Selling Your Home? 6 Traps You Should Avoid
Regardless of why you are doing it, selling your home can be quite an exhausting endeavor. With all the advice people are offering, this whole process can be quite overwhelming. There are many things to think about, but some traps you must make sure to avoid. Here is a handy list.
Talking to only one agent
Just like with everything else, you shouldn’t go for the first option you encounter. You should look around for several agents and ask for their quotes. After you find a few that you see yourself doing business with, conduct interviews. Then, you should compare your notes about them. Who has the best sales record? How much is their commission? What are their plans for marketing your home? How much do they think your home is worth? Only after gathering the crucial information should you decide on the agent.
Furthermore, when looking for an agent, it’s probably best to look for a local specialist. A local agent will know everything about the state of the market. They also have insight into what is popular at which location and can help you attract the right buyers.
Marketing only online
A good agent understands the importance of using different media to advertise your home. That means that you should not rely only on online ads. You should come up with an advertising campaign to attract plenty of possible buyers. A lot of interested buyers means a bigger paycheck for you. That is why you cannot neglect print. Look into advertising in various newspapers and magazines. Moreover, consider putting up a sign on the lawn and hanging flyers on bulletin boards and windows around town. There you can instruct them to go online and check out the full offer. Getting the word out is of the essence.
Not posting photos
The majority of buyers will not go look at a house without checking it out online first. That is why you must include appealing photos of your home. Before you take any snaps, remove all clutter and make it as tidy as possible. Moreover, make sure that there is enough illumination as people like to see what they can expect. Show everything your home has to offer.
Getting the price wrong
You have to do your homework when it comes to researching your competition. If you make the price too low, it might seem suspicious to your potential buyers. On the other hand, they also do not want to overpay for a property. That is why you have to make your price competitive, which can best be done by consulting with your agent.
Dealing with the contract on your own
Unless you are a lawyer, it’s best to leave the legal aspect to professionals. For example, experts from Parramatta Conveyancing can help you understand everything there is to understand about the contract. All conditions and details of the settlement will be dealt with in a professional manner and all that’s left for you to do is sign the contract.
Seeing as how buying a house is probably the biggest investment one can make, you should not be surprised if a potential buyer says they need more time to think about it. They will inspect the house in detail and you should be very forthcoming. Being polite and patient plays a huge role in closing the deal. On the other hand, you should also not accept the first offer you get if it doesn’t meet your price. Your agent will probably find you more interested buyers that are willing to pay more. However, that can take time, so patience is key.
As you can see, there are many aspects to consider when selling your home. Take it a step at a time, consult with professionals when you feel the need and you will sell your house before you know it.