get your home dressed for the show. Consider doing some small things to perk your property up like arranging flowers in an attractive vase. And if you think that both you and your agent lack the vision or ability to stage, hire a professional home stager to do it for you.

Marketing the Home Ineffectively
Another common mistake is marketing your home ineffectively. Agents and sellers alike are known to do this on the regular. You need to employ all the different marketing strategies designed to expose a home to the largest pool of buyers. However, the hustle should not stop there. You need to continue marketing your home even after a buyer has entered your home. Anything could happen. Don’t cease to market until after your buyer has signed the dotted line.

Hiring an Inexperienced Agent
As a buyer, you have two choices: hire an excellent listing agent or a mediocre agent. Contrary to popular belief, the cost is not going to vary all that much. If you want full-service, hire a full-service agent. And if you are reasonably confident your home will sell without a full-service agent, get a discount broker. Also, carefully read the listing agreement to ensure that the agent who brings a buyer is fairly compensated because offering a bad commission package will put off the agent and make them never want to show your home again.

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If you need help selling your home, get in touch with Ready Steady Sell today! We specialise in selling houses quickly at a great rate. Contact us today for a free quote.

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Disclaimer: We do not provide any financial advice. Ready Steady Sell works with regulated property brokers whom have the ability to purchase your property for cash. Our service is free and you are under no obligation to accept the quotes you receive from our partner companies. You may be contacted by regulated firms that can help you sell your house quickly.