While
homes in big cities may sell quickly, outside major centers homes can sit on
the market for months and months. Sometimes it's a slow market. Sometimes it's
silly mistakes made by sellers. Whether you are selling in the city or hoping
to move your rural property into new hands, don't make these mistakes:
Overpricing
You
may have put a lot of love and a lot of money, into your home, but buyers don't
care. They aren't comparing the home before you loved it with the one you're
selling now; they're comparing your home to all the other options on the
market. If you start off too high, you'll stop all the people who might be
interested from even looking at what you've got.
Limiting
showings
Really?
You're trying to sell your home but you're not making it available when buyers
want to see it? While it might be a major pain in the ass being on call for
showings at the drop of a text, if you want that puppy gone, you'll have to
make it easy for buyers to see it.
Failing
to prepare
Would
you want to buy a home that was full of clutter, needed repairs or had a front
yard that had run to weeds? The guy who you're trying to convince doesn't
either. Rumor has it that it takes only about 60 seconds for a prospective
buyer to form an opinion about a home. I know that of the four homes I've
bought, I knew it was "the one" within minutes of walking in the
door. Clean out the crap, tidy up the cupboards and the garage, stash your
excess stuff in a friend's basement until the home sells. And make sure the
place smells wonderful. (You'll benefit from that too.)
Becoming
offended
A
low-ball offer hasn't been made to offend you, it's the buyer's signal that the
negotiation is going to be a roller coaster ride. Buckle up, but keep smiling.
Letting your emotions get in the way of a deal is immature. This is a business
deal, treat it as such.
Thwarting
inspections
If
you're afraid of what an inspection might turn up, rather than get in the way
of the inspection process, hire your own inspector to highlight what you need
to fix. If you aren't prepared to replace the 34-year-old furnace or
15-year-old roof, be prepared for the buyer to negotiate the cost of a new one
off your sales price.
No comments:
Post a Comment